Old Palace Road - NR2 4JQ
Key Postcode Insights
NR2 4JQ is a residential postcode situated on Old Palace Road, Norwich, NR2 with 9 addresses.
It ranks as the 197th largest and 13th most expensive of the 648 postcodes in the NR2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 9 properties: 9 flats.
- Ave. Sale Price
- £112,953
- 10 Year change
- up 7.9%
- Ave. Rental Price
- £696pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £178/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Key Postcode Insights
NR2 4JQ is a residential postcode situated on Old Palace Road, Norwich, NR2 with 9 addresses.
It ranks as the 197th largest and 13th most expensive of the 648 postcodes in the NR2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 9 properties: 9 flats.
- Ave. Sale Price
- £112,953
- 10 Year change
- up 7.9%
- Ave. Rental Price
- £696pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £178/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Explore Propertiesin NR2 4JQ
- 42 Old Palace Road
Unknown
- 44 Old Palace Road
2 Bed Mid-century Flat
- 46 Old Palace Road
Unknown
- 48 Old Palace Road
2 Bed Modern Flat
- 50 Old Palace Road
2 Bed Mid-century Flat
Sales Market Trends
The last sale in NR2 4JQ sold for £145,000 on 1st May 2026. Since then prices are down an average of 2.3%.
The current average value in the postcode is £112,953.
The NR2 4JQ Sales Market has increased by 7.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £112,953 |
| June 2025 | -1.9% | £116,060 |
| June 2024 | -1.2% | £118,301 |
| June 2023 | 1.3% | £119,725 |
| June 2022 | 3.9% | £118,242 |
| June 2021 | 2.7% | £113,760 |
| June 2020 | 3.7% | £110,805 |
| June 2019 | 0.6% | £106,833 |
| June 2018 | 2% | £106,222 |
| June 2017 | -0.5% | £104,176 |
| June 2016 | 5.5% | £104,706 |
| June 2015 | 6.9% | £99,292 |
| June 2014 | 7.1% | £92,876 |
| June 2013 | 2.7% | £86,752 |
| June 2012 | 0.3% | £84,506 |
| June 2011 | -3% | £84,259 |
| June 2010 | 7.2% | £86,853 |
| June 2009 | -14% | £81,042 |
| June 2008 | -7.9% | £94,277 |
| June 2007 | 0% | £102,387 |
Rental Market Trends
The current average rental value in the postcode is £696.
The NR2 4JQ Rental Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £696pcm |
| June 2025 | 1.9% | £677pcm |
| June 2024 | 8.2% | £665pcm |
| June 2023 | 7.3% | £614pcm |
| June 2022 | 4.9% | £573pcm |
| June 2021 | 7.8% | £546pcm |
| June 2020 | 3.5% | £506pcm |
| June 2019 | 1.3% | £489pcm |
| June 2018 | 0% | £483pcm |
| June 2017 | 0.8% | £483pcm |
| June 2016 | 2.7% | £479pcm |
| June 2015 | 2.3% | £466pcm |
| June 2014 | 2.7% | £456pcm |
| June 2013 | 0% | £444pcm |
| June 2012 | 2.6% | £443pcm |
| June 2011 | 0.9% | £432pcm |
| June 2010 | 3.1% | £428pcm |
| June 2009 | -9.4% | £416pcm |
| June 2008 | -3.2% | £458pcm |
| June 2007 | 0% | £474pcm |
Sales History
The last sale was on 1st May 2026 for £145,000 and since then the market in the area has decreased by 2.3%. The postcode has had a total of 5 sales since 1995.
NR2 4JQ has seen 2 sales in the last three years and 2 sales in the last twelve months.
- Sold May 2026£145,000 | 2 Bed Flat48, Old Palace Road, Norwich, NR2 4JQ48, Old Palace Road, Norwich, NR2 4JQ
- Sold Jul 2025£115,000 | 2 Bed Flat50, Old Palace Road, Norwich, NR2 4JQ50, Old Palace Road, Norwich, NR2 4JQ
- Sold Jun 2021£129,000 | 2 Bed Flat52, Old Palace Road, Norwich, NR2 4JQ52, Old Palace Road, Norwich, NR2 4JQ
- Sold Oct 2009£89,000 | 2 Bed Flat52, Old Palace Road, Norwich, NR2 4JQ52, Old Palace Road, Norwich, NR2 4JQ
- Sold Nov 1999£36,000 | 2 Bed Flat52, Old Palace Road, Norwich, NR2 4JQ52, Old Palace Road, Norwich, NR2 4JQ
Nearby Postcodes
NR2 4JQ is the 197th largest and the 13th most expensive postcode out of the 648 postcodes in the NR2 area.
- NR2 4JG, Old Palace Road, Norwich, NR2NR2 4JG5 Addresses|47 m away
- NR2 4NB, Old Palace Road, Norwich, NR2NR2 4NB9 Addresses|61 m away
- NR2 4QY, Browne Street, Norwich, NR2NR2 4QY6 Addresses|63 m away
- NR2 4QX, Devonshire Street, Norwich, NR2NR2 4QX54 Addresses|65 m away
- NR2 4JF, Old Palace Road, Norwich, NR2NR2 4JF11 Addresses|72 m away
Property Types
- 1 modern flat built after 1980
- 5 mid-century flats built between 1936 and 1979
- 3 other addresses of unknown type
- modern flat (1)
- mid-century flat (5)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (1)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Aug 2011£292,000 | 4 Bed House49, Old Palace Road, Norwich, NR2 4JG49, Old Palace Road, Norwich, NR2 4JG
- Sold Mar 2025£265,000 | 3 Bed House27, Old Palace Road, Norwich, NR2 4JE27, Old Palace Road, Norwich, NR2 4JE
- Sold Jun 2022£263,000 | 3 Bed House69, Old Palace Road, Norwich, NR2 4JW69, Old Palace Road, Norwich, NR2 4JW
Schools Nearby
- Nelson Infant School400 m away
- Wensum Junior School800 m away
- Recreation Road Infant School1.0 km away
- Jane Austen College1.0 km away
- Sewell Park Academy1.8 km away
- Notre Dame High School, Norwich1.8 km away
More reading links
Public Transport Nearby
The closest station to NR2 4JQ is Norwich station, which is 2.1 kilometres away.
- Norwich|2.1 km away
- Salhouse|8.8 km away
- Brundall Gardens|9.5 km away
- Brundall|11.0 km away