Analysis of recent property sales -- official HM Land Registry data
The average house price in NR1 (NR1 1AA) is £198,204, based on 62 transactions recorded by HM Land Registry. The median price is £159,000, giving a price range from £40,000 to £720,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-13 | £100,000 | F | 65.0 m² |
| 2026-01-06 | £150,000 | F | 58.0 m² |
| 2025-12-19 | £40,000 | F | 45.0 m² |
| 2025-12-19 | £215,000 | F | 67.0 m² |
| 2025-12-19 | £212,000 | T | 65.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: NR1
NR1 saw 62 residential sales complete over the twelve-month window, a busy level of activity that makes the local price benchmarks more reliable than in thinner markets. Individual sales ranged from £40k to £720k, which is a normal spread for a postcode of this size.
The local market is dominated by flats, which made up 71% of all sales in the sample, while terraced houses accounted for 19%. A flats-heavy composition like this usually points to a city-centre or regeneration postcode where high-density apartment blocks have replaced or supplemented older stock.
Liquidity in NR1 1AA is healthy: the high sale count makes it easier to benchmark a specific property against genuinely recent comparables rather than extrapolating from older deals. On the rental side, the estimated gross yield on a median-priced property here is around 13.6%, based on ONS regional rents.