Housing Market Analysis for OLD SCHOOL CLOSE, NR5 8BU

Are you looking to understand NR5 8BU house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Norwich postcode.

For the location information and nearby amenities in the NR5 8BU area, explore the NR5 8BU Area information page.
For comprehensive crime statistics in the NR5 8BU area, explore the NR5 8BU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR5 8BU postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £155,206 median price is £147,475 Standard Deviation is £27,840 with Total Sold: 34
- The Last 5 Year average price is £210,000 with Total Sold: 4
- The most recent sale happened at this postcode is 28 OLD SCHOOL CLOSE: £230,000 (Sold on 21 Jun 2022)
- The first recorded sale happened at this postcode is 1 OLD SCHOOL CLOSE: £131,950 (Sold on 30 Sep 2005)
Terraced
- The average price is around £141,446 median price is £131,950 Standard Deviation is £23,188 with Total Sold: 13
- The Last 5 Year average price is £187,000 with Total Sold: 1
- The most recent sale happened at this postcode is 6 OLD SCHOOL CLOSE: £187,000 (Sold on 30 Oct 2020)
- The first recorded sale happened at this postcode is 9 OLD SCHOOL CLOSE: £131,950 (Sold on 25 Nov 2005)
Detached
- The average price is around £134,950 median price is £134,950 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 22 OLD SCHOOL CLOSE: £134,950 (Sold on 10 Mar 2006)
- The first recorded sale happened at this postcode is 22 OLD SCHOOL CLOSE: £134,950 (Sold on 10 Mar 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average NR5 8BU house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£230,000	£3,594	1
2021	£205,000	£3,608	2
2020	£200,000	£3,077	1
2018	£186,500	£3,221	2
2017	£192,000	£2,376	1
2016	£166,000	£2,912	1
2015	£166,000	£2,594	1
2014	£164,333	£2,362	3
2013	£148,000	£2,596	1
2009	£141,125	£1,950	4
2007	£160,500	£3,404	3
2006	£133,475	£1,815	2
2005	£132,171	£2,009	12

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£187,000	£3,016	1
2017	£174,500	£3,019	2
2014	£148,500	£2,395	1
2008	£137,000		1
2007	£154,995	£2,672	1
2005	£123,186	£2,078	7

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£134,950		1

All the Sales in the OLD SCHOOL CLOSE, NR5 8BU

See the table below for more details on the sold house prices in the NR5 8BU, Norwich postcode.

Address	Sold Date	Price	% Change
28 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 2003-2006	21 Jun 2022	£230,000	38.55%
	23 Jun 2015	£166,000	3.75%
	22 Aug 2007	£160,000	18.56%
	20 Dec 2005	£134,950	First Sale
4 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 56.66 Sq.mtrAge: 2003-2006	03 Dec 2021	£210,000	56.72%
	21 Dec 2009	£134,000	11.67%
	25 Nov 2005	£119,999	First Sale
3 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 57 Sq.mtrAge: 2003-2006	08 Feb 2021	£200,000	6.38%
	21 Aug 2018	£188,000	27.03%
	09 Dec 2013	£148,000	-6.92%
	30 Nov 2007	£159,000	29.80%
	11 Nov 2005	£122,500	First Sale
6 OLD SCHOOL CLOSETerraced, FreeholdArea: 62 Sq.mtrAge: 2003-2006	30 Oct 2020	£187,000	25.93%
	10 Feb 2014	£148,500	21.22%
	30 Nov 2005	£122,500	First Sale
14 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 2003-2006	06 Mar 2020	£200,000	43.88%
	02 Oct 2009	£139,000	3.00%
	08 Dec 2005	£134,950	First Sale
2 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 58.84 Sq.mtrAge: 2003-2006	16 Jul 2018	£185,000	51.02%
	04 Nov 2005	£122,500	First Sale
1 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 80.8 Sq.mtrAge: 2003-2006	06 Oct 2017	£192,000	16.36%
	11 Jul 2014	£165,000	20.88%
	03 Sep 2009	£136,500	3.45%
	30 Sep 2005	£131,950	First Sale
7 OLD SCHOOL CLOSETerraced, FreeholdArea: 57.6 Sq.mtrAge: 2003-2006	31 Mar 2017	£170,000	38.78%
	01 Dec 2005	£122,500	First Sale
8 OLD SCHOOL CLOSETerraced, FreeholdArea: 58 Sq.mtrAge: 2003-2006	30 Jan 2017	£179,000	15.49%
	05 Oct 2007	£154,995	29.22%
	30 Nov 2005	£119,950	First Sale
27 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 57 Sq.mtrAge: 2003-2006	28 Jan 2016	£166,000	38.39%
	22 Dec 2005	£119,950	First Sale
29 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 2003-2006	12 Sep 2014	£170,000	4.62%
	12 Sep 2007	£162,500	22.64%
	21 Oct 2005	£132,500	First Sale
5 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 2003-2006	06 Feb 2014	£158,000	19.74%
	23 Nov 2005	£131,950	First Sale
23 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 96.4 Sq.mtrAge: 2003-2006	04 Sep 2009	£155,000	5.48%
	30 Jan 2006	£146,950	First Sale
10 OLD SCHOOL CLOSETerraced, Freehold	13 Nov 2008	£137,000	11.43%
10 OLD SCHOOL CLOSETerraced, Freehold	30 Nov 2005	£122,950	First Sale
22 OLD SCHOOL CLOSEDetached, Freehold	10 Mar 2006	£134,950	First Sale
21 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 57 Sq.mtrAge: 2003-2006	10 Mar 2006	£120,000	First Sale
24 OLD SCHOOL CLOSESemi-Detached, Freehold	22 Dec 2005	£145,750	First Sale
25 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 2003-2006	21 Dec 2005	£144,500	First Sale
26 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 2003-2006	21 Dec 2005	£144,550	First Sale
11 OLD SCHOOL CLOSETerraced, FreeholdArea: 59 Sq.mtrAge: 2003-2006	09 Dec 2005	£122,950	First Sale
12 OLD SCHOOL CLOSETerraced, FreeholdArea: 56 Sq.mtrAge: 2003-2006	02 Dec 2005	£119,500	First Sale
9 OLD SCHOOL CLOSETerraced, Freehold	25 Nov 2005	£131,950	First Sale

Check out the sold house prices near the NR5 8BU postcode. Properties currently for saleProperties currently for rent

OLD SCHOOL CLOSE, NR5 8BU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR5 8BU postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NR5 8BU postcode.

Flat
- The average price is around £91,288 median price is £95,000 Standard Deviation is £42,745 with Total Sold: 280
- The Last 5 Year average price is £134,615 with Total Sold: 39
- The most recent sale happened at this postcode is , 41 GODRIC PLACE: £145,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 17 DELL CRESCENT: £20,000 (Sold on 26 Jan 1995)
Detached
- The average price is around £202,215 median price is £188,500 Standard Deviation is £113,100 with Total Sold: 355
- The Last 5 Year average price is £352,677 with Total Sold: 31
- The most recent sale happened at this postcode is , 139 RANWORTH ROAD: £270,000 (Sold on 06 Aug 2024)
- The first recorded sale happened at this postcode is , 356 DEREHAM ROAD: £56,000 (Sold on 27 Jan 1995)
Terraced
- The average price is around £146,611 median price is £136,500 Standard Deviation is £75,487 with Total Sold: 378
- The Last 5 Year average price is £240,413 with Total Sold: 60
- The most recent sale happened at this postcode is , 36 BIXLEY CLOSE: £195,000 (Sold on 01 Aug 2024)
- The first recorded sale happened at this postcode is , 6 FARROW ROAD: £39,500 (Sold on 31 Mar 1995)
Semi-Detached
- The average price is around £156,229 median price is £153,000 Standard Deviation is £71,641 with Total Sold: 593
- The Last 5 Year average price is £254,511 with Total Sold: 72
- The most recent sale happened at this postcode is , 448 EARLHAM ROAD: £452,500 (Sold on 13 Jun 2024)
- The first recorded sale happened at this postcode is , 12 TOLLHOUSE ROAD: £46,500 (Sold on 06 Jan 1995)
Other
- The average price is around £493,870 median price is £260,000 Standard Deviation is £536,867 with Total Sold: 11
- The Last 5 Year average price is £275,000 with Total Sold: 2
- The most recent sale happened at this postcode is GARAGE ASSOCIATED WITH, 75 WHISTLEFISH COURT: £390,000 (Sold on 11 Oct 2023)
- The first recorded sale happened at this postcode is , 1 STANFORD COURT: £215,000 (Sold on 03 Jul 2014)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£136,200	£2,209	5
2023	£158,571	£2,899	7
2022	£133,091	£2,870	11
2021	£119,750	£2,326	12
2020	£139,500	£2,315	4
2019	£119,750	£2,056	6
2018	£136,730	£2,357	5
2017	£126,944	£2,720	9
2016	£116,470	£2,258	10
2015	£110,611	£2,157	9
2014	£114,000	£1,919	8
2013	£98,525	£1,742	8
2012	£94,500	£1,672	8
2011	£74,688	£1,460	8
2010	£80,000	£1,882	1
2009	£84,650	£2,403	3
2008	£99,008	£1,920	14
2007	£117,595	£2,245	21
2006	£114,413	£2,169	30
2005	£92,536	£1,802	11
2004	£74,343	£1,690	7
2003	£61,372	£1,428	16
2002	£67,441	£1,320	11
2001	£39,222	£852	9
2000	£37,493	£754	7
1999	£34,525	£703	8
1998	£30,450	£643	5
1997	£26,675	£586	6
1996	£20,714	£467	14
1995	£24,857	£508	7

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£364,800		5
2023	£341,833	£3,384	9
2022	£448,625	£4,415	4
2021	£331,562	£4,372	8
2020	£317,100	£3,303	5
2019	£320,938	£3,684	8
2018	£345,750	£3,211	10
2017	£272,815	£2,252	10
2016	£271,829	£2,434	7
2015	£235,769	£2,419	13
2014	£257,526	£2,225	19
2013	£312,278	£2,601	9
2012	£229,633	£2,324	15
2011	£236,400	£2,221	10
2010	£133,550	£1,630	10
2009	£270,000	£2,291	13
2008	£252,778	£2,808	13
2007	£242,807	£1,965	20
2006	£182,154	£1,888	23
2005	£176,559	£2,056	16
2004	£182,218	£1,686	11
2003	£185,461	£1,636	11
2002	£152,630	£1,522	15
2001	£110,779	£837	7
2000	£103,227	£1,074	11
1999	£101,000	£730	11
1998	£68,250	£575	6
1997	£70,800	£726	30
1996	£63,818	£684	20
1995	£75,417	£696	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£237,857	£3,057	7
2023	£262,722	£3,123	9
2022	£275,139	£3,406	15
2021	£220,131	£2,955	21
2020	£205,681	£2,505	8
2019	£193,786	£2,810	7
2018	£219,688	£2,499	12
2017	£205,778	£2,611	18
2016	£177,263	£2,299	15
2015	£155,000	£2,081	12
2014	£159,815	£1,819	16
2013	£129,965	£1,635	13
2012	£136,833	£1,598	3
2011	£120,275	£1,651	10
2010	£115,674	£1,678	17
2009	£132,908	£2,027	12
2008	£157,549	£1,734	10
2007	£160,466	£1,984	35
2006	£134,016	£1,736	24
2005	£118,324	£1,739	23
2004	£103,928	£1,286	16
2003	£73,510	£1,006	7
2002	£81,017	£976	11
2001	£68,265	£755	13
2000	£61,133	£655	9
1999	£56,960	£558	10
1998	£33,039	£455	8
1997	£60,212	£591	8
1996	£51,625	£489	6
1995	£32,008	£324	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£270,000		4
2023	£278,879	£3,028	14
2022	£263,533	£3,243	15
2021	£233,435	£3,102	23
2020	£251,156	£2,824	16
2019	£215,025	£2,582	20
2018	£207,812	£2,620	16
2017	£201,207	£2,536	21
2016	£178,786	£2,476	22
2015	£170,679	£2,086	24
2014	£172,756	£2,226	23
2013	£158,446	£2,156	24
2012	£158,782	£1,969	11
2011	£141,000	£1,701	20
2010	£137,548	£1,664	21
2009	£166,228	£2,249	27
2008	£143,056	£1,874	9
2007	£159,457	£2,132	61
2006	£153,620	£1,910	51
2005	£136,148	£1,797	45
2004	£114,702	£1,465	19
2003	£113,383	£1,323	15
2002	£102,428	£1,197	18
2001	£60,646	£854	14
2000	£61,991	£810	16
1999	£59,772	£616	9
1998	£47,954	£609	13
1997	£50,800	£418	5
1996	£44,404	£467	11
1995	£45,825	£486	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£390,000		1
2022	£160,000		1
2019	£1,016,500	£2,846	2
2018	£1,540,570		1
2017	£204,750	£1,469	4
2016	£275,000		1
2014	£215,000	£2,263	1

House Type in NR5 8BU area

The most common house types in the NR5 8BU postcode area are Semi-detached (74), Detached (24), and Terraced (15).

Total	114
Semi-detached	74
Detached	24
Terraced	15
Flat	1
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (51), and Owned: Owns with a mortgage or loan (29).

Private rented: Private landlord or letting agency	51
Owned: Owns with a mortgage or loan	29
Social rented: Other social rented	17
Owned: Owns outright	13
Social rented: Rents from council or Local Authority	3
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the NR5 8BU have 2 people in household (42), and 4 people in household (29).

2 people in household	42
4 people in household	29
3 people in household	20
1 person in household	19
5 people in household	4
6 people in household	2
7 people in household	1
8 or more people in household	1
0 people in household	0