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Costessey market report NR5 0, Norwich
The standing NR5 0 (Costessey) property market report, rebuilt from the full public record every month. This page is built from the public record and nothing else: 5,123 completed sales registered with HM Land Registry in NR5 0 (Norwich) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the middle 2026 sale in NR5 0 (Norwich) came in at £300,000, out of 51 registered, up 11% on five years earlier, and the mean stands at £318,600, and by floor area homes here have averaged about £3,120 per square metre over the last five years. The record behind it is 5,123 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
NR5 0 is one sector of NR5 (Norwich): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where NR5 0 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in NR5 0
51 sales were registered in NR5 0 in 2026, and the middle one of them, the median, went for £300,000. The mean works out at £318,600, modestly above it, the usual shape of a market with an expensive tail.
House prices per square metre in NR5 0
By floor space, homes in NR5 0 have sold for about £3,120 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
For scale: the England and Wales median is £285,000, so NR5 0 trades 5% above the country as a whole.
The price of a typical NR5 0 home, 1995 to 2026
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £300,000 | £300,000 | 51 |
| 2025 | £269,500 | £275,945 | 130 |
| 2024 | £275,000 | £292,381 | 157 |
| 2023 | £299,000 | £328,528 | 140 |
| 2022 | £290,000 | £340,058 | 190 |
| 2021 | £270,000 | £341,855 | 250 |
| 2020 | £250,000 | £324,380 | 154 |
| 2019 | £252,500 | £330,967 | 180 |
| 2018 | £245,000 | £326,590 | 181 |
| 2017 | £227,000 | £309,605 | 213 |
| 2016 | £225,000 | £314,777 | 197 |
| 2015 | £195,000 | £275,535 | 189 |
| 2014 | £178,000 | £252,524 | 193 |
| 2013 | £165,000 | £237,419 | 201 |
| 2012 | £160,000 | £235,500 | 177 |
| 2011 | £156,000 | £235,500 | 187 |
| 2010 | £155,800 | £244,335 | 135 |
| 2009 | £145,000 | £233,089 | 133 |
| 2008 | £162,000 | £265,552 | 133 |
| 2007 | £171,000 | £290,064 | 173 |
| 2006 | £155,000 | £269,060 | 174 |
| 2005 | £140,000 | £249,144 | 161 |
| 2004 | £136,000 | £247,003 | 145 |
| 2003 | £123,000 | £226,596 | 145 |
| 2002 | £98,000 | £184,386 | 151 |
| 2001 | £80,000 | £153,796 | 149 |
| 2000 | £72,500 | £142,281 | 125 |
| 1999 | £57,800 | £115,192 | 161 |
| 1998 | £52,500 | £105,975 | 130 |
| 1997 | £52,400 | £107,462 | 147 |
| 1996 | £47,500 | £100,175 | 142 |
| 1995 | £48,000 | £104,345 | 129 |
In cash terms the typical NR5 0 home went from £48,000 in 1995 to £300,000 in 2026, roughly 6 times the price. Inflation explains only part of it: in today's money the rise is still about 188%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2021. The market now sits about 12% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NR5 0 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2003 (+25.5% on the year before); the weakest, 2009 (−10.5%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +11.3% | +8.7% |
| 5 years (since 2021) | +2.1% | −2.6% |
| 10 years (since 2016) | +2.9% | −0.5% |
| 20 years (since 2006) | +3.4% | +0.5% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
How many homes change hands in NR5 0
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
Over the last twelve months of data, 51 sales completed in NR5 0. Turnover has held fairly steady across the cycle: about 134 sales a year recently, against 153 a year before 2008. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
Reading the NR5 0 market
Only 51 sales completed here in the last twelve months of data, which makes NR5 0 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Within NR5, this sector trades 15% above the district median: one of the dearer corners of its district.
The rental side of NR5 0
NR5 0 falls under South Norfolk, where the ONS puts the average private rent at £981 a month (May 2026 figures). A one-bed averages £696 a month here and a four-or-more-bed £1,574, so size does most of the work in setting the rent.
Average monthly rent by size, South Norfolk
ONS Price Index of Private Rents, May 2026.
Set against the £300,000 median sold price, £981 a month is £11,772 a year, a gross yield of 3.9%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
What people ask about NR5 0 (Costessey)
Is NR5 0 (Costessey) a good place to buy a house?
How much did a house sell for in NR5 0 (Costessey)?
Are property prices falling in NR5 0 (Costessey)?
Are NR5 0 prices heading up or down?
The record answers a different question than "what happens next": the median is up 11% over five years in cash but down 12% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
What you could buy in NR5 now
This is what you could actually buy today: 100 homes currently on the market from 5 agents publishing to HomesIndex.
These cover the whole NR5 district, not just NR5 0: live asking prices are collected per district.
Of everything listed here, 40% asks less than the sold record of comparable homes. Each listing is compared with recent recorded sales of similar homes nearby.
- Earlham Green Lane, Norwich
- Christopher Court Malbrook Road, Norwich, Norwich
- Grove Avenue, New Costessey, Norwich, Norwich
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every NR5 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Moving up a bedroom in NR: the cost
What homes of each size actually sold for across the NR area, from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £280,000 | £375,246 (+34%) | £545,000 (+45%) | £750,000 (+38%) |
| Semi-detached | £210,000 | £245,000 (+17%) | £289,950 (+18%) | £375,000 (+29%) | £515,000 (+37%) |
| Terraced | £185,000 | £215,000 (+16%) | £245,000 (+14%) | £335,000 (+37%) | £423,750 (+26%) |
| Flat | £140,000 | £182,500 (+30%) | £280,000 (+53%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the NR area is the point: the same five years treated these districts very differently.
Five-year change in the median, NR area districts
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in NR5
A few minutes' walk can separate two very different markets. Here are NR5's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NR5 8 | £225,000 | 25 |
| NR5 9 | £227,500 | 25 |
Zoom out to the full NR5 district report for the type split, monthly volumes and how NR5 compares with its neighbours.
Selling in NR5 0? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at NR5 0's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim NR5 0.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NR5 0. Free, with a one click sign in.
Two maps carry on from here: every NR5 0 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.