Dereham Road - NR5 8QG
Key Postcode Insights
NR5 8QG is a residential postcode situated on Dereham Road, New Costessey, Norwich, NR5 with 20 addresses.
It ranks as the 329th largest and 470th 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: 19 houses and 1 flat.
- Ave. Sale Price
- £322,926
- 10 Year change
- up 25.5%
- Ave. Rental Price
- £1,328pcm
- 10 Year change
- up 64.4%
- Ave. £ per ft²
- £283/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
NR5 8QG is a residential postcode situated on Dereham Road, New Costessey, Norwich, NR5 with 20 addresses.
It ranks as the 329th largest and 470th 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: 19 houses and 1 flat.
- Ave. Sale Price
- £322,926
- 10 Year change
- up 25.5%
- Ave. Rental Price
- £1,328pcm
- 10 Year change
- up 64.4%
- Ave. £ per ft²
- £283/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin NR5 8QG
- The Loke
Modern Building | 6 Units
- 388 Dereham Road
4 Bed Mid-century House
- 390 Dereham Road
3 Bed Mid-century House
- 392 Dereham Road
4 Bed Mid-century House
- 394 Dereham Road
4 Bed Mid-century House
Sales Market Trends
The last sale in NR5 8QG sold for £315,000 on 2nd March 2026. Since then prices are down an average of 1.3%.
The current average value in the postcode is £322,926.
The NR5 8QG Sales Market has increased by 25.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.2% | £322,926 |
| June 2025 | -1.1% | £330,104 |
| June 2024 | -2.5% | £333,863 |
| June 2023 | -0.6% | £342,398 |
| June 2022 | 11.9% | £344,363 |
| June 2021 | 6.6% | £307,712 |
| June 2020 | 2.2% | £288,776 |
| June 2019 | -0.2% | £282,437 |
| June 2018 | 4.6% | £283,123 |
| June 2017 | 5.2% | £270,662 |
| June 2016 | 5.4% | £257,298 |
| June 2015 | 7.7% | £244,226 |
| June 2014 | 8.2% | £226,667 |
| June 2013 | 3.6% | £209,474 |
| June 2012 | 0.2% | £202,223 |
| June 2011 | -0.8% | £201,908 |
| June 2010 | 9.7% | £203,480 |
| June 2009 | -10.3% | £185,460 |
| June 2008 | -7.7% | £206,832 |
| June 2007 | 0% | £224,041 |
Rental Market Trends
The current average rental value in the postcode is £1,328.
The NR5 8QG Rental Market has increased by 64.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,328pcm |
| June 2025 | 4.3% | £1,283pcm |
| June 2024 | 4.4% | £1,230pcm |
| June 2023 | 6.5% | £1,178pcm |
| June 2022 | 11% | £1,106pcm |
| June 2021 | 11.2% | £997pcm |
| June 2020 | 6.5% | £896pcm |
| June 2019 | 1.8% | £842pcm |
| June 2018 | -0.1% | £827pcm |
| June 2017 | 2.5% | £828pcm |
| June 2016 | 5.1% | £807pcm |
| June 2015 | 4.7% | £768pcm |
| June 2014 | 3% | £734pcm |
| June 2013 | 1.2% | £712pcm |
| June 2012 | 2.9% | £704pcm |
| June 2011 | 2.1% | £684pcm |
| June 2010 | 5.2% | £670pcm |
| June 2009 | -4.2% | £637pcm |
| June 2008 | -1.7% | £666pcm |
| June 2007 | 0% | £677pcm |
Sales History
The last sale was on 2nd March 2026 for £315,000 and since then the market in the area has decreased by 1.3%. The postcode has had a total of 33 sales since 1995.
NR5 8QG has seen 2 sales in the last three years and 2 sales in the last twelve months.
- Sold Mar 2026£315,000 | 4 Bed House392, Dereham Road, Norwich, NR5 8QG392, Dereham Road, Norwich, NR5 8QG
- Sold Sep 2025£555,000 | 5 Bed House3 The Loke, Dereham Road, Norwich, NR5 8QG3 The Loke, Dereham Road, Norwich, NR5 8QG
- Sold Dec 2022£265,000 | 3 Bed House406, Dereham Road, Norwich, NR5 8QG406, Dereham Road, Norwich, NR5 8QG
- Sold Apr 2022£294,500 | 4 Bed House394, Dereham Road, Norwich, NR5 8QG394, Dereham Road, Norwich, NR5 8QG
- Sold Sep 2021£240,000 | 3 Bed House400, Dereham Road, Norwich, NR5 8QG400, Dereham Road, Norwich, NR5 8QG
Nearby Postcodes
NR5 8QG is the 329th largest and the 470th most expensive postcode out of the 607 postcodes in the NR5 area.
- NR5 8QS, Whistlefish Court, Norwich, NR5NR5 8QS18 Addresses|121 m away
- NR5 8QF, Tollhouse Road, Norwich, NR5NR5 8QF49 Addresses|131 m away
- NR5 8QR, Whistlefish Court, Norwich, NR5NR5 8QR85 Addresses|155 m away
- NR5 8QE, Dereham Road, New Costessey, Norwich, NR5NR5 8QE17 Addresses|205 m away
- NR5 8EA, Ranworth Road, Norwich, NR5NR5 8EA15 Addresses|217 m away
Property Types
- 7 modern houses built after 1980
- 9 mid-century houses built between 1936 and 1979
- 3 early-century houses built between 1912 and 1935
- 1 other address of unknown type
- modern house (7)
- mid-century house (9)
- early-century house (3)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (1)
- F (1)
- C (7)
- G (0)
- D (8)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Sep 2024£650,000 | 1 Bed FlatUnit 4, Roundwell Works, Dereham Road, Norwich, NR5 0SQUnit 4, Roundwell Works, Dereham Road, Norwich, NR5 0SQ
- Sold Sep 2025£555,000 | 5 Bed House3 The Loke, Dereham Road, Norwich, NR5 8QG3 The Loke, Dereham Road, Norwich, NR5 8QG
- Sold Jun 2021£506,000 | 5 Bed House644, Dereham Road, Norwich, NR5 0SZ644, Dereham Road, Norwich, NR5 0SZ
Schools Nearby
- Henderson Green Primary Academy100 m away
- Norwich Primary Academy500 m away
- Valley Primary Academy900 m away
- City Academy Norwich1.1 km away
- Hellesdon High School2.6 km away
- Jane Austen College2.7 km away
More reading links
Public Transport Nearby
The closest station to NR5 8QG is Norwich station, which is 3.8 kilometres away.
- Norwich|3.8 km away
- Salhouse|10.2 km away
- Brundall Gardens|11.3 km away
- Wymondham|12.2 km away
