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Costessey market report NR5 9, Norwich
The NR5 9 (Costessey) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 4,135 sales recorded by HM Land Registry in NR5 9 (Norwich) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the middle 2026 sale in NR5 9 (Norwich) came in at £227,500, out of 25 registered, up 1% on five years earlier, and the mean stands at £243,600, and by floor area homes here have averaged about £2,960 per square metre over the last five years. The record behind it is 4,135 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
NR5 9 is a postcode sector: one group of streets inside NR5 (Norwich). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where NR5 9 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 a home in NR5 9 sells for
In the NR5 9 property market, the 2026 median sale price is £227,500, from 25 registered sales; the mean, the "average house price" most sites quote, is £243,600, sitting somewhat above it, as happens wherever a market carries an expensive tail.
NR5 9 prices by floor area
By floor space, homes in NR5 9 have sold for about £2,960 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.
Set against the £285,000 England and Wales median, NR5 9 sits 20% below the national market.
The price of a typical NR5 9 home, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £227,500 | £227,500 | 25 |
| 2025 | £236,800 | £242,463 | 90 |
| 2024 | £227,600 | £241,986 | 70 |
| 2023 | £240,000 | £263,701 | 60 |
| 2022 | £232,000 | £272,046 | 79 |
| 2021 | £225,000 | £284,879 | 155 |
| 2020 | £200,000 | £259,504 | 84 |
| 2019 | £187,000 | £245,112 | 79 |
| 2018 | £194,000 | £258,606 | 96 |
| 2017 | £180,500 | £246,184 | 110 |
| 2016 | £173,000 | £242,029 | 116 |
| 2015 | £165,500 | £233,852 | 114 |
| 2014 | £159,000 | £225,569 | 127 |
| 2013 | £140,000 | £201,446 | 105 |
| 2012 | £140,000 | £206,063 | 78 |
| 2011 | £139,000 | £209,837 | 100 |
| 2010 | £146,500 | £229,750 | 88 |
| 2009 | £133,500 | £214,602 | 100 |
| 2008 | £150,000 | £245,882 | 99 |
| 2007 | £154,000 | £261,227 | 182 |
| 2006 | £146,700 | £254,652 | 264 |
| 2005 | £140,000 | £249,144 | 281 |
| 2004 | £133,000 | £241,554 | 259 |
| 2003 | £121,500 | £223,832 | 278 |
| 2002 | £97,000 | £182,505 | 271 |
| 2001 | £76,700 | £147,452 | 266 |
| 2000 | £58,800 | £115,395 | 120 |
| 1999 | £46,000 | £91,676 | 104 |
| 1998 | £43,000 | £86,799 | 82 |
| 1997 | £45,000 | £92,286 | 93 |
| 1996 | £42,400 | £89,420 | 112 |
| 1995 | £37,700 | £81,954 | 48 |
In cash terms the typical NR5 9 home went from £37,700 in 1995 to £227,500 in 2026, roughly 6 times the price. Adjusted for inflation it still comes to a real rise of roughly 178%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2021; the current median sits about 20% below that. Someone who bought at the 2021 peak has not yet seen that price back in real terms.
Year-on-year change in the NR5 9 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 2001 (+30.4% on the year before); the weakest, 2009 (−11.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What NR5 9 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −3.9% | −6.2% |
| 5 years (since 2021) | +0.2% | −4.4% |
| 10 years (since 2016) | +2.8% | −0.6% |
| 20 years (since 2006) | +2.2% | −0.6% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
The turnover behind the prices
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.
The register shows 25 NR5 9 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 240 sales a year before the financial crisis and 65 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
Rents around NR5 9
The local authority for NR5 9 is Norwich, and its ONS average private rent currently stands at £1,152 a month (May 2026 figures). Size sets most of the rent: one-beds average £784 a month here against £1,594 for four or more bedrooms.
Average monthly rent by size, Norwich
ONS Price Index of Private Rents, May 2026.
Against the £227,500 median purchase price, a rent of £1,152 a month (£13,824 a year) works out at a 6.1% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
The shape of the NR5 9 market
Only 25 sales completed here in the last twelve months of data, which makes NR5 9 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 12% below the district median: one of its district's cheaper corners.
NR5 9 (Costessey): the questions that come up
Are property prices falling in NR5 9 (Costessey)?
Is NR5 9 (Costessey) a good place to buy a house?
How much did a house sell for in NR5 9 (Costessey)?
Are NR5 9 prices heading up or down?
Prediction is not this page's business. Its business is the record, which says: the median is roughly flat over five years in cash but down 20% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
On the market in NR5 today
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 9: live asking prices are collected per district.
40% of current listings sit under the prices comparable homes actually fetched. Every listing is measured against recent recorded sales of similar nearby homes.
- Earlham Green Lane, Norwich
- Christopher Court Malbrook Road, Norwich, Norwich
- Grove Avenue, New Costessey, Norwich, Norwich
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
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.
What another bedroom costs in NR
The Land Registry record, split by size: what each kind of home actually sold for across the NR area. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| 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. Blank cells mean too few homes for the figure to mean anything.
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
Cash-terms risers and fallers across the area; click any row for that district's full 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 0 | £300,000 | 51 |
| NR5 8 | £225,000 | 25 |
Zoom out to the full NR5 district report for the type split, monthly volumes and how NR5 compares with its neighbours.
Before you sell in NR5 9: what the record supports
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NR5 9, open the average prices map and zoom from the NR5 9 shading down to the sold homes on your own street. Every recorded NR5 9 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working NR5 9: the featured spot on this report is free for founding agents, one per district. Claim NR5 9.
Dig further
The AI answers from the same Land Registry data this report is built on, already scoped to NR5 9. Free after a one click sign in.
See every individual NR5 9 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.