Dereham Road - NR2 4HY
Key Postcode Insights
NR2 4HY is a residential postcode situated on Dereham Road, Norwich, NR2 with 15 addresses.
It ranks as the 294th largest and 244th 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 15 properties: 12 houses and 3 flats.
- Ave. Sale Price
- £219,876
- 10 Year change
- up 12.9%
- Ave. Rental Price
- £1,091pcm
- 10 Year change
- up 55.8%
- Ave. £ per ft²
- £193/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
NR2 4HY is a residential postcode situated on Dereham Road, Norwich, NR2 with 15 addresses.
It ranks as the 294th largest and 244th 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 15 properties: 12 houses and 3 flats.
- Ave. Sale Price
- £219,876
- 10 Year change
- up 12.9%
- Ave. Rental Price
- £1,091pcm
- 10 Year change
- up 55.8%
- Ave. £ per ft²
- £193/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin NR2 4HY
- 21 Dereham Road
Building  |  2 Flats
- 23 Dereham Road
House
- 25 Dereham Road
3 Bed Period House
- 27 Dereham Road
House
- 29 Dereham Road
House
Sales Market Trends
The last sale in NR2 4HY sold for £197,000 on 2nd January 2025. Since then prices are down an average of 1.2%.
The current average value in the postcode is £219,876.
The NR2 4HY Sales Market has increased by 12.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.3% | £219,876 |
| June 2025 | -1.2% | £225,079 |
| June 2024 | -2.6% | £227,771 |
| June 2023 | 2.6% | £233,864 |
| June 2022 | 4.7% | £227,907 |
| June 2021 | 3.5% | £217,684 |
| June 2020 | 4.2% | £210,371 |
| June 2019 | 0.7% | £201,837 |
| June 2018 | 2.4% | £200,447 |
| June 2017 | 0.5% | £195,767 |
| June 2016 | 6.4% | £194,717 |
| June 2015 | 8% | £182,998 |
| June 2014 | 6.6% | £169,448 |
| June 2013 | 3.1% | £158,989 |
| June 2012 | 0.2% | £154,232 |
| June 2011 | -2.2% | £153,890 |
| June 2010 | 9.1% | £157,377 |
| June 2009 | -10.9% | £144,288 |
| June 2008 | -7.5% | £161,949 |
| June 2007 | 0% | £175,043 |
Rental Market Trends
The current average rental value in the postcode is £1,091.
The NR2 4HY Rental Market has increased by 55.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,091pcm |
| June 2025 | 2.9% | £1,058pcm |
| June 2024 | 7.8% | £1,028pcm |
| June 2023 | 7.7% | £954pcm |
| June 2022 | 6.7% | £886pcm |
| June 2021 | 9.2% | £831pcm |
| June 2020 | 3.8% | £761pcm |
| June 2019 | 1.3% | £732pcm |
| June 2018 | 0.9% | £723pcm |
| June 2017 | 2.4% | £717pcm |
| June 2016 | 3.5% | £700pcm |
| June 2015 | 2.4% | £676pcm |
| June 2014 | 3% | £661pcm |
| June 2013 | 0.5% | £641pcm |
| June 2012 | 3.3% | £638pcm |
| June 2011 | 1.1% | £618pcm |
| June 2010 | 4.8% | £611pcm |
| June 2009 | -8% | £583pcm |
| June 2008 | -3.2% | £634pcm |
| June 2007 | 0% | £655pcm |
Sales History
The last sale was on 2nd January 2025 for £197,000 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 11 sales since 1995.
NR2 4HY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jan 2025£197,000 | 3 Bed House37, Dereham Road, Norwich, NR2 4HY37, Dereham Road, Norwich, NR2 4HY
- Sold Dec 2015£239,000 | 4 Bed House33, Dereham Road, Norwich, NR2 4HY33, Dereham Road, Norwich, NR2 4HY
- Sold Apr 2015£174,500 | 3 Bed House21A, Dereham Road, Norwich, NR2 4HY21A, Dereham Road, Norwich, NR2 4HY
- Sold May 2012£170,000 | 3 Bed House41, Dereham Road, Norwich, NR2 4HY41, Dereham Road, Norwich, NR2 4HY
- Sold Aug 2010£145,000 | 4 Bed House33, Dereham Road, Norwich, NR2 4HY33, Dereham Road, Norwich, NR2 4HY
Nearby Postcodes
NR2 4HY is the 294th largest and the 244th most expensive postcode out of the 648 postcodes in the NR2 area.
- NR2 4PJ, Raglan Street, Norwich, NR2NR2 4PJ4 Addresses|48 m away
- NR2 4PP, Orchard Street, Norwich, NR2NR2 4PP6 Addresses|53 m away
- NR2 4PL, Lothian Street, Norwich, NR2NR2 4PL19 Addresses|54 m away
- NR2 4BE, Charles Square, Norwich, NR2NR2 4BE29 Addresses|67 m away
- NR2 4HZ, Dereham Road, Norwich, NR2NR2 4HZ6 Addresses|75 m away
Property Types
- 6 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 2 modern houses built after 1980
- 5 other addresses of unknown type
- period house (6)
- period flat (2)
- modern house (2)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (6)
- No EPC (6)
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 School800 m away
- Bignold Primary School and Nursery900 m away
- Avenue Junior School1.0 km away
- Jane Austen College700 m away
- Notre Dame High School, Norwich1.4 km away
- Sewell Park Academy1.9 km away
More reading links
Public Transport Nearby
The closest station to NR2 4HY is Norwich station, which is 1.7 kilometres away.
- Norwich|1.7 km away
- Salhouse|8.7 km away
- Brundall Gardens|9.2 km away
- Brundall|10.6 km away
