NR3 1JT is a residential postcode situated on Magpie Road, Norwich, NR3 with 20 addresses.
It ranks as the 405th largest and 38th most expensive of the 763 postcodes in the NR3 area.
The postcode contains a total of 20 properties: 2 houses and 18 flats.
NR3 1JT is a residential postcode situated on Magpie Road, Norwich, NR3 with 20 addresses.
It ranks as the 405th largest and 38th most expensive of the 763 postcodes in the NR3 area.
The postcode contains a total of 20 properties: 2 houses and 18 flats.
Sale prices range from £110,838 for 1 bedroom Leasehold flats (322 ft2) to £138,987 for 2 bedroom Leasehold flats (516 ft2) .
Monthly rental prices range from £685 pcm for 1 bed flats to £839 pcm for 2 bed flats.
The gross rental yield is between 7.0% and 8.0%.
The average value per square foot is £343.
The current average value in the postcode is £124,121.
The NR3 1JT Sales Market has increased by 22.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.6% | £124,121 |
| April 2025 | -0.5% | £124,847 |
| April 2024 | -0.6% | £125,478 |
| April 2023 | 1.9% | £126,249 |
| April 2022 | 6.7% | £123,921 |
| April 2021 | 4.6% | £116,090 |
| April 2020 | 2.4% | £110,955 |
| April 2019 | 1.4% | £108,399 |
| April 2018 | 3.6% | £106,871 |
| April 2017 | 2% | £103,114 |
| April 2016 | 5.9% | £101,101 |
| April 2015 | 4.9% | £95,478 |
| April 2014 | 9.3% | £91,060 |
| April 2013 | 3.1% | £83,306 |
| April 2012 | 2.4% | £80,802 |
| April 2011 | -4.1% | £78,932 |
| April 2010 | 8.2% | £82,297 |
| April 2009 | -20.4% | £76,030 |
| April 2008 | -3.9% | £95,559 |
| April 2007 | 0% | £99,469 |
The current average rental value in the postcode is £778.
The NR3 1JT Rental Market has increased by 53.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £778pcm |
| April 2025 | 3.1% | £755pcm |
| April 2024 | 7.9% | £732pcm |
| April 2023 | 7% | £679pcm |
| April 2022 | 6.7% | £634pcm |
| April 2021 | 8.8% | £594pcm |
| April 2020 | 3% | £546pcm |
| April 2019 | 1.3% | £530pcm |
| April 2018 | 1.1% | £523pcm |
| April 2017 | 2.3% | £518pcm |
| April 2016 | 2.9% | £506pcm |
| April 2015 | 3% | £492pcm |
| April 2014 | 2.9% | £477pcm |
| April 2013 | 1% | £464pcm |
| April 2012 | 2.2% | £460pcm |
| April 2011 | 2% | £450pcm |
| April 2010 | 2.3% | £441pcm |
| April 2009 | -8.6% | £431pcm |
| April 2008 | -1.7% | £472pcm |
| April 2007 | 0% | £480pcm |
NR3 1JT is the 405th largest and the 38th most expensive postcode out of the 763 postcodes in the NR3 area.
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The closest station to NR3 1JT is Norwich station which is 1.4 kilometres away.
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