marketcodeAsking rent
£1,562 a month 12 months to Jul 2026
894 lets
Postcode district
NR5 rental market
Asking rent £1,562 a month · Gross yield 6.4% · 12 months, listings to Aug 2026
What is NR5?
- Buildings
- 7,362
- Mixed-use buildings
- 37%
- HMO-shaped units
- 1.3%
What does NR5 earn?
NR5: asking rent £1,562 a month (12 months to Jul 2026, 894 lets).
Gross yield, asking basis
6.4% 12 months to Aug 2026
1,315 lets
+7.7% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
275 on 21 Sep 2026
How does NR5 vary by home size?
Asking rent in NR5 runs from £554 a month for 1 bedroom to £2,407 a month for 5+ bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £554 a month | 12 months to Aug 2026 | -1.9% on the previous 12 months | 366 |
| 2 bedrooms | £1,080 a month | 12 months to Aug 2026 | +5.7% on the previous 12 months | 105 |
| 3 bedrooms | £1,331 a month | 12 months to Aug 2026 | +1.3% on the previous 12 months | 189 |
| 4 bedrooms | £1,796 a month | 12 months to Aug 2026 | +4.2% on the previous 12 months | 268 |
| 5+ bedrooms | £2,407 a month | 12 months to Aug 2026 | -6.3% on the previous 12 months | 379 |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns NR5?
Corporate landlords hold 61% of the 904 units in NR5 whose freeholder is classified; 94% of all units are not yet classified.
- Corporate landlords61% of classified · 551 units
- Individuals (not traceable in bulk)33% of classified · 301 units
- Housing associations5.2% of classified · 47 units
- RMC0.6% of classified · 5 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does NR5 rank?
NR5 ranks 2nd of 5 postcode districts in Norwich for asking rent, at £1,562 a month.
Asking rent · postcode districts in Norwich
NR5 ranks 2nd of 5 postcode districts in Norwich for asking rent, at £1,562 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | NR4 | £1,680 a month | 673 | measured |
| 2 | NR5 | £1,562 a month | 894 | measured |
| 3 | NR2 | £1,190 a month | 928 | measured |
| 4 | NR1 | £1,060 a month | 841 | measured |
| 5 | NR3 | £1,002 a month | 572 | measured |
Full table: asking rent across postcode districts in Norwich →
Gross yield, asking basis · postcode districts in Norwich
NR5 ranks 1st of 5 postcode districts in Norwich for gross yield, asking basis, at 6.4%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | NR5 | 6.4% | 1,315 | measured |
| 2 | NR1 | 5.9% | 1,520 | measured |
| 3 | NR3 | 5.5% | 917 | measured |
| 4 | NR2 | 5.3% | 1,457 | measured |
| 5 | NR4 | 5.1% | 956 | measured |
Full table: gross yield, asking basis across postcode districts in Norwich →
Where next from NR5?
- NorwichThe wider market this area sits in.
- NR1Neighbouring postcode district · £3,259/m²
- NR2Neighbouring postcode district · £3,157/m²
- NR3Neighbouring postcode district · £3,298/m²
- NR4Neighbouring postcode district · £4,102/m²
- NR6Next door, in another authority · £3,602/m²
- NR8Next door, in another authority · £3,892/m²
- NR9Next door, in another authority · £4,056/m²
- NR10Next door, in another authority · £3,823/m²
Questions about NR5
- What is the average rent in NR5?
- Homes to let in NR5 asked a median £1,562 a month over the 12 months to Jul 2026, 894 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in NR5?
- 6.4% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 1,315 lets. +7.7% on the previous 12 months.
Everything else about NR5
- Properties in NR5Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in NR5Footprints, heights and the units inside them.
- Land and plots in NR5Registered parcels with their area, tenure and what stands on them.
- Homes for sale in NR5What is on the market right now, with the evidence beside each asking price.
- Homes to rent in NR5What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in NR5Registered completions from Price Paid, newest first.
- Planning applications in NR5What was proposed, who decided it and whether it was approved.
- Estate agents active in NR5Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 894 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 1,315 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 21 Sep 2026 | 21 Sep 2026 | — |