Watson Grove - NR2 4LE
Key Postcode Insights
NR2 4LE is a residential postcode situated on Watson Grove, Norwich, NR2 with 26 addresses.
It ranks as the 416th largest and 180th 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 26 properties: 13 houses and 13 flats.
- Ave. Sale Price
- £194,463
- 10 Year change
- up 16.4%
- Ave. Rental Price
- £1,057pcm
- 10 Year change
- up 56.9%
- Ave. £ per ft²
- £300/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
NR2 4LE is a residential postcode situated on Watson Grove, Norwich, NR2 with 26 addresses.
It ranks as the 416th largest and 180th 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 26 properties: 13 houses and 13 flats.
- Ave. Sale Price
- £194,463
- 10 Year change
- up 16.4%
- Ave. Rental Price
- £1,057pcm
- 10 Year change
- up 56.9%
- Ave. £ per ft²
- £300/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin NR2 4LE
- 1 Watson Grove
2 Bed Mid-century Flat
- 2 Watson Grove
2 Bed Mid-century Flat
- 3 Watson Grove
2 Bed Mid-century Flat
- 4 Watson Grove
2 Bed Mid-century Flat
- 5 Watson Grove
Unknown
Sales Market Trends
The last sale in NR2 4LE sold for £105,000 on 29th November 2016. Since then prices are up an average of 15.9%.
The current average value in the postcode is £194,463.
The NR2 4LE Sales Market has increased by 16.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.3% | £194,463 |
| June 2025 | -0.7% | £199,051 |
| June 2024 | -1.5% | £200,449 |
| June 2023 | 1.2% | £203,500 |
| June 2022 | 6.1% | £201,013 |
| June 2021 | 4% | £189,424 |
| June 2020 | 4% | £182,077 |
| June 2019 | 0.6% | £175,141 |
| June 2018 | 2.8% | £174,107 |
| June 2017 | 1.4% | £169,301 |
| June 2016 | 6.4% | £167,030 |
| June 2015 | 7.3% | £156,979 |
| June 2014 | 7.2% | £146,289 |
| June 2013 | 3.3% | £136,441 |
| June 2012 | 1.2% | £132,089 |
| June 2011 | -2.7% | £130,581 |
| June 2010 | 8.5% | £134,251 |
| June 2009 | -13% | £123,687 |
| June 2008 | -8.1% | £142,250 |
| June 2007 | 0% | £154,718 |
Rental Market Trends
The current average rental value in the postcode is £1,057.
The NR2 4LE Rental Market has increased by 56.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,057pcm |
| June 2025 | 3.2% | £1,024pcm |
| June 2024 | 7.8% | £993pcm |
| June 2023 | 7.3% | £921pcm |
| June 2022 | 7.1% | £858pcm |
| June 2021 | 9.3% | £802pcm |
| June 2020 | 3.8% | £734pcm |
| June 2019 | 1.3% | £707pcm |
| June 2018 | 0.8% | £698pcm |
| June 2017 | 2.7% | £692pcm |
| June 2016 | 3.6% | £674pcm |
| June 2015 | 2.6% | £651pcm |
| June 2014 | 2.9% | £634pcm |
| June 2013 | 0.7% | £616pcm |
| June 2012 | 3.5% | £612pcm |
| June 2011 | 1.1% | £591pcm |
| June 2010 | 4.4% | £585pcm |
| June 2009 | -8.4% | £560pcm |
| June 2008 | -3.3% | £611pcm |
| June 2007 | 0% | £632pcm |
Sales History
The last sale was on 29th November 2016 for £105,000 and since then the market in the area has increased by 15.9%. The postcode has had a total of 6 sales since 1995.
NR2 4LE has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2016£105,000 | 1 Bed Flat9, Watson Grove, Norwich, NR2 4LE9, Watson Grove, Norwich, NR2 4LE
- Sold Nov 2005£81,000 | 2 Bed Flat8, Watson Grove, Norwich, NR2 4LE8, Watson Grove, Norwich, NR2 4LE
- Sold Jul 2003£66,000 | 2 Bed House17, Watson Grove, Norwich, NR2 4LE17, Watson Grove, Norwich, NR2 4LE
- Sold May 2003£90,000 | 3 Bed House62, Watson Grove, Norwich, NR2 4LE62, Watson Grove, Norwich, NR2 4LE
- Sold Oct 1999£31,000 | 2 Bed House17, Watson Grove, Norwich, NR2 4LE17, Watson Grove, Norwich, NR2 4LE
Nearby Postcodes
NR2 4LE is the 416th largest and the 180th most expensive postcode out of the 648 postcodes in the NR2 area.
- NR2 4JY, Armes Street, Norwich, NR2NR2 4JY29 Addresses|48 m away
- NR2 4LF, Watson Grove, Norwich, NR2NR2 4LF39 Addresses|65 m away
- NR2 4ES, Nelson Street, Norwich, NR2NR2 4ES7 Addresses|73 m away
- NR2 4JB, Adelaide Street, Norwich, NR2NR2 4JB31 Addresses|92 m away
- NR2 4DT, Dolphin Grove, Norwich, NR2NR2 4DT30 Addresses|97 m away
Property Types
- 1 modern flat built after 1980
- 3 mid-century houses built between 1936 and 1979
- 10 mid-century flats built between 1936 and 1979
- 12 other addresses of unknown type
- modern flat (1)
- mid-century house (3)
- mid-century flat (10)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (13)
- G (0)
- D (2)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold May 2026£158,000 | 2 Bed Flat39, Watson Grove, Norwich, NR2 4LF39, Watson Grove, Norwich, NR2 4LF
- Sold Jul 2023£153,000 | 2 Bed Flat46, Watson Grove, Norwich, NR2 4LF46, Watson Grove, Norwich, NR2 4LF
- Sold Jan 2022£147,500 | 2 Bed Flat44, Watson Grove, Norwich, NR2 4LF44, Watson Grove, Norwich, NR2 4LF
Schools Nearby
- Nelson Infant School300 m away
- Wensum Junior School700 m away
- Angel Road Infant School1.1 km away
- Jane Austen College1.2 km away
- Sewell Park Academy1.7 km away
- Notre Dame High School, Norwich2.1 km away
More reading links
Public Transport Nearby
The closest station to NR2 4LE is Norwich station, which is 2.3 kilometres away.
- Norwich|2.3 km away
- Salhouse|8.8 km away
- Brundall Gardens|9.7 km away
- Brundall|11.1 km away
