Norwich

House Prices in NR5

Properties in NR5 have an average house price of £258,662.00 and had 1087 Property Transactions within the last 3 years.
The most expensive property was sold for £795,000.00.

Property Price Paid in NR5 by Year

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The average sold property price by year was:

Year Average Sold Price Sold Properties
2026 £267,664.00 148 Properties
2025 £254,243.00 341 Properties
2024 £260,405.00 330 Properties
2023 £257,166.00 268 Properties
2022 £265,436.00 352 Properties
2021 £246,874.00 477 Properties
2020 £232,521.00 303 Properties
2019 £230,681.00 399 Properties
2018 £226,079.00 413 Properties
2017 £211,674.00 479 Properties
2016 £204,810.00 454 Properties
2015 £183,501.00 430 Properties
2014 £169,903.00 459 Properties
2013 £157,083.00 416 Properties
2012 £154,869.00 335 Properties
2011 £149,845.00 372 Properties
2010 £150,744.00 309 Properties
2009 £139,563.00 305 Properties
2008 £157,526.00 302 Properties
2007 £164,223.00 557 Properties
2006 £150,720.00 650 Properties
2005 £138,059.00 592 Properties
2004 £132,819.00 510 Properties
2003 £121,093.00 543 Properties
2002 £98,564.00 546 Properties
2001 £77,195.00 530 Properties
2000 £66,134.00 340 Properties
1999 £53,994.00 350 Properties
1998 £49,432.00 279 Properties
1997 £46,669.00 340 Properties
1996 £43,622.00 343 Properties
1995 £45,511.00 234 Properties

Property Price per Property Type in NR5

Here you can find historic sold price data in order to help with your property search.

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The average Property Paid Price for specific property types in the last three years are:

Property Type Average Sold Price Sold Properties
Detached House £329,501.00 337 Detached Houses
Flat £139,766.00 88 Flats
Semi Detached House £250,508.00 361 Semi Detached Houses
Terraced House £223,889.00 301 Terraced Houses

Houses and Flats for sale in NR5, Norwich

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There are 220 results. Property prices in NR5 range from £146k to £978k with an average price of £293k.


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Property market in NR5

Average asking price £293k typical £260k
Most prices £147k – £973k leaving out the extremes
Homes for sale 220 19 more under offer
New to the market 49 in the last 30 days
Typical time to sell 12 weeks last 12 months
Asking prices, year on year no change homes newly listed
Gross rental yield 7.3–10.4% houses 10.4%, flats 7.3%

What's for sale

221 homes · share, count and typical price
Terraced houses 25.8% 57 · £220k
Detached houses 24.0% 53 · £375k
Semi-detached houses 19.9% 44 · £250k
Bungalows 19.5% 43 · £275k
Flats and apartments 7.2% 16 · £150k
Park and mobile homes 1.8% 4 · £375k
Other homes 0.9% 2 · £195k
Land and plots 0.9% 2 · £450k

How many bedrooms

share, count and typical price
1 bedroom 1.4% 3 · £119k
2 bedrooms 22.3% 49 · £230k
3 bedrooms 37.7% 83 · £250k
4 bedrooms 25.5% 56 · £353k
5+ bedrooms 13.2% 29 · £350k

Price bands

221 homes
Under £210k 17.6% 39
£210k – £250k 22.2% 49
£250k – £290k 18.6% 41
£290k – £380k 23.1% 51
£380k and over 18.6% 41

Houses and flats compared

HousesFlats
Share of homes for sale89%7%
Typical asking price£270k£150k
Average bedrooms3.42.0
Typical time to sell12 weeks9 weeks
Gross rental yield10.4%7.3%

Asking prices over time

typical asking price of the homes first listed each quarter · −9.3% since 2024 Q4 Median asking price per quarter in NR5 2024 Q4: £270k (195 new listings) £270k 2024 Q4 2025 Q1: £250k (209 new listings) £250k 2025 Q1 2025 Q2: £260k (220 new listings) £260k 2025 Q2 2025 Q3: £250k (195 new listings) £250k 2025 Q3 2025 Q4: £260k (149 new listings) £260k 2025 Q4 2026 Q1: £250k (226 new listings) £250k 2026 Q1 2026 Q2: £250k (229 new listings) £250k 2026 Q2 2026 Q3: £245k (248 new listings) £245k 2026 Q3

Prices in and around NR5

typical asking price, cheapest first
  1. NR1 £185k
  2. NR3 £210k
  3. NR2 £230k
  4. NR5 £260k
  5. NR6 £280k
  6. NR8 £300k
  7. NR4 £325k

Schools in NR5

8 primary · 1 secondary · 91% rated good or outstanding
  • Ormiston Victory Academy secondary · Outstanding
  • West Earlham Infant and Nursery School primary · Outstanding
  • Clover Hill VA Infant and Nursery School primary · Outstanding
  • Chapel Break Infant School primary · Outstanding
  • St Michael's VA Junior School primary · Good
  • Costessey Primary School primary · Good

Based on 221 homes for sale on Houses now, 809 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Aug 2026 (Crown copyright). Schools: Ofsted. Updated November 2026.


Frequently Asked Questions about NR5


What is the average house price in NR5?

The average home for sale in NR5 is priced at £293,000. A few very expensive homes pull that average up, so a more typical price is £260,000. This is based on the 221 homes for sale on Houses right now.


How much does a 2 or 3 bedroom home cost in NR5?

A typical 2-bedroom home in NR5 costs £230,000 and a 3-bedroom home £250,000. So the extra bedroom adds about £20,000. 1-bedroom homes start at around £119,000, and 4-bedroom homes are about £353,000.


What price range should I expect in NR5?

Most homes in NR5 are priced between £147,000 and £973,000, leaving out the very cheapest and most expensive. One in five costs less than £210,000, and one in five £380,000 or more.


How many homes are for sale in NR5?

There are 220 homes for sale in NR5 on Houses right now, plus 19 already under offer. 49 new listings came onto the market in the last 30 days.


Are house prices going up in NR5?

They are holding steady. Homes put up for sale in NR5 over the last 12 months were advertised at a typical £250,000, about the same as the year before (£250,000). By size, 1-bedroom homes are down 12%, 2-bedroom homes are down 5% and 3-bedroom homes are down 4%.


How long does it take to sell a home in NR5?

Homes usually sell or come off the market within about 12 weeks. About 24% go within the first month, and a quarter take longer than about 5 months. Flats go faster, in about 9 weeks against about 12 weeks for houses.


What rental yield can I get in NR5?

About 10.4% gross for houses and 7.3% for flats. That compares typical rents with what houses and flats actually sold for in NR5 over the last year. Running costs, voids and mortgage interest are not taken off.


What type of homes are for sale in NR5?

Terraced houses are the most common, about a quarter of homes for sale in NR5. Detached houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £150,000, and detached houses the most expensive, at about £375,000.


Where are the cheapest places to buy near NR5?

Of the areas around NR5, NR1 is the cheapest, with a typical asking price of £185,000, followed by NR3 (£210,000) and NR2 (£230,000). NR5 itself is £260,000.


Are homes in NR5 freehold or leasehold?

About 9 in 10 homes for sale in NR5 are freehold and the rest leasehold, which is mostly flats.


What are the schools like in NR5?

There are 8 primary and 1 secondary schools in NR5. 91% of those inspected by Ofsted were rated good or outstanding, and 4 were outstanding.


Which areas are included in the NR5 postcode district?

The main area within NR5 is Norwich.


What has been the average sold property price in NR5 over the last three years?

Semi Detached Houses in NR5 have an average sold price of £250,508, while Detached Houses have an average of £329,501. Terraced Houses have an average of £223,889 and Flats have an average of £139,766. The average sold property price in NR5 over the last three years is approximately £260,771.