NR5 8TW is a residential postcode situated on Stevenson Road, Norwich, NR5 with 31 addresses.
It ranks as the 444th largest and 280th most expensive of the 608 postcodes in the NR5 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 31 properties: 31 houses.
NR5 8TW is a residential postcode situated on Stevenson Road, Norwich, NR5 with 31 addresses.
It ranks as the 444th largest and 280th most expensive of the 608 postcodes in the NR5 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 31 properties: 31 houses.
Sale prices range from £235,004 for 3 bedroom freehold houses with a garden (753 ft2) to £235,004 for 3 bedroom freehold houses with a garden (753 ft2) .
Monthly rental prices range from £1,173 pcm for 3 bed houses to £1,173 pcm for 3 bed houses.
The gross rental yield is between 6.0% and 6.0%.
The average value per square foot is £308.
The last sale in NR5 8TW sold for £150,000 on 2nd January 2018. Since then prices are down an average of 0.0%.
The current average value in the postcode is £235,004.
The NR5 8TW Sales Market has increased by 32.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.4% | £235,004 |
| April 2025 | 0.1% | £238,256 |
| April 2024 | -4.7% | £238,042 |
| April 2023 | 2.6% | £249,875 |
| April 2022 | 14.1% | £243,465 |
| April 2021 | 4.3% | £213,456 |
| April 2020 | 1.5% | £204,573 |
| April 2019 | -0.6% | £201,594 |
| April 2018 | 6.5% | £202,793 |
| April 2017 | 7.4% | £190,418 |
| April 2016 | 4.3% | £177,356 |
| April 2015 | 8.6% | £170,033 |
| April 2014 | 8.8% | £156,505 |
| April 2013 | 3.6% | £143,855 |
| April 2012 | 0.3% | £138,839 |
| April 2011 | -0.6% | £138,427 |
| April 2010 | 9.9% | £139,256 |
| April 2009 | -14.4% | £126,749 |
| April 2008 | -4.3% | £148,021 |
| April 2007 | 0% | £154,655 |
The current average rental value in the postcode is £1,173.
The NR5 8TW Rental Market has increased by 66.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £1,173pcm |
| April 2025 | 5.3% | £1,143pcm |
| April 2024 | 3.7% | £1,086pcm |
| April 2023 | 6.8% | £1,047pcm |
| April 2022 | 13.1% | £980pcm |
| April 2021 | 11.1% | £867pcm |
| April 2020 | 6% | £780pcm |
| April 2019 | 0.9% | £736pcm |
| April 2018 | 0.4% | £729pcm |
| April 2017 | 3.2% | £726pcm |
| April 2016 | 5.8% | £704pcm |
| April 2015 | 4.9% | £665pcm |
| April 2014 | 2.6% | £634pcm |
| April 2013 | 3.3% | £618pcm |
| April 2012 | 3.5% | £598pcm |
| April 2011 | 1.2% | £578pcm |
| April 2010 | 4.2% | £571pcm |
| April 2009 | -5.5% | £548pcm |
| April 2008 | -0.5% | £580pcm |
| April 2007 | 0% | £583pcm |
The last sale was on 2nd January 2018 for £150,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
NR5 8TW has seen no sales in the last three years and no sales in the last twelve months.
NR5 8TW is the 444th largest and the 280th most expensive postcode out of the 608 postcodes in the NR5 area.
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The closest station to NR5 8TW is Norwich station which is 5.0 kilometres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NR5 8TW, 71.2% of property is socially rented and 12.9% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NR5 8TW, 34.5% of residents are recorded as possessing school level qualifications and 16.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NR5 8TW, the average age was 35.1 and the most common age was 22.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NR5 8TW, 0.3% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NR5 8TW, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.