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House Prices in NR5

The average house price in NR5 (Norwich) is £354,000 using HM Land Registry data.

The average property price increased by £4,372 (1.83%) over the last 5 years and increased by £874 (0.36%) over the last 12 months.

Over the last year, there were 204 residential property sales – a decrease of 74 transactions (-36.27%) relative to the previous year. The majority of house sales (50) were in the £206,000 - £242,000 range. Then came properties in the £242,000 - £278,000 range, where 38 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 103 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,329 (-3%).

In Jun 2026, there were 56 new estate agency instructions, 56 agreed home sales and 63 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) - Jun 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
14 Dr Torrens Way, Norwich, NR5 0GB	£150,000	£150,000	£0	09 Oct 2025	27 Mar 2026	169 Days
356 Dereham Road, Norwich, NR5 8QE	£280,000	£260,000	-£20,000	17 Jul 2025	25 Mar 2026	251 Days
2 Humbleyard, Norwich, NR5 9BA	£350,000	£350,000	£0	17 Oct 2025	20 Mar 2026	154 Days
16 The Hedgerows, Norwich, NR5 9BP	£325,000	£320,000	-£5,000	07 Jul 2025	11 Mar 2026	247 Days
22 Lushington Close, Norwich, NR5 9AU	£250,000	£250,000	£0	27 Aug 2025	06 Mar 2026	191 Days
392 Dereham Road, Norwich, NR5 8QG	£325,000	£315,000	-£10,000	05 Nov 2025	02 Mar 2026	117 Days
78 Lord Nelson Drive, Norwich, NR5 0UE	£325,000	£325,000	£0	30 Jul 2025	27 Feb 2026	212 Days
50 Jex Road, Norwich, NR5 8XD	£225,000	£220,000	-£5,000	14 Aug 2025	25 Feb 2026	195 Days
32 Lord Nelson Drive, Norwich, NR5 0UE	£240,000	£240,000	£0	28 Aug 2025	23 Feb 2026	179 Days
6 Apollo Crescent, Norwich, NR5 0WG	£300,000	£300,000	£0	23 Jul 2025	20 Feb 2026	212 Days
19 Mardle Street, Norwich, NR5 9HU	£300,000	£300,000	£0	18 Jul 2025	20 Feb 2026	217 Days
23 Braithwait Close, Norwich, NR5 9EJ	£200,000	£195,000	-£5,000	03 Oct 2025	18 Feb 2026	138 Days
13 Woodlands Road, Norwich, NR5 0NA	£450,000	£437,500	-£12,500	26 Mar 2025	13 Feb 2026	324 Days
51 Ashtree Road, Costessey, NR5 0LR	£385,000	£338,500	-£46,500	10 Nov 2025	13 Feb 2026	95 Days
1 Ottaway Close, Norwich, NR5 0NY	£290,000	£290,000	£0	06 Aug 2025	12 Feb 2026	190 Days
11 Whistlefish Court, Norwich, NR5 8QR	£280,000	£276,500	-£3,500	13 Jun 2025	06 Feb 2026	238 Days
13 Tollhouse Road, Norwich, NR5 8QF	£270,000	£262,600	-£7,400	04 Sep 2025	02 Feb 2026	151 Days
18 Minotaur Way, Norwich, NR5 0UZ	£290,000	£285,000	-£5,000	22 Jul 2025	30 Jan 2026	192 Days
5 Bateman Close, Harpsfield, Norwich, NR5 9LE	£210,000	£202,500	-£7,500	18 Apr 2025	30 Jan 2026	287 Days
9 Webster Close, Norwich, NR5 9DF	£230,000	£227,500	-£2,500	25 Sep 2025	30 Jan 2026	127 Days

Most Expensive Streets in NR5 (Norwich)

Postcode	Street	Area	Average	No. of Sales
NR5 0UD	Bawburgh Lane	Norwich	£533,333	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 0HL	Gurney Road	Norwich	£411,583	6
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	£132,750	4
NR5 8PR	Briar Court	Norwich	£143,400	5
NR5 8BD	Apsley Court	Norwich	£150,625	4
NR5 0PL	Chestnut Close	Norwich	£160,500	3
NR5 8NX	Bevan Close	Norwich	£163,100	5
NR5 0DW	Woodhill Rise	Norwich	£165,000	3
NR5 8XE	Jex Avenue	Norwich	£172,068	6