Olive Road - NR5 0AW
Key Postcode Insights
NR5 0AW is a residential postcode situated on Olive Road, Norwich, NR5 with 20 addresses.
It ranks as the 316th largest and 406th most expensive of the 607 postcodes in the NR5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 20 properties: 15 houses and 5 flats.
- Ave. Sale Price
- £262,850
- 10 Year change
- up 23.6%
- Ave. Rental Price
- £1,108pcm
- 10 Year change
- up 61.4%
- Ave. £ per ft²
- £279/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
NR5 0AW is a residential postcode situated on Olive Road, Norwich, NR5 with 20 addresses.
It ranks as the 316th largest and 406th most expensive of the 607 postcodes in the NR5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 20 properties: 15 houses and 5 flats.
- Ave. Sale Price
- £262,850
- 10 Year change
- up 23.6%
- Ave. Rental Price
- £1,108pcm
- 10 Year change
- up 61.4%
- Ave. £ per ft²
- £279/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin NR5 0AW
- 88 Olive Road
House
- 90 Olive Road
House
- 91 Olive Road
5 Bed Mid-century House
- 92 Olive Road
3 Bed Mid-century House
- 93 Olive Road
Building  |  3 Flats
Sales Market Trends
The last sale in NR5 0AW sold for £120,000 on 19th June 2024. Since then prices are up an average of 3.3%.
The current average value in the postcode is £262,850.
The NR5 0AW Sales Market has increased by 23.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.3% | £262,850 |
| June 2025 | -1.8% | £268,940 |
| June 2024 | -2.4% | £273,940 |
| June 2023 | -0.7% | £280,643 |
| June 2022 | 12% | £282,699 |
| June 2021 | 6.4% | £252,310 |
| June 2020 | 2.3% | £237,155 |
| June 2019 | -0.6% | £231,916 |
| June 2018 | 4.5% | £233,316 |
| June 2017 | 5.1% | £223,344 |
| June 2016 | 5% | £212,581 |
| June 2015 | 7.6% | £202,473 |
| June 2014 | 8.4% | £188,148 |
| June 2013 | 3.4% | £173,606 |
| June 2012 | -0.5% | £167,957 |
| June 2011 | -0.8% | £168,765 |
| June 2010 | 9.6% | £170,175 |
| June 2009 | -10.1% | £155,276 |
| June 2008 | -7.9% | £172,736 |
| June 2007 | 0% | £187,623 |
Rental Market Trends
The current average rental value in the postcode is £1,108.
The NR5 0AW Rental Market has increased by 61.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,108pcm |
| June 2025 | 3.8% | £1,071pcm |
| June 2024 | 4.2% | £1,032pcm |
| June 2023 | 6.6% | £991pcm |
| June 2022 | 10.9% | £930pcm |
| June 2021 | 10.8% | £838pcm |
| June 2020 | 7.1% | £756pcm |
| June 2019 | 1.6% | £706pcm |
| June 2018 | -0.6% | £695pcm |
| June 2017 | 1.8% | £699pcm |
| June 2016 | 5.3% | £687pcm |
| June 2015 | 4.8% | £652pcm |
| June 2014 | 2.8% | £622pcm |
| June 2013 | 1% | £605pcm |
| June 2012 | 2.1% | £599pcm |
| June 2011 | 2.1% | £587pcm |
| June 2010 | 4.8% | £574pcm |
| June 2009 | -3.8% | £548pcm |
| June 2008 | -1.4% | £570pcm |
| June 2007 | 0% | £578pcm |
Sales History
The last sale was on 19th June 2024 for £120,000 and since then the market in the area has increased by 3.3%. The postcode has had a total of 18 sales since 1995.
NR5 0AW has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2024£120,000 | 2 Bed Flat95, Olive Road, Norwich, NR5 0AW95, Olive Road, Norwich, NR5 0AW
- Sold Oct 2021£100,000 | 2 Bed Flat95, Olive Road, Norwich, NR5 0AW95, Olive Road, Norwich, NR5 0AW
- Sold Jul 2021£282,000 | 3 Bed House102, Olive Road, Norwich, NR5 0AW102, Olive Road, Norwich, NR5 0AW
- Sold Jan 2019£337,000 | 5 Bed House107, Olive Road, Norwich, NR5 0AW107, Olive Road, Norwich, NR5 0AW
- Sold Dec 2017£85,000 | 2 Bed Flat93A, Olive Road, Norwich, NR5 0AW93A, Olive Road, Norwich, NR5 0AW
Nearby Postcodes
NR5 0AW is the 316th largest and the 406th most expensive postcode out of the 607 postcodes in the NR5 area.
- NR5 0DQ, Oval Road, Norwich, NR5NR5 0DQ20 Addresses|106 m away
- NR5 0AN, Olive Road, Norwich, NR5NR5 0AN7 Addresses|113 m away
- NR5 0DG, Oval Road, Norwich, NR5NR5 0DG25 Addresses|158 m away
- NR5 0BD, Valley Road, Norwich, NR5NR5 0BD30 Addresses|170 m away
- NR5 0BE, Linden Road, Norwich, NR5NR5 0BE18 Addresses|171 m away
Property Types
- 1 modern house built after 1980
- 6 mid-century houses built between 1936 and 1979
- 13 other addresses of unknown type
- modern house (1)
- mid-century house (6)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (1)
- G (0)
- D (9)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Oct 2021£390,000 | 4 Bed House50, Olive Road, Norwich, NR5 0AS50, Olive Road, Norwich, NR5 0AS
- Sold Nov 2025£375,000 | 3 Bed House71, Olive Road, Norwich, NR5 0AP71, Olive Road, Norwich, NR5 0AP
- Sold Sep 2021£350,000 | 4 Bed House113, Olive Road, Norwich, NR5 0AN113, Olive Road, Norwich, NR5 0AN
Schools Nearby
- Valley Primary Academy600 m away
- Norwich Primary Academy1.1 km away
- Clover Hill VA Infant and Nursery School1.1 km away
- Hellesdon High School1.8 km away
- Ormiston Victory Academy2.0 km away
- City Academy Norwich2.2 km away
More reading links
Public Transport Nearby
The closest station to NR5 0AW is Norwich station, which is 4.9 kilometres away.
- Norwich|4.9 km away
- Salhouse|10.6 km away
- Brundall Gardens|12.3 km away
- Wymondham|12.4 km away