You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in NR5

House Prices in NR5

The average house price in NR5 (Norwich) is £308,875 using HM Land Registry data.

The average property price increased by £4,876 (1.83%) over the last 5 years and increased by £975 (0.36%) over the last 12 months.

Over the last year, there were 207 residential property sales – a decrease of 80 transactions (-38.65%) relative to the previous year. The majority of house sales (51) were in the £206,000 - £242,000 range. Then came properties in the £242,000 - £278,000 range, where 40 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,119 (-2%).

In Apr 2026, there were 79 new estate agency instructions, 52 agreed home sales and 70 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) - Apr 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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
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
1 Ottaway Close, Norwich, NR5 0NY	£290,000	£290,000	£0	06 Aug 2025	12 Feb 2026	190 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
45 Lord Nelson Drive, Norwich, NR5 0UF	£270,000	£270,000	£0	08 Aug 2025	23 Jan 2026	168 Days
79 Swafield Street, Norwich, NR5 9EA	£210,000	£200,000	-£10,000	05 Aug 2025	16 Jan 2026	164 Days
13 Clarkson Road, Norwich, NR5 8EE	£240,000	£240,000	£0	25 Sep 2025	16 Jan 2026	113 Days
6 Hawthorn Road, Norwich, NR5 0LT	£425,000	£420,000	-£5,000	22 Aug 2025	15 Jan 2026	146 Days
242 Jex Road, Norwich, NR5 8XJ	£225,000	£218,000	-£7,000	23 Jul 2025	19 Dec 2025	149 Days
35 Fresher Mews, Norwich, NR5 9HF	£220,000	£220,000	£0	30 Apr 2025	16 Dec 2025	230 Days
3 The Runnel, Norwich, NR5 9HG	£310,000	£295,000	-£15,000	02 May 2025	10 Dec 2025	222 Days
12 Smeat Street, Norwich, NR5 9AH	£230,000	£230,000	£0	04 Sep 2025	01 Dec 2025	88 Days
21 Coniston Close, Norwich, NR5 8LU	£150,000	£147,500	-£2,500	06 Jun 2025	24 Nov 2025	171 Days
13a, Hawthorn Road, Norwich, NR5 0LT	£375,000	£365,000	-£10,000	03 Mar 2025	21 Nov 2025	263 Days
62 Jex Road, Norwich, NR5 8XD	£200,000	£195,000	-£5,000	08 May 2025	21 Nov 2025	197 Days
4 Rowan Court, Norwich, NR5 0RT	£171,500	£171,500	£0	02 Jul 2025	20 Nov 2025	141 Days
8 Elm Close, Costessey, NR5 0PR	£200,000	£191,000	-£9,000	19 May 2025	20 Nov 2025	185 Days
71 Olive Road, Norwich, NR5 0AP	£375,000	£375,000	£0	18 Aug 2025	14 Nov 2025	88 Days

Most Expensive Streets in NR5 (Norwich)

Postcode	Street	Area	Average	No. of Sales
NR5 0UD	Bawburgh Lane	Norwich	£533,333	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 0UT	Britannia Way	Norwich	£425,200	5
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	£42,314	7
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