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Thorpe Hamlet market report NR1 1, Norwich
The standing NR1 1 (Thorpe Hamlet) property market report, rebuilt from the full public record every month. This page is built from the public record and nothing else: 5,687 completed sales registered with HM Land Registry in NR1 1 (Norwich) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: a typical NR1 1 (Norwich) home changed hands for £170,000 in 2026 (median of 51 registered sales, down 14% on five years earlier), with the mean at £193,600, and by floor area homes here have averaged about £3,090 per square metre over the last five years. Source: 5,687 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
NR1 1 is a postcode sector: one group of streets inside NR1 (Norwich). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where NR1 1 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
NR1 1 sold prices: where the market stands
Across 51 registered 2026 sales, the typical (median) NR1 1 home went for £170,000. The mean is £193,600, somewhat above it, as happens wherever a market carries an expensive tail.
NR1 1 prices by floor area
Measured by floor area, the last five years of NR1 1 sales average about £3,090 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
Set against the £285,000 England and Wales median, NR1 1 sits 40% below the national market.
A typical NR1 1 home, priced year by year (1995 to 2026)
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £170,000 | £170,000 | 51 |
| 2025 | £176,000 | £180,209 | 147 |
| 2024 | £215,000 | £228,589 | 165 |
| 2023 | £185,000 | £203,270 | 157 |
| 2022 | £180,600 | £211,774 | 194 |
| 2021 | £198,800 | £251,706 | 174 |
| 2020 | £185,000 | £240,041 | 150 |
| 2019 | £175,000 | £229,383 | 191 |
| 2018 | £175,500 | £233,945 | 212 |
| 2017 | £188,200 | £256,686 | 212 |
| 2016 | £159,500 | £223,142 | 224 |
| 2015 | £157,000 | £221,841 | 215 |
| 2014 | £162,200 | £230,109 | 202 |
| 2013 | £130,000 | £187,057 | 197 |
| 2012 | £146,000 | £214,894 | 133 |
| 2011 | £135,000 | £203,798 | 128 |
| 2010 | £137,500 | £215,635 | 115 |
| 2009 | £134,500 | £216,210 | 131 |
| 2008 | £144,700 | £237,194 | 112 |
| 2007 | £165,000 | £279,886 | 327 |
| 2006 | £164,200 | £285,030 | 280 |
| 2005 | £140,000 | £249,144 | 212 |
| 2004 | £144,200 | £261,895 | 198 |
| 2003 | £120,000 | £221,069 | 192 |
| 2002 | £109,000 | £205,083 | 210 |
| 2001 | £72,000 | £138,416 | 244 |
| 2000 | £60,000 | £117,750 | 189 |
| 1999 | £48,500 | £96,658 | 210 |
| 1998 | £43,000 | £86,799 | 171 |
| 1997 | £40,000 | £82,032 | 150 |
| 1996 | £38,400 | £80,984 | 112 |
| 1995 | £37,000 | £80,432 | 82 |
In cash terms the typical NR1 1 home went from £37,000 in 1995 to £170,000 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 111%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2006. The market now sits about 40% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NR1 1 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+51.4% on the year before); the weakest, 2025 (−18.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −3.4% | −5.7% |
| 5 years (since 2021) | −3.1% | −7.5% |
| 10 years (since 2016) | +0.6% | −2.7% |
| 20 years (since 2006) | +0.2% | −2.6% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
The turnover behind the prices
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
Over the last twelve months of data, 51 sales completed in NR1 1. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 232 sales a year before the financial crisis and 143 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What tenants pay around NR1 1
For renting purposes NR1 1 sits in Norwich. The ONS average private rent there is £1,152 a month (May 2026). A one-bed averages £784 a month here and a four-or-more-bed £1,594, so size does most of the work in setting the rent.
Average monthly rent by size, Norwich
ONS Price Index of Private Rents, May 2026.
Set against the £170,000 median sold price, £1,152 a month is £13,824 a year, a gross yield of 8.1%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
The shape of the NR1 1 market
Only 51 sales completed here in the last twelve months of data, which makes NR1 1 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Within NR1, this sector trades 23% below the district median: one of its district's cheaper corners.
Asked and answered: NR1 1 (Thorpe Hamlet)
Is NR1 1 (Thorpe Hamlet) a good place to buy a house?
How much did a house sell for in NR1 1 (Thorpe Hamlet)?
Are property prices falling in NR1 1 (Thorpe Hamlet)?
What happens to NR1 1 prices now?
That question has no honest answer, only evidence. The evidence: the median is down 14% over five years in cash but down 32% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
On the market in NR1 today
Turning to what is actually available: 161 homes on the market right now, from 10 agents publishing to HomesIndex.
These cover the whole NR1 district, not just NR1 1: live asking prices are collected per district.
36% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every NR1 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
Moving up a bedroom in NR: the cost
Real sold prices by size across the NR area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £280,000 | £375,246 (+34%) | £545,000 (+45%) | £750,000 (+38%) |
| Semi-detached | £210,000 | £245,000 (+17%) | £289,950 (+18%) | £375,000 (+29%) | £515,000 (+37%) |
| Terraced | £185,000 | £215,000 (+16%) | £245,000 (+14%) | £335,000 (+37%) | £423,750 (+26%) |
| Flat | £140,000 | £182,500 (+30%) | £280,000 (+53%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the NR area is the point: the same five years treated these districts very differently.
Winners and losers across the NR area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in NR1
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of NR1, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NR1 2 | £240,200 | 38 |
| NR1 3 | £236,000 | 39 |
| NR1 4 | £232,500 | 37 |
Zoom out to the full NR1 district report for the type split, monthly volumes and how NR1 compares with its neighbours.
Selling in NR1 1? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NR1 1, open the average prices map and zoom from the NR1 1 shading down to the sold homes on your own street. Every recorded NR1 1 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working NR1 1: the featured spot on this report is free for founding agents, one per district. Claim NR1 1.
Dig further
The AI answers from the same Land Registry data this report is built on, already scoped to NR1 1. Free after a one click sign in.
The live map plots every individual NR1 1 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.