Average asking price
£220k
UK avg £340k
Postcode district in Norwich, part of the NR postcode area
Likely student area · 1.4km from Norwich University of the Arts
NR3 has a gross rental yield of 5.8%, 26% above the UK average, ranking #5 of 30 NR postcode districts by yield.
Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.
| Bedrooms | Avg buy | Avg rent | Yield | Sampled |
|---|---|---|---|---|
| Studio | £92k | £1,138 | — | 2 / 8 |
| 1 | £125k | £658 | 6.3% | 34 / 28 |
| 2 | £210k | £1,098 | 6.3% | 83 / 20 |
| 3 | £220k | £1,322 | 7.2% | 81 / 12 |
| 4 | £295k | £1,708 | 6.9% | 13 / 8 |
| 5+ | £412k | — | — | 8 / 0 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| NR1 | £200k | £1,195 | 7.2% | Compare |
| NR2 | £235k | £1,298 | 6.6% | Compare |
| NR5 | £260k | £1,317 | 6.1% | Compare |
| NR4 | £335k | £1,675 | 6.0% | Compare |
| NR14 | £375k | £1,700 | 5.4% | Compare |
| NR28 | £275k | £1,150 | 5.0% | Compare |
| NR20 | £350k | £1,450 | 5.0% | Compare |
| NR13 | £425k | £1,750 | 4.9% | Compare |
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