NR1 3RQ is a residential postcode located on Grove Road, Norwich, NR1. It is the 750th largest postcode in the NR1 area.
It contains 47 residential addresses consisting of 18 houses, 21 flats and 8 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £260,649. Sales values have increased in the last 12 months by 0.6% and Rental values have increased by 1.2%.
Property sale values range from £147,876 for a leasehold flat, with 2 bedrooms split across 592 square feet of gross internal area and has no outside space to £412,061 for a freehold house, with 5 bedrooms split across 1,905 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NR1 3RQ is £295/ft2.
Properties achieve a rental yield of between 5% and 7.5%, and rental values range from £905 to £1,747 per month.
The last sale was 12 Jan 2024 for £180,000 and since then the market in the area has increased by 3.7%. The postcode has had a total of 4 sales since 1995.
NR1 3RQ has seen 4 sales in the last three years and 3 sales in the last twelve months.
NR1 3RQ is the 750th largest and the 629th most expensive postcode out of the 839 postcodes in the NR1 area.
NR1 3RQ is the 750th largest and the 629th most expensive postcode out of the 839 postcodes in the NR1 area.
NR1 3RQ is a residential postcode located on Grove Road, Norwich, NR1 with 18 houses, 21 flats and 8 unknown within its bounds.
The most common property type in NR1 3RQ is a mid-century flat built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to NR1 3RQ is Norwich station which is 1.4 kilometres away.
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 NR1 3RQ, 51.2% of property is privately rented and 25.2% is privately owned outright.
The graph below shows how this compares to Greater London 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 NR1 3RQ, 12.9% of residents are recorded as possessing school level qualifications and 66.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around NR1 3RQ, the average age was 41 and the most common age was 22.
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 NR1 3RQ, 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 NR1 3RQ, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.