Falcon Crescent - NR8 5GW
Key Postcode Insights
NR8 5GW is a residential postcode situated on Falcon Crescent, Costessey, Norwich, NR8 with 51 addresses.
It ranks as the 431st largest and 27th 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 51 properties: 31 houses and 20 flats.
- Ave. Sale Price
- £214,668
- 10 Year change
- up 24.8%
- Ave. Rental Price
- £1,019pcm
- 10 Year change
- up 57.2%
- Ave. £ per ft²
- £236/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
NR8 5GW is a residential postcode situated on Falcon Crescent, Costessey, Norwich, NR8 with 51 addresses.
It ranks as the 431st largest and 27th 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 51 properties: 31 houses and 20 flats.
- Ave. Sale Price
- £214,668
- 10 Year change
- up 24.8%
- Ave. Rental Price
- £1,019pcm
- 10 Year change
- up 57.2%
- Ave. £ per ft²
- £236/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin NR8 5GW
- 2 Falcon Crescent
4 Bed Modern House
- 4 Falcon Crescent
4 Bed Modern House
- 6 Falcon Crescent
4 Bed Modern House
- 8 Falcon Crescent
4 Bed Modern House
- 10 Falcon Crescent
2 Bed Modern Flat
Sales Market Trends
The last sale in NR8 5GW sold for £168,000 on 30th October 2025. Since then prices are down an average of 0.8%.
The current average value in the postcode is £214,668.
The NR8 5GW Sales Market has increased by 24.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £214,668 |
| June 2025 | 1.5% | £220,166 |
| June 2024 | -2.9% | £217,012 |
| June 2023 | 1.3% | £223,384 |
| June 2022 | 8.6% | £220,463 |
| June 2021 | 8.8% | £202,999 |
| June 2020 | 1% | £186,588 |
| June 2019 | 0.6% | £184,720 |
| June 2018 | 2.8% | £183,695 |
| June 2017 | 3.9% | £178,686 |
| June 2016 | 6.3% | £172,057 |
| June 2015 | 4.3% | £161,892 |
| June 2014 | 8.4% | £155,177 |
| June 2013 | 1.4% | £143,157 |
| June 2012 | 3% | £141,127 |
| June 2011 | -5% | £136,987 |
| June 2010 | 9.1% | £144,207 |
| June 2009 | -11.7% | £132,236 |
| June 2008 | -4.8% | £149,841 |
| June 2007 | 0% | £157,346 |
Rental Market Trends
The current average rental value in the postcode is £1,019.
The NR8 5GW Rental Market has increased by 57.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £1,019pcm |
| June 2025 | 6.1% | £984pcm |
| June 2024 | 5.4% | £927pcm |
| June 2023 | 7.5% | £880pcm |
| June 2022 | 8.2% | £818pcm |
| June 2021 | 8.2% | £756pcm |
| June 2020 | 2.8% | £699pcm |
| June 2019 | 1.7% | £680pcm |
| June 2018 | -1% | £668pcm |
| June 2017 | 4.1% | £675pcm |
| June 2016 | 3.2% | £648pcm |
| June 2015 | 2.5% | £628pcm |
| June 2014 | 2.9% | £613pcm |
| June 2013 | 0.9% | £595pcm |
| June 2012 | 2.8% | £590pcm |
| June 2011 | 1.6% | £573pcm |
| June 2010 | 5.5% | £564pcm |
| June 2009 | -7.8% | £535pcm |
| June 2008 | -1.5% | £581pcm |
| June 2007 | 0% | £590pcm |
Sales History
The last sale was on 30th October 2025 for £168,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 84 sales since 1995.
NR8 5GW has seen 16 sales in the last three years and 3 sales in the last twelve months.
- Sold Oct 2025£168,000 | 2 Bed Flat58, Falcon Crescent, Norwich, NR8 5GW58, Falcon Crescent, Norwich, NR8 5GW
- Sold Oct 2025£162,000 | 2 Bed Flat94, Falcon Crescent, Norwich, NR8 5GW94, Falcon Crescent, Norwich, NR8 5GW
- Sold Oct 2025£170,000 | 2 Bed Flat96, Falcon Crescent, Norwich, NR8 5GW96, Falcon Crescent, Norwich, NR8 5GW
- Sold Jul 2025£165,000 | 2 Bed Flat52, Falcon Crescent, Norwich, NR8 5GW52, Falcon Crescent, Norwich, NR8 5GW
- Sold Apr 2025£155,000 | 2 Bed Flat56, Falcon Crescent, Norwich, NR8 5GW56, Falcon Crescent, Norwich, NR8 5GW
Nearby Postcodes
NR8 5GW is the 431st largest and the 27th most expensive postcode out of the 468 postcodes in the NR8 area.
- NR8 5GX, Falcon Crescent, Costessey, Norwich, NR8NR8 5GX54 Addresses|22 m away
- NR8 5GY, Brian Mc Carter Gardens, Costessey, Norwich, NR8NR8 5GY22 Addresses|74 m away
- NR8 5FR, Grebe Court, Costessey, Norwich, NR8NR8 5FR9 Addresses|97 m away
- NR8 5FQ, Teal Drive, Costessey, Norwich, NR8NR8 5FQ22 Addresses|98 m away
- NR8 5FD, Woodpecker Way, Costessey, Norwich, NR8NR8 5FD74 Addresses|103 m away
Property Types
- 31 modern houses built after 1980
- 19 modern flats built after 1980
- 1 flat of an unknown age
- modern house (31)
- modern flat (19)
- flat (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 51 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (38)
- F (0)
- C (13)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Oct 2022£297,500 | 4 Bed House34, Falcon Crescent, Norwich, NR8 5GW34, Falcon Crescent, Norwich, NR8 5GW
- Sold Oct 2022£295,500 | 4 Bed House45, Falcon Crescent, Norwich, NR8 5GX45, Falcon Crescent, Norwich, NR8 5GX
- Sold Sep 2021£295,000 | 4 Bed House105, Falcon Crescent, Norwich, NR8 5GX105, Falcon Crescent, Norwich, NR8 5GX
Schools Nearby
- Queen's Hill Primary School400 m away
- St Augustine's Catholic Primary School, Costessey1.5 km away
- Taverham VC CE Junior School1.8 km away
- Ormiston Victory Academy2.3 km away
- Taverham High School2.4 km away
- Hellesdon High School4.7 km away
More reading links
Public Transport Nearby
The closest station to NR8 5GW is Norwich station, which is 9.1 kilometres away.
- Norwich|9.1 km away
- Wymondham|12.1 km away
- Salhouse|13.8 km away
- Hoveton & Wroxham|15.9 km away
