Dereham Road - NR2 4BU
Key Postcode Insights
NR2 4BU is a residential postcode situated on Dereham Road, Norwich, NR2 with 23 addresses.
It ranks as the 391st largest and 324th 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 23 properties: 16 houses and 7 flats.
- Ave. Sale Price
- £240,168
- 10 Year change
- up 13.1%
- Ave. Rental Price
- £1,226pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £255/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
NR2 4BU is a residential postcode situated on Dereham Road, Norwich, NR2 with 23 addresses.
It ranks as the 391st largest and 324th 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 23 properties: 16 houses and 7 flats.
- Ave. Sale Price
- £240,168
- 10 Year change
- up 13.1%
- Ave. Rental Price
- £1,226pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £255/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin NR2 4BU
- 66-70 Dereham Road
Unknown
- 70B Dereham Road
3 Bed Period Flat
- 72 Dereham Road
3 Bed Mid-century House
- 74 Dereham Road
3 Bed Period House
- 76 Dereham Road
3 Bed Period House
Sales Market Trends
The last sale in NR2 4BU sold for £224,000 on 5th September 2025. Since then prices are down an average of 1.2%.
The current average value in the postcode is £240,168.
The NR2 4BU Sales Market has increased by 13.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £240,168 |
| June 2025 | -1.1% | £246,020 |
| June 2024 | -2.5% | £248,856 |
| June 2023 | 2.6% | £255,249 |
| June 2022 | 4.7% | £248,732 |
| June 2021 | 3.4% | £237,639 |
| June 2020 | 4.1% | £229,923 |
| June 2019 | 0.8% | £220,825 |
| June 2018 | 2.6% | £218,992 |
| June 2017 | 0.5% | £213,434 |
| June 2016 | 6.1% | £212,342 |
| June 2015 | 7.7% | £200,146 |
| June 2014 | 6.8% | £185,826 |
| June 2013 | 3% | £173,982 |
| June 2012 | 0.5% | £168,859 |
| June 2011 | -2.1% | £168,025 |
| June 2010 | 9.2% | £171,630 |
| June 2009 | -10.8% | £157,109 |
| June 2008 | -7.3% | £176,060 |
| June 2007 | 0% | £189,914 |
Rental Market Trends
The current average rental value in the postcode is £1,226.
The NR2 4BU Rental Market has increased by 56.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,226pcm |
| June 2025 | 2.9% | £1,190pcm |
| June 2024 | 7.9% | £1,156pcm |
| June 2023 | 7.7% | £1,072pcm |
| June 2022 | 6.6% | £995pcm |
| June 2021 | 9.1% | £933pcm |
| June 2020 | 3.7% | £855pcm |
| June 2019 | 1.5% | £825pcm |
| June 2018 | 1.1% | £813pcm |
| June 2017 | 2.3% | £804pcm |
| June 2016 | 3.2% | £786pcm |
| June 2015 | 2.1% | £761pcm |
| June 2014 | 3.2% | £745pcm |
| June 2013 | 0.5% | £722pcm |
| June 2012 | 3.6% | £719pcm |
| June 2011 | 1.2% | £694pcm |
| June 2010 | 5% | £686pcm |
| June 2009 | -7.9% | £653pcm |
| June 2008 | -3% | £709pcm |
| June 2007 | 0% | £731pcm |
Sales History
The last sale was on 5th September 2025 for £224,000 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 51 sales since 1995.
NR2 4BU has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£224,000 | 3 Bed House72, Dereham Road, Norwich, NR2 4BU72, Dereham Road, Norwich, NR2 4BU
- Sold Jan 2025£260,000 | 3 Bed House74, Dereham Road, Norwich, NR2 4BU74, Dereham Road, Norwich, NR2 4BU
- Sold Feb 2023£242,500 | 3 Bed House76, Dereham Road, Norwich, NR2 4BU76, Dereham Road, Norwich, NR2 4BU
- Sold Oct 2022£158,000 | 2 Bed Flat88, Dereham Road, Norwich, NR2 4BU88, Dereham Road, Norwich, NR2 4BU
- Sold Oct 2022£345,000 | 3 Bed House92, Dereham Road, Norwich, NR2 4BU92, Dereham Road, Norwich, NR2 4BU
Nearby Postcodes
NR2 4BU is the 391st largest and the 324th most expensive postcode out of the 648 postcodes in the NR2 area.
- NR2 4QL, Midland Street, Norwich, NR2NR2 4QL2 Addresses|46 m away
- NR2 4HT, Dereham Road, Norwich, NR2NR2 4HT14 Addresses|49 m away
- NR2 4BJ, Wymer Street, Norwich, NR2NR2 4BJ36 Addresses|56 m away
- NR2 4HS, Dereham Road, Norwich, NR2NR2 4HS6 Addresses|69 m away
- NR2 4QQ, Portway Square, Norwich, NR2NR2 4QQ27 Addresses|97 m away
Property Types
- 11 period houses built between 1800 and 1911
- 5 period flats built between 1800 and 1911
- 2 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 4 other addresses of unknown type
- period house (11)
- period flat (5)
- modern flat (2)
- mid-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (11)
- G (0)
- D (6)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Dec 2019£1,573,829 | 1 Bed FlatUnit 1, St. Benedicts Filling Station 9, Dereham Road, Norwich, NR2 4HXUnit 1, St. Benedicts Filling Station 9, Dereham Road, Norwich, NR2 4HX
- Sold Feb 2021£647,500 | 5 Bed House205, Dereham Road, Norwich, NR2 3TE205, Dereham Road, Norwich, NR2 3TE
- Sold Nov 2018£526,100 | 4 Bed House164, Dereham Road, Norwich, NR2 3AH164, Dereham Road, Norwich, NR2 3AH
Schools Nearby
- Nelson Infant School600 m away
- Recreation Road Infant School900 m away
- Avenue Junior School900 m away
- Jane Austen College900 m away
- Notre Dame High School, Norwich1.6 km away
- Sewell Park Academy2.0 km away
More reading links
Public Transport Nearby
The closest station to NR2 4BU is Norwich station, which is 1.9 kilometres away.
- Norwich|1.9 km away
- Salhouse|8.9 km away
- Brundall Gardens|9.4 km away
- Brundall|10.9 km away
