NR8 5GJ is a residential postcode situated on Wilderness Road, Costessey, Norwich, NR8 with 25 addresses.
It ranks as the 319th largest and 116th most expensive of the 468 postcodes in the NR8 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 25 properties: 25 houses.
NR8 5GJ is a residential postcode situated on Wilderness Road, Costessey, Norwich, NR8 with 25 addresses.
It ranks as the 319th largest and 116th most expensive of the 468 postcodes in the NR8 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 25 properties: 25 houses.
Sale prices range from £220,478 for 3 bedroom freehold houses with a garden (753 ft2) to £392,092 for 5 bedroom freehold houses with a garden (1,969 ft2) .
Monthly rental prices range from £1,043 pcm for 3 bed houses to £1,681 pcm for 5 bed houses.
The gross rental yield is between 5.1% and 5.7%.
The average value per square foot is £248.
The last sale in NR8 5GJ sold for £245,000 on 20th March 2026. Since then prices are down an average of 1.7%.
The current average value in the postcode is £272,341.
The NR8 5GJ Sales Market has increased by 32.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.3% | £272,341 |
| April 2025 | 0.9% | £278,661 |
| April 2024 | -4.2% | £276,045 |
| April 2023 | 5.2% | £288,086 |
| April 2022 | 8.2% | £273,848 |
| April 2021 | 9.7% | £253,111 |
| April 2020 | 1.6% | £230,709 |
| April 2019 | -0.6% | £227,123 |
| April 2018 | 4.9% | £228,483 |
| April 2017 | 5.6% | £217,858 |
| April 2016 | 7.2% | £206,350 |
| April 2015 | 5.9% | £192,407 |
| April 2014 | 8.3% | £181,765 |
| April 2013 | 1.3% | £167,909 |
| April 2012 | 4.4% | £165,722 |
| April 2011 | -4.2% | £158,792 |
| April 2010 | 10.8% | £165,714 |
| April 2009 | -14.1% | £149,512 |
| April 2008 | 0.7% | £174,117 |
| April 2007 | 0% | £172,918 |
The current average rental value in the postcode is £1,229.
The NR8 5GJ Rental Market has increased by 64.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £1,229pcm |
| April 2025 | 6.3% | £1,200pcm |
| April 2024 | 5.5% | £1,128pcm |
| April 2023 | 8.3% | £1,070pcm |
| April 2022 | 9.8% | £988pcm |
| April 2021 | 8.5% | £899pcm |
| April 2020 | 3.4% | £829pcm |
| April 2019 | 1.2% | £801pcm |
| April 2018 | 0.2% | £792pcm |
| April 2017 | 5.4% | £790pcm |
| April 2016 | 4% | £750pcm |
| April 2015 | 3.2% | £720pcm |
| April 2014 | 2.8% | £698pcm |
| April 2013 | 3.3% | £680pcm |
| April 2012 | 2.9% | £658pcm |
| April 2011 | 2.1% | £639pcm |
| April 2010 | 5.3% | £626pcm |
| April 2009 | -6.6% | £594pcm |
| April 2008 | 1.1% | £636pcm |
| April 2007 | 0% | £630pcm |
The last sale was on 20th March 2026 for £245,000 and since then the market in the area has decreased by 1.7%. The postcode has had a total of 50 sales since 1995.
NR8 5GJ has seen 6 sales in the last three years and 3 sales in the last twelve months.
NR8 5GJ is the 319th largest and the 116th most expensive postcode out of the 468 postcodes in the NR8 area.
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The closest station to NR8 5GJ is Norwich station which is 9.7 kilometres away.
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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.
The recent census recorded whether a resident owned or rented their home.
In the area around NR8 5GJ, % 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 5GJ, 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 5GJ, 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 5GJ, 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.