Fairway - NR8 5GB
Key Postcode Insights
NR8 5GB is a residential postcode situated on Fairway, Costessey, Norwich, NR8 with 37 addresses.
It ranks as the 381st largest and 98th most expensive of the 468 postcodes in the NR8 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 37 properties: 25 houses and 12 flats.
- Ave. Sale Price
- £261,536
- 10 Year change
- up 28.2%
- Ave. Rental Price
- £1,119pcm
- 10 Year change
- up 61.7%
- Ave. £ per ft²
- £254/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
NR8 5GB is a residential postcode situated on Fairway, Costessey, Norwich, NR8 with 37 addresses.
It ranks as the 381st largest and 98th most expensive of the 468 postcodes in the NR8 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 37 properties: 25 houses and 12 flats.
- Ave. Sale Price
- £261,536
- 10 Year change
- up 28.2%
- Ave. Rental Price
- £1,119pcm
- 10 Year change
- up 61.7%
- Ave. £ per ft²
- £254/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin NR8 5GB
- 120 Fairway
3 Bed Modern House
- 122 Fairway
4 Bed Modern House
- 124 Fairway
4 Bed Modern House
- 126 Fairway
4 Bed Modern House
- 128 Fairway
2 Bed Modern House
Sales Market Trends
The last sale in NR8 5GB sold for £220,000 on 12th December 2025. Since then prices are down an average of 0.6%.
The current average value in the postcode is £261,536.
The NR8 5GB Sales Market has increased by 28.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £261,536 |
| June 2025 | 1.6% | £268,276 |
| June 2024 | -3.1% | £264,112 |
| June 2023 | 1.5% | £272,471 |
| June 2022 | 9.4% | £268,417 |
| June 2021 | 9.6% | £245,349 |
| June 2020 | 1.3% | £223,892 |
| June 2019 | 0.5% | £221,046 |
| June 2018 | 3.1% | £219,884 |
| June 2017 | 4.5% | £213,210 |
| June 2016 | 6.9% | £204,085 |
| June 2015 | 4.5% | £190,943 |
| June 2014 | 8.4% | £182,796 |
| June 2013 | 1.7% | £168,616 |
| June 2012 | 2.8% | £165,717 |
| June 2011 | -4.6% | £161,231 |
| June 2010 | 10.1% | £169,023 |
| June 2009 | -10.8% | £153,517 |
| June 2008 | -4.6% | £172,014 |
| June 2007 | 0% | £180,215 |
Rental Market Trends
The current average rental value in the postcode is £1,119.
The NR8 5GB Rental Market has increased by 61.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,119pcm |
| June 2025 | 6.3% | £1,081pcm |
| June 2024 | 5.1% | £1,017pcm |
| June 2023 | 7.7% | £968pcm |
| June 2022 | 9% | £898pcm |
| June 2021 | 9.1% | £824pcm |
| June 2020 | 3.3% | £755pcm |
| June 2019 | 1.7% | £731pcm |
| June 2018 | -0.7% | £719pcm |
| June 2017 | 4.5% | £723pcm |
| June 2016 | 3.9% | £692pcm |
| June 2015 | 2.7% | £666pcm |
| June 2014 | 2.9% | £649pcm |
| June 2013 | 1.2% | £630pcm |
| June 2012 | 2.7% | £623pcm |
| June 2011 | 1.9% | £606pcm |
| June 2010 | 6.5% | £595pcm |
| June 2009 | -6.7% | £559pcm |
| June 2008 | -1.3% | £599pcm |
| June 2007 | 0% | £607pcm |
Sales History
The last sale was on 12th December 2025 for £220,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 64 sales since 1995.
NR8 5GB has seen 5 sales in the last three years and 2 sales in the last twelve months.
- Sold Dec 2025£220,000 | 2 Bed House128, Fairway, Norwich, NR8 5GB128, Fairway, Norwich, NR8 5GB
- Sold Dec 2025£420,000 | 4 Bed House174, Fairway, Norwich, NR8 5GB174, Fairway, Norwich, NR8 5GB
- Sold Mar 2024£155,000 | 2 Bed Flat150, Fairway, Norwich, NR8 5GB150, Fairway, Norwich, NR8 5GB
- Sold Jul 2023£235,000 | 3 Bed House134, Fairway, Norwich, NR8 5GB134, Fairway, Norwich, NR8 5GB
- Sold Jan 2023£220,000 | 3 Bed House136, Fairway, Norwich, NR8 5GB136, Fairway, Norwich, NR8 5GB
Nearby Postcodes
NR8 5GB is the 381st largest and the 98th most expensive postcode out of the 468 postcodes in the NR8 area.
- NR8 5HU, Woodcock Hill, Costessey, Norwich, NR8NR8 5HU16 Addresses|81 m away
- NR8 5GD, Maze Avenue, Costessey, Norwich, NR8NR8 5GD28 Addresses|142 m away
- NR8 5HA, Blyth's Wood Avenue, Costessey, Norwich, NR8NR8 5HA44 Addresses|142 m away
- NR8 5GE, Lords Hill, Costessey, Norwich, NR8NR8 5GE20 Addresses|146 m away
- NR8 5GF, Knappers Way, Costessey, Norwich, NR8NR8 5GF13 Addresses|155 m away
Property Types
- 25 modern houses built after 1980
- 12 modern flats built after 1980
- modern house (25)
- modern flat (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 37 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (7)
- F (0)
- C (30)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
Schools Nearby
- Queen's Hill Primary School500 m away
- St Peter's CofE Primary Academy, Easton1.9 km away
- Taverham VC CE Junior School2.2 km away
- Taverham High School2.6 km away
- Ormiston Victory Academy3.0 km away
- Hellesdon High School5.5 km away
More reading links
Public Transport Nearby
The closest station to NR8 5GB is Norwich station, which is 9.8 kilometres away.
- Norwich|9.8 km away
- Wymondham|11.8 km away
- Salhouse|14.7 km away
- Spooner Row|15.6 km away
