Tower Close - NR8 5AY
Key Postcode Insights
NR8 5AY is a residential postcode situated on Tower Close, Costessey, Norwich, NR8 with 66 addresses.
It ranks as the 458th largest and 3rd most expensive of the 468 postcodes in the NR8 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 66 properties: 27 houses and 39 flats.
- Ave. Sale Price
- £151,589
- 10 Year change
- up 24.8%
- Ave. Rental Price
- £822pcm
- 10 Year change
- up 58.4%
- Ave. £ per ft²
- £177/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
NR8 5AY is a residential postcode situated on Tower Close, Costessey, Norwich, NR8 with 66 addresses.
It ranks as the 458th largest and 3rd most expensive of the 468 postcodes in the NR8 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 66 properties: 27 houses and 39 flats.
- Ave. Sale Price
- £151,589
- 10 Year change
- up 24.8%
- Ave. Rental Price
- £822pcm
- 10 Year change
- up 58.4%
- Ave. £ per ft²
- £177/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin NR8 5AY
- 41 Tower Close
3 Bed Mid-century Flat
- 42 Tower Close
3 Bed Mid-century House
- 43 Tower Close
2 Bed Mid-century Flat
- 44 Tower Close
3 Bed Mid-century House
- 45 Tower Close
3 Bed Mid-century Flat
Sales Market Trends
The last sale in NR8 5AY sold for £155,000 on 15th December 2025. Since then prices are down an average of 0.2%.
The current average value in the postcode is £151,589.
The NR8 5AY Sales Market has increased by 24.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.3% | £151,589 |
| June 2025 | 0.9% | £155,171 |
| June 2024 | -2.8% | £153,748 |
| June 2023 | 1.1% | £158,194 |
| June 2022 | 9% | £156,501 |
| June 2021 | 8.5% | £143,573 |
| June 2020 | 1.3% | £132,298 |
| June 2019 | 0.4% | £130,625 |
| June 2018 | 3% | £130,118 |
| June 2017 | 4% | £126,333 |
| June 2016 | 6.4% | £121,430 |
| June 2015 | 4.8% | £114,162 |
| June 2014 | 8.4% | £108,981 |
| June 2013 | 1.8% | £100,557 |
| June 2012 | 2.2% | £98,816 |
| June 2011 | -4.3% | £96,685 |
| June 2010 | 9.2% | £101,027 |
| June 2009 | -11.4% | £92,509 |
| June 2008 | -5.2% | £104,378 |
| June 2007 | 0% | £110,054 |
Rental Market Trends
The current average rental value in the postcode is £822.
The NR8 5AY Rental Market has increased by 58.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £822pcm |
| June 2025 | 5.7% | £793pcm |
| June 2024 | 5.2% | £750pcm |
| June 2023 | 7.4% | £713pcm |
| June 2022 | 8.6% | £663pcm |
| June 2021 | 8.8% | £611pcm |
| June 2020 | 3.5% | £562pcm |
| June 2019 | 1.7% | £543pcm |
| June 2018 | -0.9% | £534pcm |
| June 2017 | 3.8% | £538pcm |
| June 2016 | 3.7% | £519pcm |
| June 2015 | 2.7% | £500pcm |
| June 2014 | 2.9% | £487pcm |
| June 2013 | 1% | £473pcm |
| June 2012 | 2.5% | £468pcm |
| June 2011 | 1.7% | £457pcm |
| June 2010 | 5.4% | £449pcm |
| June 2009 | -7.1% | £426pcm |
| June 2008 | -1.5% | £459pcm |
| June 2007 | 0% | £466pcm |
Sales History
The last sale was on 15th December 2025 for £155,000 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 53 sales since 1995.
NR8 5AY has seen 7 sales in the last three years and 1 sale in the last twelve months.
- Sold Dec 2025£155,000 | 3 Bed House58, Tower Close, Norwich, NR8 5AY58, Tower Close, Norwich, NR8 5AY
- Sold Jul 2025£210,000 | 4 Bed House74, Tower Close, Norwich, NR8 5AY74, Tower Close, Norwich, NR8 5AY
- Sold Oct 2024£145,000 | 3 Bed Flat65, Tower Close, Norwich, NR8 5AY65, Tower Close, Norwich, NR8 5AY
- Sold Jul 2024£130,000 | 3 Bed Flat77, Tower Close, Norwich, NR8 5AY77, Tower Close, Norwich, NR8 5AY
- Sold Jun 2024£150,000 | 3 Bed Flat101, Tower Close, Norwich, NR8 5AY101, Tower Close, Norwich, NR8 5AY
Nearby Postcodes
NR8 5AY is the 458th largest and the 3rd most expensive postcode out of the 468 postcodes in the NR8 area.
- NR8 5AS, Linalls Drive, Costessey, Norwich, NR8NR8 5AS18 Addresses|150 m away
- NR8 5AU, Tower Close, Costessey, Norwich, NR8NR8 5AU40 Addresses|151 m away
- NR8 5AN, West End, Costessey, Norwich, NR8NR8 5AN52 Addresses|158 m away
- NR8 5AP, Tower Hill, Costessey, Norwich, NR8NR8 5AP2 Addresses|213 m away
- NR8 5AL, Parklands, Costessey, Norwich, NR8NR8 5AL22 Addresses|275 m away
Property Types
- 1 modern house built after 1980
- 20 mid-century houses built between 1936 and 1979
- 36 mid-century flats built between 1936 and 1979
- 2 houses of an unknown age
- 7 other addresses of unknown type
- modern house (1)
- mid-century house (20)
- mid-century flat (36)
- house (2)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 58 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (49)
- G (0)
- D (9)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Sep 2021£210,000 | 4 Bed House50, Tower Close, Norwich, NR8 5AY50, Tower Close, Norwich, NR8 5AY
- Sold Jul 2025£210,000 | 4 Bed House74, Tower Close, Norwich, NR8 5AY74, Tower Close, Norwich, NR8 5AY
- Sold Jul 2022£197,000 | 3 Bed House54, Tower Close, Norwich, NR8 5AY54, Tower Close, Norwich, NR8 5AY
Schools Nearby
- St Augustine's Catholic Primary School, Costessey700 m away
- Queen's Hill Primary School1.2 km away
- Costessey Primary School2.1 km away
- Ormiston Victory Academy1.5 km away
- Taverham High School3.0 km away
- Hellesdon High School4.0 km away
More reading links
Public Transport Nearby
The closest station to NR8 5AY is Norwich station, which is 8.2 kilometres away.
- Norwich|8.2 km away
- Wymondham|11.9 km away
- Salhouse|13.2 km away
- Hoveton & Wroxham|15.5 km away
