NR3 2QP is a residential postcode situated on Gresham Road, Norwich, NR3 with 61 addresses.
It ranks as the 734th largest and 313th most expensive of the 763 postcodes in the NR3 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 61 properties: 54 houses and 7 flats.
NR3 2QP is a residential postcode situated on Gresham Road, Norwich, NR3 with 61 addresses.
It ranks as the 734th largest and 313th most expensive of the 763 postcodes in the NR3 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 61 properties: 54 houses and 7 flats.
Sale prices range from £108,851 for 1 bedroom Leasehold flats (402 ft2) to £228,123 for 3 bedroom freehold houses with a garden (1,011 ft2) .
Monthly rental prices range from £747 pcm for 1 bed flats to £1,166 pcm for 3 bed houses.
The gross rental yield is between 6.0% and 8.2%.
The average value per square foot is £251.
The last sale in NR3 2QP sold for £200,000 on 26th July 2023. Since then prices are down an average of 1.9%.
The current average value in the postcode is £190,044.
The NR3 2QP Sales Market has increased by 22.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.6% | £190,044 |
| April 2025 | -0.4% | £191,276 |
| April 2024 | -1.2% | £192,005 |
| April 2023 | 1.7% | £194,363 |
| April 2022 | 7.4% | £191,106 |
| April 2021 | 4.5% | £177,876 |
| April 2020 | 2.3% | £170,206 |
| April 2019 | 1.3% | £166,355 |
| April 2018 | 3.2% | £164,296 |
| April 2017 | 2.1% | £159,133 |
| April 2016 | 6.2% | £155,802 |
| April 2015 | 5.2% | £146,683 |
| April 2014 | 8.8% | £139,391 |
| April 2013 | 3% | £128,064 |
| April 2012 | 0.6% | £124,390 |
| April 2011 | -2.9% | £123,627 |
| April 2010 | 7.5% | £127,327 |
| April 2009 | -18.7% | £118,406 |
| April 2008 | -3.9% | £145,723 |
| April 2007 | 0% | £151,689 |
The current average rental value in the postcode is £1,067.
The NR3 2QP Rental Market has increased by 53.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £1,067pcm |
| April 2025 | 3.6% | £1,034pcm |
| April 2024 | 7.5% | £998pcm |
| April 2023 | 6.8% | £927pcm |
| April 2022 | 6.8% | £868pcm |
| April 2021 | 8.8% | £813pcm |
| April 2020 | 3% | £747pcm |
| April 2019 | 1.3% | £726pcm |
| April 2018 | 0.5% | £717pcm |
| April 2017 | 2.4% | £713pcm |
| April 2016 | 3% | £696pcm |
| April 2015 | 2.7% | £676pcm |
| April 2014 | 2.8% | £658pcm |
| April 2013 | 0.8% | £640pcm |
| April 2012 | 1.7% | £635pcm |
| April 2011 | 2.1% | £624pcm |
| April 2010 | 2.2% | £611pcm |
| April 2009 | -8.5% | £598pcm |
| April 2008 | -1% | £654pcm |
| April 2007 | 0% | £661pcm |
The last sale was on 26th July 2023 for £200,000 and since then the market in the area has decreased by 1.9%. The postcode has had a total of 30 sales since 1995.
NR3 2QP has seen 1 sale in the last three years and no sales in the last twelve months.
NR3 2QP is the 734th largest and the 313th most expensive postcode out of the 763 postcodes in the NR3 area.
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The closest station to NR3 2QP is Norwich station which is 3.3 kilometres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NR3 2QP, 62.3% of property is socially rented and 17.1% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NR3 2QP, 26.8% of residents are recorded as possessing school level qualifications and 16.2% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NR3 2QP, the average age was 36.4 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NR3 2QP, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NR3 2QP, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.