Recreation Road - NR2 3PB
Key Postcode Insights
NR2 3PB is a residential postcode situated on Recreation Road, Norwich, NR2 with 18 addresses.
It ranks as the 331st largest and 549th most expensive of the 648 postcodes in the NR2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £476,045
- 10 Year change
- up 21.3%
- Ave. Rental Price
- £1,861pcm
- 10 Year change
- up 67.6%
- Ave. £ per ft²
- £452/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
NR2 3PB is a residential postcode situated on Recreation Road, Norwich, NR2 with 18 addresses.
It ranks as the 331st largest and 549th most expensive of the 648 postcodes in the NR2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £476,045
- 10 Year change
- up 21.3%
- Ave. Rental Price
- £1,861pcm
- 10 Year change
- up 67.6%
- Ave. £ per ft²
- £452/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertiesin NR2 3PB
- 8 Recreation Road
4 Bed Period House
- 10 Recreation Road
3 Bed Period House
- 12 Recreation Road
3 Bed Period House
- 14 Recreation Road
3 Bed Period House
- 16 Recreation Road
3 Bed House
Sales Market Trends
The last sale in NR2 3PB sold for £515,000 on 30th May 2023. Since then prices are down an average of 6.2%.
The current average value in the postcode is £476,045.
The NR2 3PB Sales Market has increased by 21.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.2% | £476,045 |
| June 2025 | -0.4% | £486,684 |
| June 2024 | -3.4% | £488,415 |
| June 2023 | 3.4% | £505,558 |
| June 2022 | 6.3% | £489,106 |
| June 2021 | 5.5% | £460,217 |
| June 2020 | 4.5% | £436,393 |
| June 2019 | 0.8% | £417,553 |
| June 2018 | 2.9% | £414,354 |
| June 2017 | 2.6% | £402,755 |
| June 2016 | 7.8% | £392,593 |
| June 2015 | 8.7% | £364,125 |
| June 2014 | 6.2% | £335,032 |
| June 2013 | 3.7% | £315,546 |
| June 2012 | 0.4% | £304,261 |
| June 2011 | -1.5% | £302,968 |
| June 2010 | 12.8% | £307,644 |
| June 2009 | -7.4% | £272,665 |
| June 2008 | -6% | £294,413 |
| June 2007 | 0% | £313,361 |
Rental Market Trends
The current average rental value in the postcode is £1,861.
The NR2 3PB Rental Market has increased by 67.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,861pcm |
| June 2025 | 3.8% | £1,803pcm |
| June 2024 | 7.1% | £1,736pcm |
| June 2023 | 8.2% | £1,622pcm |
| June 2022 | 8.3% | £1,499pcm |
| June 2021 | 11.4% | £1,384pcm |
| June 2020 | 4.4% | £1,242pcm |
| June 2019 | 1.5% | £1,190pcm |
| June 2018 | 1.3% | £1,173pcm |
| June 2017 | 4.4% | £1,158pcm |
| June 2016 | 4.8% | £1,110pcm |
| June 2015 | 3% | £1,059pcm |
| June 2014 | 2.9% | £1,028pcm |
| June 2013 | 1.1% | £999pcm |
| June 2012 | 3.8% | £988pcm |
| June 2011 | 1.4% | £951pcm |
| June 2010 | 8.7% | £938pcm |
| June 2009 | -4.7% | £863pcm |
| June 2008 | -2.2% | £906pcm |
| June 2007 | 0% | £926pcm |
Sales History
The last sale was on 30th May 2023 for £515,000 and since then the market in the area has decreased by 6.2%. The postcode has had a total of 20 sales since 1995.
NR2 3PB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2023£515,000 | 3 Bed House22, Recreation Road, Norwich, NR2 3PB22, Recreation Road, Norwich, NR2 3PB
- Sold Jan 2021£475,000 | 3 Bed House14, Recreation Road, Norwich, NR2 3PB14, Recreation Road, Norwich, NR2 3PB
- Sold Mar 2015£320,000 | 3 Bed House18, Recreation Road, Norwich, NR2 3PB18, Recreation Road, Norwich, NR2 3PB
- Sold Jul 2011£295,000 | 3 Bed House85, Recreation Road, Norwich, NR2 3PB85, Recreation Road, Norwich, NR2 3PB
- Sold Jul 2010£367,000 | 4 Bed House24, Recreation Road, Norwich, NR2 3PB24, Recreation Road, Norwich, NR2 3PB
Nearby Postcodes
NR2 3PB is the 331st largest and the 549th most expensive postcode out of the 648 postcodes in the NR2 area.
- NR2 3JB, College Road, Norwich, NR2NR2 3JB20 Addresses|87 m away
- NR2 3JN, College Road, Norwich, NR2NR2 3JN5 Addresses|97 m away
- NR2 3JS, Bensley Road, Norwich, NR2NR2 3JS3 Addresses|121 m away
- NR2 3PH, The Avenues, Norwich, NR2NR2 3PH30 Addresses|149 m away
- NR2 3JF, Jessopp Road, Norwich, NR2NR2 3JF29 Addresses|153 m away
Property Types
- 6 period houses built between 1800 and 1911
- 2 mid-century houses built between 1936 and 1979
- 3 houses of an unknown age
- 7 other addresses of unknown type
- period house (6)
- mid-century house (2)
- house (3)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (1)
- D (5)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold May 2023£515,000 | 3 Bed House22, Recreation Road, Norwich, NR2 3PB22, Recreation Road, Norwich, NR2 3PB
- Sold Jan 2021£475,000 | 3 Bed House14, Recreation Road, Norwich, NR2 3PB14, Recreation Road, Norwich, NR2 3PB
- Sold Mar 2017£420,000 | 4 Bed House61, Recreation Road, Norwich, NR2 3PA61, Recreation Road, Norwich, NR2 3PA
Schools Nearby
- Avenue Junior School200 m away
- Recreation Road Infant School300 m away
- St Francis of Assisi Catholic Primary School400 m away
- City of Norwich School, An Ormiston Academy1.5 km away
- City Academy Norwich1.5 km away
- Jane Austen College1.7 km away
More reading links
Public Transport Nearby
The closest station to NR2 3PB is Norwich station, which is 2.5 kilometres away.
- Norwich|2.5 km away
- Salhouse|9.9 km away
- Brundall Gardens|10.0 km away
- Brundall|11.4 km away