Russell Street - NR2 4QT
Key Postcode Insights
NR2 4QT is a residential postcode situated on Russell Street, Norwich, NR2 with 56 addresses.
It ranks as the 615th largest and 59th 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 56 properties: 5 houses and 51 flats.
- Ave. Sale Price
- £139,848
- 10 Year change
- up 18.0%
- Ave. Rental Price
- £843pcm
- 10 Year change
- up 59.0%
- Ave. £ per ft²
- £207/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Postcode Insights
NR2 4QT is a residential postcode situated on Russell Street, Norwich, NR2 with 56 addresses.
It ranks as the 615th largest and 59th 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 56 properties: 5 houses and 51 flats.
- Ave. Sale Price
- £139,848
- 10 Year change
- up 18.0%
- Ave. Rental Price
- £843pcm
- 10 Year change
- up 59.0%
- Ave. £ per ft²
- £207/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Propertiesin NR2 4QT
- St. Barnabas Church Hall
Unknown
- 1 Russell Street
5 Bed Early-century House
- 2 Russell Street
Unknown
- 3 Russell Street
2 Bed Mid-century Flat
- 4 Russell Street
2 Bed Mid-century Flat
Sales Market Trends
The last sale in NR2 4QT sold for £140,000 on 24th August 2022. Since then prices are down an average of 5.2%.
The current average value in the postcode is £139,848.
The NR2 4QT Sales Market has increased by 18.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.3% | £139,848 |
| June 2025 | -0.6% | £143,109 |
| June 2024 | -1.6% | £143,925 |
| June 2023 | 1.5% | £146,300 |
| June 2022 | 6.3% | £144,118 |
| June 2021 | 4.3% | £135,568 |
| June 2020 | 4% | £129,931 |
| June 2019 | 0.7% | £124,910 |
| June 2018 | 3% | £124,077 |
| June 2017 | 1.7% | £120,488 |
| June 2016 | 6.5% | £118,530 |
| June 2015 | 7.3% | £111,254 |
| June 2014 | 7.3% | £103,681 |
| June 2013 | 3.4% | £96,614 |
| June 2012 | 1.3% | £93,421 |
| June 2011 | -2.7% | £92,177 |
| June 2010 | 9.5% | £94,721 |
| June 2009 | -12.4% | £86,469 |
| June 2008 | -7.9% | £98,691 |
| June 2007 | 0% | £107,105 |
Rental Market Trends
The current average rental value in the postcode is £843.
The NR2 4QT Rental Market has increased by 59.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £843pcm |
| June 2025 | 3.3% | £817pcm |
| June 2024 | 7.7% | £791pcm |
| June 2023 | 7.6% | £735pcm |
| June 2022 | 7.3% | £683pcm |
| June 2021 | 9.6% | £636pcm |
| June 2020 | 3.8% | £581pcm |
| June 2019 | 1.4% | £559pcm |
| June 2018 | 1% | £551pcm |
| June 2017 | 3% | £546pcm |
| June 2016 | 3.8% | £530pcm |
| June 2015 | 2.7% | £511pcm |
| June 2014 | 3% | £498pcm |
| June 2013 | 0.8% | £483pcm |
| June 2012 | 3.7% | £480pcm |
| June 2011 | 1.2% | £463pcm |
| June 2010 | 5.4% | £457pcm |
| June 2009 | -7.6% | £434pcm |
| June 2008 | -3.1% | £470pcm |
| June 2007 | 0% | £485pcm |
Sales History
The last sale was on 24th August 2022 for £140,000 and since then the market in the area has decreased by 5.2%. The postcode has had a total of 29 sales since 1995.
NR2 4QT has seen no sales in the last three years and no sales in the last twelve months.
- Sold Aug 2022£140,000 | 2 Bed Flat44, Russell Street, Norwich, NR2 4QT44, Russell Street, Norwich, NR2 4QT
- Sold Apr 2021£140,000 | 2 Bed Flat47, Russell Street, Norwich, NR2 4QT47, Russell Street, Norwich, NR2 4QT
- Sold Feb 2021£140,000 | 2 Bed Flat11, Russell Street, Norwich, NR2 4QT11, Russell Street, Norwich, NR2 4QT
- Sold Feb 2020£115,000 | 2 Bed Flat11, Russell Street, Norwich, NR2 4QT11, Russell Street, Norwich, NR2 4QT
- Sold Jan 2017£125,000 | 2 Bed Flat8, Russell Street, Norwich, NR2 4QT8, Russell Street, Norwich, NR2 4QT
Nearby Postcodes
NR2 4QT is the 615th largest and the 59th most expensive postcode out of the 648 postcodes in the NR2 area.
- NR2 4QD, Devonshire Street, Norwich, NR2NR2 4QD22 Addresses|51 m away
- NR2 4QS, Cardigan Place, Norwich, NR2NR2 4QS29 Addresses|74 m away
- NR2 4QR, Napier Place, Norwich, NR2NR2 4QR21 Addresses|78 m away
- NR2 4QN, Haslips Close, Norwich, NR2NR2 4QN65 Addresses|93 m away
- NR2 4QU, Russell Street, Norwich, NR2NR2 4QU28 Addresses|95 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 41 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 12 other addresses of unknown type
- mid-century house (1)
- mid-century flat (41)
- house (1)
- early-century house (1)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 44 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (30)
- G (0)
- D (12)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold Sep 2022£145,000 | 2 Bed Flat74, Russell Street, Norwich, NR2 4QU74, Russell Street, Norwich, NR2 4QU
- Sold Jun 2016£142,000 | 3 Bed Flat61, Russell Street, Norwich, NR2 4QU61, Russell Street, Norwich, NR2 4QU
- Sold Feb 2021£140,000 | 2 Bed Flat11, Russell Street, Norwich, NR2 4QT11, Russell Street, Norwich, NR2 4QT
Schools Nearby
- Nelson Infant School600 m away
- Wensum Junior School1.0 km away
- Angel Road Junior School1.1 km away
- Jane Austen College800 m away
- Sewell Park Academy1.7 km away
- Notre Dame High School, Norwich1.8 km away
More reading links
Public Transport Nearby
The closest station to NR2 4QT is Norwich station, which is 1.9 kilometres away.
- Norwich|1.9 km away
- Salhouse|8.6 km away
- Brundall Gardens|9.4 km away
- Brundall|10.8 km away