Grove Avenue - NR5 0HW
Key Postcode Insights
NR5 0HW is a residential postcode situated on Grove Avenue, New Costessey, Norwich, NR5 with 23 addresses.
It ranks as the 367th largest and 565th 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 23 properties: 23 houses.
- Ave. Sale Price
- £345,458
- 10 Year change
- up 29.3%
- Ave. Rental Price
- £1,315pcm
- 10 Year change
- up 68.8%
- Ave. £ per ft²
- £292/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
NR5 0HW is a residential postcode situated on Grove Avenue, New Costessey, Norwich, NR5 with 23 addresses.
It ranks as the 367th largest and 565th 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 23 properties: 23 houses.
- Ave. Sale Price
- £345,458
- 10 Year change
- up 29.3%
- Ave. Rental Price
- £1,315pcm
- 10 Year change
- up 68.8%
- Ave. £ per ft²
- £292/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertiesin NR5 0HW
- 32 Grove Avenue
Unknown
- 34 Grove Avenue
4 Bed Mid-century House
- 36 Grove Avenue
3 Bed House
- 38A Grove Avenue
Unknown
- 38B Grove Avenue
3 Bed Mid-century House
Sales Market Trends
The last sale in NR5 0HW sold for £315,000 on 27th July 2022. Since then prices are down an average of 7.6%.
The current average value in the postcode is £345,458.
The NR5 0HW Sales Market has increased by 29.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.2% | £345,458 |
| June 2025 | -1.3% | £353,267 |
| June 2024 | -2.8% | £357,870 |
| June 2023 | -0.4% | £368,242 |
| June 2022 | 13.3% | £369,822 |
| June 2021 | 7.4% | £326,276 |
| June 2020 | 2.5% | £303,803 |
| June 2019 | -0.6% | £296,538 |
| June 2018 | 5.1% | £298,200 |
| June 2017 | 6.2% | £283,840 |
| June 2016 | 5.4% | £267,162 |
| June 2015 | 7.9% | £253,413 |
| June 2014 | 8.5% | £234,835 |
| June 2013 | 3.8% | £216,438 |
| June 2012 | 0% | £208,522 |
| June 2011 | -0.4% | £208,558 |
| June 2010 | 11.6% | £209,335 |
| June 2009 | -8.3% | £187,507 |
| June 2008 | -7.4% | £204,464 |
| June 2007 | 0% | £220,886 |
Rental Market Trends
The current average rental value in the postcode is £1,315.
The NR5 0HW Rental Market has increased by 68.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,315pcm |
| June 2025 | 4.5% | £1,270pcm |
| June 2024 | 3.6% | £1,216pcm |
| June 2023 | 7% | £1,174pcm |
| June 2022 | 12.1% | £1,097pcm |
| June 2021 | 11.9% | £979pcm |
| June 2020 | 7.6% | £875pcm |
| June 2019 | 1.7% | £813pcm |
| June 2018 | -0.1% | £799pcm |
| June 2017 | 2.7% | £800pcm |
| June 2016 | 5.9% | £779pcm |
| June 2015 | 5.1% | £735pcm |
| June 2014 | 2.9% | £699pcm |
| June 2013 | 1.4% | £680pcm |
| June 2012 | 2.7% | £670pcm |
| June 2011 | 2.5% | £653pcm |
| June 2010 | 6.7% | £637pcm |
| June 2009 | -1.8% | £597pcm |
| June 2008 | -0.8% | £608pcm |
| June 2007 | 0% | £612pcm |
Sales History
The last sale was on 27th July 2022 for £315,000 and since then the market in the area has decreased by 7.6%. The postcode has had a total of 29 sales since 1995.
NR5 0HW has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jul 2022£315,000 | 3 Bed House60, Grove Avenue, Norwich, NR5 0HW60, Grove Avenue, Norwich, NR5 0HW
- Sold Jun 2021£540,000 | 5 Bed House56, Grove Avenue, Norwich, NR5 0HW56, Grove Avenue, Norwich, NR5 0HW
- Sold May 2019£280,000 | 3 Bed House40, Grove Avenue, Norwich, NR5 0HW40, Grove Avenue, Norwich, NR5 0HW
- Sold Apr 2019£300,000 | 4 Bed House46, Grove Avenue, Norwich, NR5 0HW46, Grove Avenue, Norwich, NR5 0HW
- Sold May 2018£325,000 | 4 Bed House34, Grove Avenue, Norwich, NR5 0HW34, Grove Avenue, Norwich, NR5 0HW
Nearby Postcodes
NR5 0HW is the 367th largest and the 565th most expensive postcode out of the 607 postcodes in the NR5 area.
- NR5 0JB, Grove Avenue, New Costessey, Norwich, NR5NR5 0JB18 Addresses|56 m away
- NR5 0HL, Gurney Road, New Costessey, Norwich, NR5NR5 0HL38 Addresses|123 m away
- NR5 0NS, George Lowe Close, New Costessey, Norwich, NR5NR5 0NS5 Addresses|145 m away
- NR5 0HP, Highlow Road, Norwich, NR5NR5 0HP34 Addresses|169 m away
- NR5 0HR, Wood View Court, New Costessey, Norwich, NR5NR5 0HR23 Addresses|204 m away
Property Types
- 4 modern houses built after 1980
- 8 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 9 other addresses of unknown type
- modern house (4)
- mid-century house (8)
- house (1)
- early-century house (1)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (2)
- F (0)
- C (1)
- G (0)
- D (10)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Oct 2022£2,385,155 | 3 Bed House95, Grove Avenue, Norwich, NR5 0HZ95, Grove Avenue, Norwich, NR5 0HZ
- Sold Jun 2021£540,000 | 5 Bed House56, Grove Avenue, Norwich, NR5 0HW56, Grove Avenue, Norwich, NR5 0HW
- Sold Jan 2025£537,500 | 5 Bed House93, Grove Avenue, Norwich, NR5 0HZ93, Grove Avenue, Norwich, NR5 0HZ
Schools Nearby
- Costessey Primary School300 m away
- Clover Hill VA Infant and Nursery School800 m away
- St Michael's VA Junior School1.0 km away
- Ormiston Victory Academy1.0 km away
- Hellesdon High School2.6 km away
- City Academy Norwich2.6 km away
More reading links
Public Transport Nearby
The closest station to NR5 0HW is Norwich station, which is 5.9 kilometres away.
- Norwich|5.9 km away
- Wymondham|11.7 km away
- Salhouse|11.7 km away
- Brundall Gardens|13.3 km away
