Russell Street - NR2 4QU
Key Postcode Insights
NR2 4QU is a residential postcode situated on Russell Street, Norwich, NR2 with 28 addresses.
It ranks as the 434th largest and 65th 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 28 properties: 28 flats.
- Ave. Sale Price
- £134,359
- 10 Year change
- up 7.5%
- Ave. Rental Price
- £816pcm
- 10 Year change
- up 44.9%
- Ave. £ per ft²
- £210/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Key Postcode Insights
NR2 4QU is a residential postcode situated on Russell Street, Norwich, NR2 with 28 addresses.
It ranks as the 434th largest and 65th 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 28 properties: 28 flats.
- Ave. Sale Price
- £134,359
- 10 Year change
- up 7.5%
- Ave. Rental Price
- £816pcm
- 10 Year change
- up 44.9%
- Ave. £ per ft²
- £210/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Explore Propertiesin NR2 4QU
- 55 Russell Street
2 Bed Mid-century Flat
- 57 Russell Street
3 Bed Mid-century Flat
- 58 Russell Street
2 Bed Mid-century Flat
- 59 Russell Street
2 Bed Mid-century Flat
- 60 Russell Street
2 Bed Mid-century Flat
Sales Market Trends
The last sale in NR2 4QU sold for £145,000 on 23rd September 2022. Since then prices are down an average of 5.8%.
The current average value in the postcode is £134,359.
The NR2 4QU Sales Market has increased by 7.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £134,359 |
| June 2025 | -1.9% | £138,111 |
| June 2024 | -1.2% | £140,786 |
| June 2023 | 1.3% | £142,502 |
| June 2022 | 3.9% | £140,723 |
| June 2021 | 2.5% | £135,485 |
| June 2020 | 3.6% | £132,180 |
| June 2019 | 0.7% | £127,600 |
| June 2018 | 2% | £126,717 |
| June 2017 | -0.6% | £124,257 |
| June 2016 | 5.2% | £124,959 |
| June 2015 | 6.8% | £118,731 |
| June 2014 | 7.2% | £111,160 |
| June 2013 | 2.6% | £103,659 |
| June 2012 | 0.5% | £101,015 |
| June 2011 | -2.9% | £100,527 |
| June 2010 | 7.2% | £103,560 |
| June 2009 | -14% | £96,573 |
| June 2008 | -7.9% | £112,256 |
| June 2007 | 0% | £121,868 |
Rental Market Trends
The current average rental value in the postcode is £816.
The NR2 4QU Rental Market has increased by 44.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £816pcm |
| June 2025 | 1.9% | £794pcm |
| June 2024 | 8.1% | £780pcm |
| June 2023 | 7.3% | £721pcm |
| June 2022 | 4.9% | £672pcm |
| June 2021 | 7.7% | £641pcm |
| June 2020 | 3.4% | £595pcm |
| June 2019 | 1.4% | £575pcm |
| June 2018 | 0% | £567pcm |
| June 2017 | 0.8% | £567pcm |
| June 2016 | 2.5% | £563pcm |
| June 2015 | 2.2% | £549pcm |
| June 2014 | 2.9% | £538pcm |
| June 2013 | 0% | £522pcm |
| June 2012 | 2.8% | £523pcm |
| June 2011 | 1% | £508pcm |
| June 2010 | 3.1% | £503pcm |
| June 2009 | -9.3% | £488pcm |
| June 2008 | -3.2% | £538pcm |
| June 2007 | 0% | £556pcm |
Sales History
The last sale was on 23rd September 2022 for £145,000 and since then the market in the area has decreased by 5.8%. The postcode has had a total of 13 sales since 1995.
NR2 4QU has seen no sales in the last three years and no sales in the last twelve months.
- Sold Sep 2022£145,000 | 2 Bed Flat74, Russell Street, Norwich, NR2 4QU74, Russell Street, Norwich, NR2 4QU
- Sold Apr 2017£126,500 | 3 Bed Flat80, Russell Street, Norwich, NR2 4QU80, Russell Street, Norwich, NR2 4QU
- Sold Jun 2016£142,000 | 3 Bed Flat61, Russell Street, Norwich, NR2 4QU61, Russell Street, Norwich, NR2 4QU
- Sold May 2014£112,000 | 3 Bed Flat57, Russell Street, Norwich, NR2 4QU57, Russell Street, Norwich, NR2 4QU
- Sold Jan 2012£92,000 | 2 Bed Flat72, Russell Street, Norwich, NR2 4QU72, Russell Street, Norwich, NR2 4QU
Nearby Postcodes
NR2 4QU is the 434th largest and the 65th most expensive postcode out of the 648 postcodes in the NR2 area.
- NR2 4QS, Cardigan Place, Norwich, NR2NR2 4QS29 Addresses|45 m away
- NR2 4RA, Russell Street, Norwich, NR2NR2 4RA20 Addresses|54 m away
- NR2 4QR, Napier Place, Norwich, NR2NR2 4QR21 Addresses|93 m away
- NR2 4TG, Heigham Street, Norwich, NR2NR2 4TG19 Addresses|95 m away
- NR2 4QT, Russell Street, Norwich, NR2NR2 4QT56 Addresses|95 m away
Property Types
- 4 modern flats built after 1980
- 20 mid-century flats built between 1936 and 1979
- 4 other addresses of unknown type
- modern flat (4)
- mid-century flat (20)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (19)
- G (0)
- D (5)
- No EPC (4)
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 School500 m away
- Wensum Junior School1.0 km away
- Angel Road Infant School1.0 km away
- Jane Austen College900 m away
- Sewell Park Academy1.6 km away
- Notre Dame High School, Norwich1.8 km away
More reading links
Public Transport Nearby
The closest station to NR2 4QU is Norwich station, which is 2.0 kilometres away.
- Norwich|2.0 km away
- Salhouse|8.6 km away
- Brundall Gardens|9.4 km away
- Brundall|10.8 km away
