Dereham Road - NR5 8TU
Key Postcode Insights
NR5 8TU is a residential postcode situated on Dereham Road, New Costessey, Norwich, NR5 with 32 addresses.
It ranks as the 453rd largest and 432nd 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 32 properties: 32 houses.
- Ave. Sale Price
- £274,217
- 10 Year change
- up 28.2%
- Ave. Rental Price
- £1,187pcm
- 10 Year change
- up 68.5%
- Ave. £ per ft²
- £277/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
NR5 8TU is a residential postcode situated on Dereham Road, New Costessey, Norwich, NR5 with 32 addresses.
It ranks as the 453rd largest and 432nd 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 32 properties: 32 houses.
- Ave. Sale Price
- £274,217
- 10 Year change
- up 28.2%
- Ave. Rental Price
- £1,187pcm
- 10 Year change
- up 68.5%
- Ave. £ per ft²
- £277/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Propertiesin NR5 8TU
- 496 Dereham Road
3 Bed Early-century House
- 498 Dereham Road
3 Bed Early-century House
- 500 Dereham Road
5 Bed Early-century House
- 502 Dereham Road
Unknown
- 504 Dereham Road
3 Bed Early-century House
Sales Market Trends
The last sale in NR5 8TU sold for £310,000 on 15th May 2025. Since then prices are down an average of 2.0%.
The current average value in the postcode is £274,217.
The NR5 8TU Sales Market has increased by 28.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.1% | £274,217 |
| June 2025 | -0.9% | £280,139 |
| June 2024 | -2.7% | £282,752 |
| June 2023 | -0.2% | £290,677 |
| June 2022 | 12.3% | £291,311 |
| June 2021 | 7.1% | £259,491 |
| June 2020 | 2.6% | £242,359 |
| June 2019 | -0.3% | £236,286 |
| June 2018 | 4.8% | £237,004 |
| June 2017 | 5.7% | £226,044 |
| June 2016 | 5.7% | £213,901 |
| June 2015 | 8% | £202,318 |
| June 2014 | 8.1% | £187,377 |
| June 2013 | 3.8% | £173,300 |
| June 2012 | 0.3% | £166,911 |
| June 2011 | -0.6% | £166,456 |
| June 2010 | 11% | £167,533 |
| June 2009 | -9.3% | £150,887 |
| June 2008 | -7.4% | £166,273 |
| June 2007 | 0% | £179,540 |
Rental Market Trends
The current average rental value in the postcode is £1,187.
The NR5 8TU Rental Market has increased by 68.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,187pcm |
| June 2025 | 4.5% | £1,146pcm |
| June 2024 | 4.3% | £1,097pcm |
| June 2023 | 6.8% | £1,052pcm |
| June 2022 | 11.5% | £985pcm |
| June 2021 | 11.8% | £883pcm |
| June 2020 | 6.8% | £790pcm |
| June 2019 | 1.7% | £739pcm |
| June 2018 | 0.2% | £727pcm |
| June 2017 | 3% | £726pcm |
| June 2016 | 5.6% | £704pcm |
| June 2015 | 4.8% | £667pcm |
| June 2014 | 3% | £636pcm |
| June 2013 | 1.4% | £618pcm |
| June 2012 | 3% | £610pcm |
| June 2011 | 2.2% | £592pcm |
| June 2010 | 6.3% | £579pcm |
| June 2009 | -3.2% | £544pcm |
| June 2008 | -1.4% | £562pcm |
| June 2007 | 0% | £570pcm |
Sales History
The last sale was on 15th May 2025 for £310,000 and since then the market in the area has decreased by 2.0%. The postcode has had a total of 44 sales since 1995.
NR5 8TU has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold May 2025£310,000 | 3 Bed House524, Dereham Road, Norwich, NR5 8TU524, Dereham Road, Norwich, NR5 8TU
- Sold Aug 2024£282,500 | 4 Bed House538, Dereham Road, Norwich, NR5 8TU538, Dereham Road, Norwich, NR5 8TU
- Sold Sep 2022£250,000 | 3 Bed House514, Dereham Road, Norwich, NR5 8TU514, Dereham Road, Norwich, NR5 8TU
- Sold Jul 2021£375,000 | 5 Bed House526, Dereham Road, Norwich, NR5 8TU526, Dereham Road, Norwich, NR5 8TU
- Sold Apr 2021£210,000 | 3 Bed House554, Dereham Road, Norwich, NR5 8TU554, Dereham Road, Norwich, NR5 8TU
Nearby Postcodes
NR5 8TU is the 453rd largest and the 432nd most expensive postcode out of the 607 postcodes in the NR5 area.
- NR5 8TA, Dereham Road, New Costessey, Norwich, NR5NR5 8TA30 Addresses|98 m away
- NR5 8ED, Clarkson Road, Norwich, NR5NR5 8ED33 Addresses|100 m away
- NR5 8EE, Clarkson Road, Norwich, NR5NR5 8EE45 Addresses|112 m away
- NR5 8XG, Jex Road, Norwich, NR5NR5 8XG17 Addresses|133 m away
- NR5 8XF, Jex Lane, Norwich, NR5NR5 8XF8 Addresses|163 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 14 early-century houses built between 1912 and 1935
- 16 other addresses of unknown type
- mid-century house (1)
- house (1)
- early-century house (14)
- Unknown (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (10)
- No EPC (17)
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
- Norwich Primary Academy100 m away
- Valley Primary Academy400 m away
- Henderson Green Primary Academy600 m away
- City Academy Norwich1.2 km away
- Ormiston Victory Academy2.6 km away
- Hellesdon High School2.6 km away
More reading links
Public Transport Nearby
The closest station to NR5 8TU is Norwich station, which is 4.4 kilometres away.
- Norwich|4.4 km away
- Salhouse|10.7 km away
- Wymondham|11.8 km away
- Brundall Gardens|11.9 km away
