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Thorpe Hamlet market report NR1, Norwich
The NR1 (Thorpe Hamlet) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 17,495 sales recorded by HM Land Registry in NR1 (Norwich) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales data to July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the middle 2026 sale in NR1 (Norwich) came in at £220,000, out of 165 registered, up 5% on five years earlier, and the mean stands at £240,100, and by floor area homes here have averaged about £3,130 per square metre over the last five years. The record behind it is 17,495 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
NR1 is a postcode district covering Thorpe Hamlet, Lakenham, (parts of) City Centre in Norwich. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where NR1 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 prices, from the sold record
In the NR1 property market, the 2026 median sale price is £220,000, from 165 registered sales; the mean, the "average house price" most sites quote, is £240,100, sitting modestly above it, the usual shape of a market with an expensive tail.
Price per square metre in NR1
Averaged across five years of sales, floor space in NR1 costs about £3,130 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
Against a national (England and Wales) median of £285,000, NR1 runs 23% below it.
The price of a typical NR1 home, 1995 to 2026
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £220,000 | £220,000 | 165 |
| 2025 | £220,000 | £225,261 | 461 |
| 2024 | £218,000 | £231,779 | 453 |
| 2023 | £210,000 | £230,739 | 447 |
| 2022 | £220,800 | £258,913 | 589 |
| 2021 | £210,000 | £265,887 | 593 |
| 2020 | £195,000 | £253,017 | 410 |
| 2019 | £183,500 | £240,525 | 575 |
| 2018 | £182,000 | £242,609 | 644 |
| 2017 | £190,000 | £259,141 | 607 |
| 2016 | £178,000 | £249,024 | 609 |
| 2015 | £164,000 | £231,732 | 577 |
| 2014 | £160,000 | £226,988 | 625 |
| 2013 | £142,000 | £204,324 | 516 |
| 2012 | £143,000 | £210,478 | 424 |
| 2011 | £141,000 | £212,856 | 435 |
| 2010 | £143,500 | £225,045 | 441 |
| 2009 | £130,000 | £208,976 | 614 |
| 2008 | £155,000 | £254,078 | 464 |
| 2007 | £160,000 | £271,405 | 889 |
| 2006 | £148,000 | £256,909 | 796 |
| 2005 | £134,100 | £238,644 | 580 |
| 2004 | £127,500 | £231,565 | 599 |
| 2003 | £113,000 | £208,173 | 599 |
| 2002 | £98,500 | £185,327 | 642 |
| 2001 | £72,000 | £138,416 | 723 |
| 2000 | £60,000 | £117,750 | 565 |
| 1999 | £53,500 | £106,623 | 648 |
| 1998 | £44,500 | £89,826 | 543 |
| 1997 | £42,000 | £86,134 | 524 |
| 1996 | £40,000 | £84,358 | 412 |
| 1995 | £37,500 | £81,519 | 326 |
In cash terms the typical NR1 home went from £37,500 in 1995 to £220,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 170%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2007. The market now sits about 19% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NR1 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 (+36.8% on the year before); the weakest, 2009 (−16.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | 0.0% | −2.3% |
| 5 years (since 2021) | +0.9% | −3.7% |
| 10 years (since 2016) | +2.1% | −1.2% |
| 20 years (since 2006) | +2.0% | −0.8% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of flats dominate the record here, 43% of the typed total. A detached home currently trades at £310,000 against £161,500 for a flat, 1.9 times the price.
Median by property type, NR1
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £310,000 | 11 | 1,156 |
| Semi-detached | £266,000 | 20 | 2,909 |
| Terraced | £246,200 | 62 | 5,980 |
| Flats | £161,500 | 72 | 7,450 |
Sales activity in NR1
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The monthly pulse, last five years
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
The register shows 353 NR1 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 674 sales a year before the financial crisis and 423 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
How NR1 trades
In its area's price order NR1 comes 31 of 35, towards the cheaper end of the table.
The rental side of NR1
For renting purposes NR1 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.
£1,152 a month is £13,824 a year, which against the £220,000 median sold price makes a gross yield of 6.3%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
What people ask about NR1 (Thorpe Hamlet)
Is NR1 (Thorpe Hamlet) a good place to buy a house?
How much did a house sell for in NR1 (Thorpe Hamlet)?
Are property prices falling in NR1 (Thorpe Hamlet)?
Where do NR1 prices go next?
The record answers a different question than "what happens next": the median is up 5% over five years in cash but down 17% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
NR1's current homes for sale
Everything above is what homes in NR1 sold for. This is what you could actually buy today: 161 homes currently on the market from 10 agents publishing to HomesIndex, at a typical asking price 9% below the NR1 median sold price.
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.
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every NR1 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Moving up a bedroom in NR: the cost
The Land Registry record, split by size: what each kind of home actually sold for across the NR area. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| 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%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
NR1 ranks 18 of 35 in the NR area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Five-year change in the median, NR area districts
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside NR1, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NR1 1 | £170,000 | 51 |
| NR1 2 | £240,200 | 38 |
| NR1 3 | £236,000 | 39 |
| NR1 4 | £232,500 | 37 |
How NR1 compares nearby
Same city, different markets. The dearest districts of the NR area, and NR1 itself, which ranks 31 of 35 by median price:
| District | Median | 5-year |
|---|---|---|
| NR25 | £430,000 | +8% |
| NR22 | £375,000 | +9% |
| NR23 | £370,000 | -13% |
| NR26 | £350,000 | +11% |
| NR4 | £337,500 | +4% |
| NR16 | £336,500 | -2% |
| NR14 | £325,000 | -3% |
| NR24 | £321,000 | +1% |
| NR13 | £318,800 | +1% |
| NR11 | £318,000 | +6% |
| NR9 | £315,000 | +9% |
| NR20 | £314,500 | -1% |
| NR10 | £290,000 | +5% |
| NR18 | £285,000 | +1% |
| NR34 | £285,000 | +3% |
| NR7 | £280,000 | +8% |
| NR8 | £280,000 | +6% |
| NR12 | £280,000 | -7% |
| NR15 | £277,500 | -9% |
| NR21 | £275,000 | +1% |
| NR27 | £275,000 | -6% |
| NR2 | £272,400 | +8% |
| NR6 | £270,000 | +8% |
| NR1 (this report) | £220,000 | +5% |
Before you sell in NR1: what the record supports
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NR1, open the average prices map and zoom from the NR1 shading down to the sold homes on your own street. Every recorded NR1 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim NR1.
Go deeper
Behind the answers sits the same Land Registry record as this page, with NR1 already set as the subject. Free, one click sign in.
The live map plots every individual NR1 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.