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Thorpe Hamlet market report NR1 4, Norwich
The standing NR1 4 (Thorpe Hamlet) property market report, rebuilt from the full public record every month. The raw material for this page is 4,044 HM Land Registry entries for NR1 4 (Norwich), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the middle 2026 sale in NR1 4 (Norwich) came in at £232,500, out of 37 registered, up 13% on five years earlier, and the mean stands at £251,900, and by floor area homes here have averaged about £3,190 per square metre over the last five years. The record behind it is 4,044 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
NR1 4 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 4 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.
Today's NR1 4 prices, from the sold record
The NR1 4 median stands at £232,500 for 2026, built from 37 registered sales; the mean, the figure usually quoted as the "average house price", is £251,900, modestly above it, the usual shape of a market with an expensive tail.
Price per square metre in NR1 4
A square metre of NR1 4 home has cost about £3,190 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
The national median for England and Wales is £285,000, which puts NR1 4 18% below the country at large.
The price of a typical NR1 4 home, 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 | £232,500 | £232,500 | 37 |
| 2025 | £245,000 | £250,859 | 116 |
| 2024 | £252,500 | £268,459 | 100 |
| 2023 | £236,400 | £259,746 | 98 |
| 2022 | £240,000 | £281,427 | 121 |
| 2021 | £205,000 | £259,556 | 144 |
| 2020 | £200,000 | £259,504 | 101 |
| 2019 | £190,000 | £249,045 | 105 |
| 2018 | £200,000 | £266,604 | 102 |
| 2017 | £185,000 | £252,321 | 132 |
| 2016 | £182,000 | £254,620 | 118 |
| 2015 | £159,500 | £225,374 | 104 |
| 2014 | £156,000 | £221,313 | 129 |
| 2013 | £143,800 | £206,914 | 112 |
| 2012 | £134,200 | £197,526 | 96 |
| 2011 | £139,000 | £209,837 | 91 |
| 2010 | £140,000 | £219,556 | 109 |
| 2009 | £130,000 | £208,976 | 89 |
| 2008 | £145,500 | £238,505 | 74 |
| 2007 | £152,000 | £257,834 | 159 |
| 2006 | £140,000 | £243,022 | 216 |
| 2005 | £127,000 | £226,009 | 133 |
| 2004 | £123,500 | £224,300 | 163 |
| 2003 | £107,500 | £198,041 | 161 |
| 2002 | £93,800 | £176,484 | 170 |
| 2001 | £71,000 | £136,494 | 193 |
| 2000 | £60,000 | £117,750 | 160 |
| 1999 | £53,500 | £106,623 | 186 |
| 1998 | £45,000 | £90,836 | 160 |
| 1997 | £42,000 | £86,134 | 154 |
| 1996 | £41,400 | £87,311 | 124 |
| 1995 | £38,000 | £82,606 | 87 |
In cash terms the typical NR1 4 home went from £38,000 in 1995 to £232,500 in 2026, roughly 6 times the price. Inflation explains only part of it: in today's money the rise is still about 181%, a genuine increase in what a home here costs. The real-terms peak came in 2022, and today's median remains roughly 17% under it: a 2022 buyer is still waiting to get that price back in today's money.
Year-on-year change in the NR1 4 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 (+32.1% on the year before); the weakest, 2009 (−10.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What NR1 4 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −5.1% | −7.3% |
| 5 years (since 2021) | +2.5% | −2.2% |
| 10 years (since 2016) | +2.5% | −0.9% |
| 20 years (since 2006) | +2.6% | −0.2% |
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.
Sales activity in NR1 4
How many homes change hands
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
Over the last twelve months of data, 37 sales completed in NR1 4. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 169 sales a year before the financial crisis and 94 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
Reading the NR1 4 market
Only 37 sales completed here in the last twelve months of data, which makes NR1 4 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint.
What tenants pay around NR1 4
NR1 4 falls under Norwich, where the ONS puts the average private rent at £1,152 a month (May 2026 figures). The spread runs from £784 a month for a typical one-bed to £1,594 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Norwich
ONS Price Index of Private Rents, May 2026.
Against the £232,500 median purchase price, a rent of £1,152 a month (£13,824 a year) works out at a 5.9% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
What people ask about NR1 4 (Thorpe Hamlet)
Is NR1 4 (Thorpe Hamlet) a good place to buy a house?
How much did a house sell for in NR1 4 (Thorpe Hamlet)?
Are property prices falling in NR1 4 (Thorpe Hamlet)?
Where do NR1 4 prices go next?
That question has no honest answer, only evidence. The evidence: the median is up 13% over five years in cash but down 10% 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.
NR1's current homes for sale
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 4: live asking prices are collected per district.
36% of current listings sit under the prices comparable homes actually fetched. The comparison behind each listing uses recent recorded sales of similar homes close by.
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
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. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the NR area is the point: the same five years treated these districts very differently.
Five-year change in the median, NR area districts
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in NR1
A few minutes' walk can separate two very different markets. Here are NR1's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NR1 1 | £170,000 | 51 |
| NR1 2 | £240,200 | 38 |
| NR1 3 | £236,000 | 39 |
Zoom out to the full NR1 district report for the type split, monthly volumes and how NR1 compares with its neighbours.
Thinking of selling in NR1 4? Get a rough value first
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in NR1 4, use the average prices map for a rough value: zoom from NR1 4's shading down to the sold homes on your own street. The figures above are every recorded NR1 4 sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim NR1 4.
Keep digging
Behind the answers sits the same Land Registry record as this page, with NR1 4 already set as the subject. Free, one click sign in.
The live map plots every individual NR1 4 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.