NR8 5DP is a residential postcode situated on Folgate Lane, Costessey, Norwich, NR8 with 24 addresses.
It ranks as the 311th largest and 419th most expensive of the 468 postcodes in the NR8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 houses.
NR8 5DP is a residential postcode situated on Folgate Lane, Costessey, Norwich, NR8 with 24 addresses.
It ranks as the 311th largest and 419th most expensive of the 468 postcodes in the NR8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 houses.
Sale prices range from £258,483 for 3 bedroom freehold houses with a garden (676 ft2) to £891,626 for 5 bedroom freehold houses with a garden (2,669 ft2) .
Monthly rental prices range from £1,037 pcm for 3 bed houses to £2,606 pcm for 5 bed houses.
The gross rental yield is between 3.4% and 4.8%.
The average value per square foot is £288.
The last sale in NR8 5DP sold for £780,000 on 4th June 2021. Since then prices are up an average of 6.0%.
The current average value in the postcode is £524,219.
The NR8 5DP Sales Market has increased by 31.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.2% | £524,219 |
| May 2025 | -0.4% | £535,834 |
| May 2024 | -3.5% | £538,044 |
| May 2023 | 2.1% | £557,786 |
| May 2022 | 11.9% | £546,340 |
| May 2021 | 7.5% | £488,027 |
| May 2020 | 1.8% | £453,811 |
| May 2019 | 0% | £445,682 |
| May 2018 | 5.1% | £445,764 |
| May 2017 | 6.2% | £423,943 |
| May 2016 | 6% | £399,183 |
| May 2015 | 6.4% | £376,419 |
| May 2014 | 8.6% | £353,830 |
| May 2013 | 1.7% | £325,716 |
| May 2012 | 1% | £320,249 |
| May 2011 | -1.1% | £317,141 |
| May 2010 | 12.1% | £320,554 |
| May 2009 | -10.8% | £286,054 |
| May 2008 | -3.6% | £320,739 |
| May 2007 | 0% | £332,770 |
The current average rental value in the postcode is £1,635.
The NR8 5DP Rental Market has increased by 64.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.2% | £1,635pcm |
| May 2025 | 3.7% | £1,600pcm |
| May 2024 | 5.8% | £1,543pcm |
| May 2023 | 6.4% | £1,458pcm |
| May 2022 | 9.9% | £1,371pcm |
| May 2021 | 13.2% | £1,247pcm |
| May 2020 | 3% | £1,101pcm |
| May 2019 | 1.8% | £1,070pcm |
| May 2018 | -1.5% | £1,051pcm |
| May 2017 | 7.2% | £1,067pcm |
| May 2016 | 3.7% | £995pcm |
| May 2015 | 3.8% | £959pcm |
| May 2014 | 1.4% | £924pcm |
| May 2013 | 2.7% | £912pcm |
| May 2012 | 2.1% | £888pcm |
| May 2011 | 3.6% | £870pcm |
| May 2010 | 7.6% | £840pcm |
| May 2009 | -4.5% | £781pcm |
| May 2008 | 0.5% | £818pcm |
| May 2007 | 0% | £814pcm |
The last sale was on 4th June 2021 for £780,000 and since then the market in the area has increased by 6.0%. The postcode has had a total of 21 sales since 1995.
NR8 5DP has seen no sales in the last three years and no sales in the last twelve months.
NR8 5DP is the 311th largest and the 419th most expensive postcode out of the 468 postcodes in the NR8 area.
Be the first Estate
Agent here!
The closest station to NR8 5DP is Norwich station which is 6.9 kilometres away.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around NR8 5DP, % of property is and % is .
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 NR8 5DP, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 NR8 5DP, 0.0% 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 NR8 5DP, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.