Dereham Road - NR5 8TE
Key Postcode Insights
NR5 8TE is a residential postcode situated on Dereham Road, New Costessey, Norwich, NR5 with 35 addresses.
It ranks as the 482nd largest and 415th most expensive of the 607 postcodes in the NR5 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 35 properties: 35 houses.
- Ave. Sale Price
- £272,743
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £1,291pcm
- 10 Year change
- up 68.6%
- Ave. £ per ft²
- £270/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
NR5 8TE is a residential postcode situated on Dereham Road, New Costessey, Norwich, NR5 with 35 addresses.
It ranks as the 482nd largest and 415th most expensive of the 607 postcodes in the NR5 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 35 properties: 35 houses.
- Ave. Sale Price
- £272,743
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £1,291pcm
- 10 Year change
- up 68.6%
- Ave. £ per ft²
- £270/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin NR5 8TE
- 568 Dereham Road
5 Bed Mid-century House
- 570 Dereham Road
4 Bed Early-century House
- 572 Dereham Road
4 Bed Early-century House
- 574 Dereham Road
4 Bed Early-century House
- 576 Dereham Road
3 Bed Early-century House
Sales Market Trends
The last sale in NR5 8TE sold for £280,000 on 17th September 2025. Since then prices are down an average of 1.1%.
The current average value in the postcode is £272,743.
The NR5 8TE Sales Market has increased by 29.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £272,743 |
| June 2025 | -1% | £278,263 |
| June 2024 | -2.8% | £281,213 |
| June 2023 | -0.8% | £289,324 |
| June 2022 | 13.5% | £291,590 |
| June 2021 | 7.1% | £257,004 |
| June 2020 | 2.2% | £239,944 |
| June 2019 | -0.5% | £234,679 |
| June 2018 | 5.2% | £235,888 |
| June 2017 | 6.1% | £224,298 |
| June 2016 | 5.3% | £211,385 |
| June 2015 | 8.1% | £200,821 |
| June 2014 | 8.6% | £185,799 |
| June 2013 | 3.9% | £171,115 |
| June 2012 | 0.2% | £164,671 |
| June 2011 | -0.5% | £164,372 |
| June 2010 | 10.4% | £165,248 |
| June 2009 | -9.5% | £149,642 |
| June 2008 | -8.2% | £165,309 |
| June 2007 | 0% | £180,088 |
Rental Market Trends
The current average rental value in the postcode is £1,291.
The NR5 8TE Rental Market has increased by 68.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,291pcm |
| June 2025 | 4.7% | £1,245pcm |
| June 2024 | 3.7% | £1,189pcm |
| June 2023 | 6.5% | £1,147pcm |
| June 2022 | 12.3% | £1,077pcm |
| June 2021 | 11.7% | £958pcm |
| June 2020 | 7.3% | £858pcm |
| June 2019 | 1.7% | £799pcm |
| June 2018 | 0% | £786pcm |
| June 2017 | 2.6% | £786pcm |
| June 2016 | 5.8% | £765pcm |
| June 2015 | 5.2% | £724pcm |
| June 2014 | 3% | £688pcm |
| June 2013 | 1.5% | £667pcm |
| June 2012 | 2.9% | £658pcm |
| June 2011 | 2.3% | £639pcm |
| June 2010 | 5.5% | £625pcm |
| June 2009 | -3% | £592pcm |
| June 2008 | -1.7% | £610pcm |
| June 2007 | 0% | £621pcm |
Sales History
The last sale was on 17th September 2025 for £280,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 47 sales since 1995.
NR5 8TE has seen 6 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£280,000 | 3 Bed House600, Dereham Road, Norwich, NR5 8TE600, Dereham Road, Norwich, NR5 8TE
- Sold Mar 2025£200,000 | 5 Bed House568, Dereham Road, Norwich, NR5 8TE568, Dereham Road, Norwich, NR5 8TE
- Sold Oct 2024£182,000 | 3 Bed House622, Dereham Road, Norwich, NR5 8TE622, Dereham Road, Norwich, NR5 8TE
- Sold Mar 2024£295,000 | 3 Bed House580, Dereham Road, Norwich, NR5 8TE580, Dereham Road, Norwich, NR5 8TE
- Sold Oct 2023£300,000 | 4 Bed House612, Dereham Road, Norwich, NR5 8TE612, Dereham Road, Norwich, NR5 8TE
Nearby Postcodes
NR5 8TE is the 482nd largest and the 415th most expensive postcode out of the 607 postcodes in the NR5 area.
- NR5 8YY, Jamieson Place, Norwich, NR5NR5 8YY40 Addresses|99 m away
- NR5 8TH, Beecheno Road, Norwich, NR5NR5 8TH36 Addresses|104 m away
- NR5 8TF, Dereham Road, New Costessey, Norwich, NR5NR5 8TF2 Addresses|107 m away
- NR5 8TQ, Beecheno Road, Norwich, NR5NR5 8TQ28 Addresses|112 m away
- NR5 8YZ, Jamieson Place, Norwich, NR5NR5 8YZ34 Addresses|124 m away
Property Types
- 4 mid-century houses built between 1936 and 1979
- 3 houses of an unknown age
- 20 early-century houses built between 1912 and 1935
- 8 other addresses of unknown type
- mid-century house (4)
- house (3)
- early-century house (20)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (5)
- G (1)
- D (14)
- No EPC (11)
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
- Valley Primary Academy300 m away
- Clover Hill VA Infant and Nursery School600 m away
- Norwich Primary Academy600 m away
- City Academy Norwich1.5 km away
- Ormiston Victory Academy2.1 km away
- Hellesdon High School2.6 km away
More reading links
Public Transport Nearby
The closest station to NR5 8TE is Norwich station, which is 4.9 kilometres away.
- Norwich|4.9 km away
- Salhouse|11.1 km away
- Wymondham|11.6 km away
- Brundall Gardens|12.4 km away
