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House Prices in NR5

The average house price in NR5 (Norwich) is £295,111 using HM Land Registry data.

The average property price increased by £1,953 (1.83%) over the last 5 years and increased by £390 (0.36%) over the last 12 months.

Over the last year, there were 219 residential property sales – a decrease of 46 transactions (-21.00%) relative to the previous year. The majority of house sales (55) were in the £212,000 - £254,000 range. Then came properties in the £254,000 - £296,000 range, where 42 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 99 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,214 (-3%).

In Aug 2026, there were 59 new estate agency instructions, 48 agreed home sales and 62 property price reductions.

5-Year Average Property Prices in NR5 (Norwich)

1.83%

Property prices in NR5 (Norwich) increased by 1.83% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NR5 (Norwich) Over the Last Year

0.36%

Property prices in NR5 (Norwich) increased by 0.36% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for NR5 (Norwich) - Aug 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NR5 (Norwich)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NR5 (Norwich)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NR5 (Norwich)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NR5 (Norwich) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NR5 postcode area since 1995.

Recent Sales in NR5 (Norwich)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
18 Poppyfields, Norwich, NR5 9FB	£370,000	£345,000	-£25,000	17 Feb 2026	23 Jul 2026	156 Days
58 Middleton Crescent, Norwich, NR5 0PX	£190,000	£187,500	-£2,500	11 Feb 2026	20 Jul 2026	159 Days
14 Gunton Lane, Norwich, NR5 0AE	£215,000	£210,000	-£5,000	16 Dec 2025	20 Jul 2026	216 Days
20 Upper Stafford Avenue, Norwich, NR5 0AB	£435,000	£425,000	-£10,000	15 May 2026	16 Jul 2026	62 Days
9 Mill Croft Close, Norwich, NR5 0ST	£275,000	£260,000	-£15,000	05 Jan 2026	10 Jul 2026	186 Days
44 Stafford Avenue, Norwich, NR5 0QE	£315,000	£302,500	-£12,500	17 Feb 2026	10 Jul 2026	143 Days
31 Lushington Close, Norwich, NR5 9AU	£220,000	£215,000	-£5,000	25 Feb 2026	02 Jul 2026	127 Days
44 Longdell Hills, Norwich, NR5 0PB	£335,000	£317,500	-£17,500	19 Aug 2025	26 Jun 2026	311 Days
4 Fowell Close, Norwich, NR5 8NL	£240,000	£238,000	-£2,000	02 Jul 2025	26 Jun 2026	359 Days
604 Dereham Road, Norwich, NR5 8TE	£400,000	£400,000	£0	21 Oct 2025	23 Jun 2026	245 Days
32 Leewood Crescent, Norwich, NR5 0DA	£290,000	£290,000	£0	06 Jan 2026	23 Jun 2026	168 Days
304 Dereham Road, Norwich, NR5 0SJ	£240,000	£232,000	-£8,000	19 Jul 2025	17 Jun 2026	333 Days
27 Bates Green, Norwich, NR5 8YN	£210,000	£210,000	£0	24 Sep 2025	15 Jun 2026	264 Days
2 Oval Road, Norwich, NR5 0DE	£230,000	£225,000	-£5,000	26 Aug 2025	08 Jun 2026	286 Days
1a, Oval Road, Norwich, NR5 0DE	£275,000	£270,000	-£5,000	14 Oct 2025	08 Jun 2026	237 Days
6 Longdell Hills, Norwich, NR5 0PB	£280,000	£275,000	-£5,000	17 Sep 2025	03 Jun 2026	259 Days
3 Apsley Court, Norwich, NR5 8BD	£140,000	£140,000	£0	07 Jan 2026	01 Jun 2026	145 Days
14 The Hedgerows, Norwich, NR5 9BP	£375,000	£360,000	-£15,000	10 Nov 2025	29 May 2026	200 Days
11 Old School Close, Norwich, NR5 8BU	£230,000	£225,000	-£5,000	03 Mar 2026	01 May 2026	59 Days
14 Earlham Grove, Norwich, NR5 8EN	£260,000	£246,000	-£14,000	16 Jul 2025	01 May 2026	289 Days

Most Expensive Streets in NR5 (Norwich)

Postcode	Street	Area	Average	No. of Sales
NR5 0UD	Bawburgh Lane	Norwich	£533,333	3
NR5 0EN	Norwich Road	Norwich	£513,333	3
NR5 0NG	Hill Road	Norwich	£480,000	3
NR5 0TE	Longwater Lane	Norwich	£438,333	3
NR5 0TR	Bawburgh Lane	Norwich	£430,000	3
NR5 8AX	Gipsy Lane	Norwich	£426,250	4
NR5 0WP	Hyperion Row	Norwich	£423,756	8
NR5 0WJ	Athena Avenue, Costessey	Norwich	£411,062	8
NR5 0WN	Enterprise Gardens	Norwich	£409,000	10
NR5 0WF	Andromeda Close, Costessey	Norwich	£402,500	4

Least Expensive Streets in NR5 (Norwich)

Postcode	Street	Area	Average	No. of Sales
NR5 8UA	Picturehouse Court, Dereham Road	Norwich	£42,700	6
NR5 0RT	Rowan Court	Norwich	£122,714	7
NR5 8QB	Dell Crescent	Norwich	£129,500	4
NR5 8YD	Knowland Grove	Norwich	£136,666	3
NR5 8PR	Briar Court	Norwich	£143,400	5
NR5 8BD	Apsley Court	Norwich	£148,500	5
NR5 8NQ	Wilberforce Road	Norwich	£151,000	3
NR5 0PL	Chestnut Close	Norwich	£160,500	3
NR5 8NX	Bevan Close	Norwich	£163,100	5
NR5 0DW	Woodhill Rise	Norwich	£165,000	3