Phoenix Way - NR5 0WU
Key Street Insights
Phoenix Way is a residential street with 34 addresses.
It ranks as the 251st largest and 368th most expensive of the 388 streets in the NR5 area. The most common property type is a modern house built after 1980.
The street contains a total of 34 properties: 34 houses.
- Ave. Sale Price
- £360,217
- 10 Year change
- up 27.0%
- Ave. Rental Price
- £1,484pcm
- 10 Year change
- up 65.3%
- Ave. £ per ft²
- £272/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Street Insights
Phoenix Way is a residential street with 34 addresses.
It ranks as the 251st largest and 368th most expensive of the 388 streets in the NR5 area. The most common property type is a modern house built after 1980.
The street contains a total of 34 properties: 34 houses.
- Ave. Sale Price
- £360,217
- 10 Year change
- up 27.0%
- Ave. Rental Price
- £1,484pcm
- 10 Year change
- up 65.3%
- Ave. £ per ft²
- £272/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Properties on Phoenix Way, Norwich, NR5
- 1 Phoenix Way
4 Bed Modern House
- 2 Phoenix Way
4 Bed Modern House
- 3 Phoenix Way
3 Bed Modern House
- 4 Phoenix Way
4 Bed Modern House
- 5 Phoenix Way
2 Bed Modern House
Sales Market Trends
The last sale on Phoenix Way sold for £325,000 on 26th February 2026. Since then prices are down an average of 3.6%.
The current average value in the street is £360,217.
The Phoenix Way Sales Market has increased by 27.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -3.3% | £360,217 |
| July 2025 | -0.3% | £372,567 |
| July 2024 | -2.3% | £373,502 |
| July 2023 | -1.5% | £382,371 |
| July 2022 | 12.1% | £388,340 |
| July 2021 | 9.6% | £346,525 |
| July 2020 | 1.8% | £316,248 |
| July 2019 | -0.1% | £310,724 |
| July 2018 | 4.1% | £311,049 |
| July 2017 | 5.4% | £298,937 |
| July 2016 | 6.8% | £283,689 |
| July 2015 | 6.8% | £265,747 |
| July 2014 | 7.9% | £248,846 |
| July 2013 | 4.1% | £230,641 |
| July 2012 | 0.5% | £221,461 |
| July 2011 | -1.6% | £220,380 |
| July 2010 | 10.5% | £223,903 |
| July 2009 | -7% | £202,609 |
| July 2008 | -7.6% | £217,763 |
| July 2007 | 0% | £235,631 |
Rental Market Trends
The current average rental value in the street is £1,484.
The Phoenix Way Rental Market has increased by 65.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.5% | £1,484pcm |
| July 2025 | 4.8% | £1,434pcm |
| July 2024 | 3.6% | £1,368pcm |
| July 2023 | 6.2% | £1,320pcm |
| July 2022 | 9.2% | £1,243pcm |
| July 2021 | 14.2% | £1,138pcm |
| July 2020 | 3.2% | £997pcm |
| July 2019 | 1.4% | £966pcm |
| July 2018 | 1.4% | £952pcm |
| July 2017 | 4.7% | £940pcm |
| July 2016 | 4% | £897pcm |
| July 2015 | 4.8% | £863pcm |
| July 2014 | 1.8% | £824pcm |
| July 2013 | 2.2% | £809pcm |
| July 2012 | 1.1% | £792pcm |
| July 2011 | 2.1% | £783pcm |
| July 2010 | 8.8% | £768pcm |
| July 2009 | -4.9% | £706pcm |
| July 2008 | 0.1% | £742pcm |
| July 2007 | 0% | £741pcm |
Sales History
The last recorded sale was on 26th February 2026 for £325,000 and since then the market in the area has decreased by 3.6%.
Phoenix Way, Norwich, NR5 has had 3 sales since 1995, with 3 in the last three years and 1 in the last twelve months.
- Sold Feb 2026£325,000 | 4 Bed House24, Phoenix Way, Norwich, NR5 0WU24, Phoenix Way, Norwich, NR5 0WU
- Sold Oct 2024£230,000 | 2 Bed House7, Phoenix Way, Norwich, NR5 0WU7, Phoenix Way, Norwich, NR5 0WU
- Sold Aug 2024£240,000 | 2 Bed House7, Phoenix Way, Norwich, NR5 0WU7, Phoenix Way, Norwich, NR5 0WU
Top 3 Most Expensive Sales
- Sold Feb 2023£520,000 | 5 Bed House26, Phoenix Way, Norwich, NR5 0WU26, Phoenix Way, Norwich, NR5 0WU
- Sold Jun 2023£513,000 | 5 Bed House25, Phoenix Way, Norwich, NR5 0WU25, Phoenix Way, Norwich, NR5 0WU
- Sold Mar 2023£501,139 | 5 Bed House12, Phoenix Way, Norwich, NR5 0WU12, Phoenix Way, Norwich, NR5 0WU
Nearby Streets
Phoenix Way, Norwich, NR5 is the 251st largest and the 368th most expensive street in the NR5 area.
- Serenity Place, Norwich, NR53 Addresses|44 m away
- Icarus Rise, Norwich, NR528 Addresses|56 m away
- Enterprise Gardens, Norwich, NR59 Addresses|87 m away
- Hyperion Row, Norwich, NR58 Addresses|114 m away
- Lion Close, Norwich, NR510 Addresses|124 m away
- Athena Avenue, Norwich, NR59 Addresses|152 m away
Property Types
- 34 modern houses built after 1980
- modern house (34)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 34 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (34)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- Chapel Break Infant School1.3 km away
- St Michael's VA Junior School1.4 km away
- The Bawburgh School1.5 km away
- Ormiston Victory Academy1.3 km away
- City Academy Norwich4.1 km away
- Hellesdon High School4.5 km away
More reading links
Public Transport Nearby
The closest station to Phoenix Way, Norwich, NR5 - NR5 0WU is Norwich station, which is 7.8 kilometres away.
- Norwich|7.8 km away
- Wymondham|10.3 km away
- Salhouse|13.7 km away
