Friends Road - NR5 8HW
Key Postcode Insights
NR5 8HW is a residential postcode situated on Friends Road, Norwich, NR5 with 22 addresses.
It ranks as the 357th largest and 313th 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 22 properties: 14 houses and 8 other properties.
- Ave. Sale Price
- £232,646
- 10 Year change
- up 27.2%
- Ave. Rental Price
- £1,063pcm
- 10 Year change
- up 67.9%
- Ave. £ per ft²
- £304/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
NR5 8HW is a residential postcode situated on Friends Road, Norwich, NR5 with 22 addresses.
It ranks as the 357th largest and 313th 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 22 properties: 14 houses and 8 other properties.
- Ave. Sale Price
- £232,646
- 10 Year change
- up 27.2%
- Ave. Rental Price
- £1,063pcm
- 10 Year change
- up 67.9%
- Ave. £ per ft²
- £304/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Properties in NR5 8HW
- 50 Friends Road
House
- 52 Friends Road
House
- 54 Friends Road
House
- 56 Friends Road
House
- 57 Friends Road
2 Bed Mid-century House
Sales Market Trends
The last sale in NR5 8HW sold for £115,000 on 28th March 2024. Since then prices are down an average of 2.2%.
The current average value in the postcode is £232,646.
The NR5 8HW Sales Market has increased by 27.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £232,646 |
| June 2025 | -0.8% | £237,425 |
| June 2024 | -3.3% | £239,271 |
| June 2023 | 0.6% | £247,329 |
| June 2022 | 11.2% | £245,884 |
| June 2021 | 7% | £221,182 |
| June 2020 | 2.7% | £206,758 |
| June 2019 | 0.1% | £201,372 |
| June 2018 | 4.6% | £201,104 |
| June 2017 | 5.1% | £192,202 |
| June 2016 | 6.6% | £182,875 |
| June 2015 | 7.6% | £171,481 |
| June 2014 | 7.8% | £159,362 |
| June 2013 | 3.7% | £147,785 |
| June 2012 | 0.4% | £142,543 |
| June 2011 | -0.8% | £142,030 |
| June 2010 | 11.4% | £143,156 |
| June 2009 | -8.8% | £128,526 |
| June 2008 | -6.6% | £140,982 |
| June 2007 | 0% | £150,932 |
Rental Market Trends
The current average rental value in the postcode is £1,063.
The NR5 8HW Rental Market has increased by 67.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £1,063pcm |
| June 2025 | 4.4% | £1,026pcm |
| June 2024 | 4.2% | £983pcm |
| June 2023 | 7.1% | £943pcm |
| June 2022 | 10.8% | £880pcm |
| June 2021 | 11.8% | £795pcm |
| June 2020 | 6.3% | £711pcm |
| June 2019 | 2% | £668pcm |
| June 2018 | 0.3% | £655pcm |
| June 2017 | 3.2% | £653pcm |
| June 2016 | 5.6% | £633pcm |
| June 2015 | 4.3% | £599pcm |
| June 2014 | 3.3% | £574pcm |
| June 2013 | 1.2% | £556pcm |
| June 2012 | 3.4% | £549pcm |
| June 2011 | 1.8% | £531pcm |
| June 2010 | 7.2% | £522pcm |
| June 2009 | -3.2% | £487pcm |
| June 2008 | -1.7% | £503pcm |
| June 2007 | 0% | £512pcm |
Sales History
The last recorded sale was on 28th March 2024 for £115,000 and since then the market in the area has decreased by 2.2%.
NR5 8HW has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Mar 2024£115,000 | 3 Bed House63A, Friends Road, Norwich, NR5 8HW63A, Friends Road, Norwich, NR5 8HW
- Sold Jan 2022£240,000 | 3 Bed House63B, Friends Road, Norwich, NR5 8HW63B, Friends Road, Norwich, NR5 8HW
- Sold Nov 2020£243,770 | 4 Bed House58, Friends Road, Norwich, NR5 8HW58, Friends Road, Norwich, NR5 8HW
Nearby Postcodes
NR5 8HW is the 357th largest and the 313th most expensive postcode out of the 607 postcodes in the NR5 area.
- NR5 8HX, Truman Close, Norwich, NR5NR5 8HX12 Addresses|62 m away
- NR5 8HU, Hanbury Close, Norwich, NR5NR5 8HU12 Addresses|67 m away
- NR5 8JF, Rachel Close, Norwich, NR5NR5 8JF12 Addresses|114 m away
- NR5 8JG, Richenda Close, Norwich, NR5NR5 8JG12 Addresses|120 m away
- NR5 8HT, Scarnell Road, Norwich, NR5NR5 8HT32 Addresses|149 m away
Property Types
- 5 modern houses built after 1980
- 9 mid-century houses built between 1936 and 1979
- 8 other addresses of unknown type
- modern house (5)
- mid-century house (9)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (3)
- F (0)
- C (5)
- G (0)
- D (6)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Oct 2024£362,500 | 4 Bed House26, Friends Road, Norwich, NR5 8HN26, Friends Road, Norwich, NR5 8HN
- Sold May 2023£305,000 | 4 Bed House91, Friends Road, Norwich, NR5 8HP91, Friends Road, Norwich, NR5 8HP
- Sold Feb 2023£295,000 | 3 Bed House89, Friends Road, Norwich, NR5 8HP89, Friends Road, Norwich, NR5 8HP
Schools Nearby
- West Earlham Infant and Nursery School400 m away
- West Earlham Junior School400 m away
- Bluebell Primary School800 m away
- City Academy Norwich400 m away
- City of Norwich School, An Ormiston Academy2.9 km away
- Ormiston Victory Academy3.2 km away
More reading links
Public Transport Nearby
The closest station to NR5 8HW is Norwich station, which is 4.4 kilometres away.
- Norwich|4.4 km away
- Wymondham|10.9 km away
- Salhouse|11.4 km away
- Brundall Gardens|12.0 km away