Costessey presents an unusual active market profile as of 27 September 2026. The village has 2 properties currently listed for sale, both priced at £1,000,000, creating an average asking price of £1,000,000 across a tight price range of £1,000,000 to £1,000,000.
Neither home has gone under offer, leaving 0 sold subject to contract and both properties still actively available. This generates an SSTC rate of 0.0%, categorising local activity as an Extreme Buyers’ Market. Despite this, the average time on market sits at 107 days, reflecting relatively concise listing durations compared to wider regional benchmarks.
Key metrics for Costessey recorded on 27 September 2026:
Current tracking shows a clear pause in deal progression for higher-value active stock in Costessey. With an SSTC rate of 0.0% across 2 active listings, incoming purchasers are taking time to commit, preventing any immediate forward transaction momentum.
Listing exposure averages 107 days. Because both available properties occupy the £1,000,000 price point, asking price trends reflect exclusive upper-tier inventory rather than the broader mix seen in historical Land Registry completions.
Costessey is positioned as an Extreme Buyers’ Market. With 0 of the 2 active listings secured under contract, buyers interested in the village face zero competition from pending transactions.
This zero per cent SSTC standing gives prospective purchasers substantial leverage, as sellers with homes listed at £1,000,000 must work to capture buyer interest against completely uncommitted active stock.
Momentum in the village is currently static. The complete absence of agreed sales across the 2 active listings indicates that transaction velocity has cooled at this price level.
An average marketing span of 107 days shows that while homes are not lingering indefinitely, conversion from listing to accepted offer is proving slow in this specific pricing tier.
Current conditions provide buyers with exceptional negotiating power. An SSTC rate of 0.0% and an Extreme Buyers’ Market setting mean vendors have yet to establish accepted pricing on current inventory.
Buyers reviewing the £1,000,000 asking figures can approach discussions methodically, using the 107 days on market and the lack of competing agreed offers to structure measured bids.
At The Ivybridge Collection, our focus on Costessey centres on understanding the clear separation between daily village transactions and premium listing performance.
While active marketing currently highlights properties at £1,000,000, our local casework continuously draws on the village’s historic core near the River Wensum and established communities around Longwater to give buyers and sellers grounded, pragmatic valuation advice.
A detailed reading of Costessey reveals a sharp divergence between active marketing listings and completed transactions. Current active stock is restricted to 2 listings at £1,000,000, with an average marketing duration of 107 days and an SSTC rate of 0.0%.
In contrast, recorded Land Registry completions demonstrate that transactional volume historically clears across mid-market bands. Recent completed values span from £185,000 up to £420,000, showing that upper-bracket listings must compete in a very different buyer segment.
For buyers considering Costessey, navigating the village requires an understanding of distinct micro-locations, from the rural lanes of Old Costessey to the modern family developments of Queen’s Hills.
With only 2 homes currently on the open market, both at £1,000,000 and waiting for offers, buyers in this bracket have space to conduct rigorous structural surveys, review boundary details, and negotiate terms without the immediate pressure of bidding rivalries.
Our considered perspective is that Costessey remains a versatile, well-connected community, but its top-tier pricing must align with local demand realities. The 0.0% SSTC rate highlights that premium homes need clear presentation and realistic positioning to translate viewings into offers.
For owners, successful disposal requires acknowledging that listing figures above the broader county norms require patience and acute attention to buyer feedback.
Investors reviewing Costessey must weigh current active price points against realised sale values. Active inventory stands at £1,000,000 with 0 agreed sales out of 2 homes, signaling a quiet stretch for high-value speculative capital.
However, completed Land Registry transactions, including terraced houses between £278,000 and £420,000 alongside flats at £185,000, highlight that the underlying rental and owner-occupier market operates within steady, lower-capital bands.
Costessey’s active inventory currently reflects a uniform profile, consisting of 2 properties both marketed at £1,000,000. This concentrates the asking segment entirely at the top of the local spectrum.
In completed Land Registry records, property types show a broader spread across 6 sales: 2 detached houses (£345,000 and £410,000), 3 terraced properties (£278,000, £290,000, and £420,000), and 1 flat at £185,000, demonstrating that completed pricing varies considerably by home size.
At present, there are 2 properties listed for sale in Costessey. Both properties are actively available, with 0 recorded as sold subject to contract.
Both residences share an identical price tag of £1,000,000, creating an asking range of £1,000,000 to £1,000,000, with an average marketing period of 107 days.
Recent completed transactions registered with HM Land Registry for Costessey illustrate transactional activity across several housing categories:
These 6 completed sales comprise 2 detached houses, 3 terraced homes, and 1 flat.
When evaluated against the wider Norfolk county average of £858,501 across 341 recorded areas, Costessey’s current average asking price of £1,000,000 is higher by £141,499, representing a 16.5% premium.
Regarding marketing timeframes, properties in Costessey spend an average of 107 days on the market, which is 139 days fewer than the Norfolk average of 246 days.
Neighbouring locations offer contrasting price levels and market momentum. To the east, Hellesdon records an average price of £254,500, which is £745,500 lower than Costessey, alongside a healthy SSTC rate of 30.0%.
Directly south, Bawburgh holds a higher average price of £1,850,000, sitting £850,000 above Costessey, with an identical SSTC rate of 0.0%. To the north, Drayton shows an average asking figure of £1,310,000, standing £310,000 higher than Costessey, with an SSTC rate of 20.0%.
Costessey sits on the western fringes of Norwich, offering an attractive blend of historic village charm and convenient suburban amenity. Old Costessey features characterful riverside lanes, parish greens, and traditional brick-and-flint architecture near the River Tud and River Wensum.
In contrast, newer developments such as Queen’s Hills provide modern infrastructure, primary schooling, and immediate access to retail options at Longwater. With countryside walks extending towards the Marlingford valley and swift links to the A47, the settlement balances rural breathing space with straightforward access to central Norwich.
Selling a property in Costessey requires careful pricing clarity, particularly when marketing higher-value homes. With an active SSTC rate of 0.0% and local conditions graded as an Extreme Buyers’ Market, buyers are unwilling to chase inflated asking numbers.
Vendors must distinguish their property with thorough documentation, professional presentation, and a realistic valuation strategy that reflects the 107-day average selling timeline.
Choosing representation in Costessey demands an agent who appreciates the micro-markets within the village. Our approach at The Ivybridge Collection is built on rigorous analysis and clear communication rather than generic sales optimism.
By monitoring actual Land Registry completions alongside on-market competition, we guide clients through complex market environments with accurate positioning and disciplined marketing execution.
Our regional presence across Norfolk provides us with direct familiarity with Costessey’s diverse residential pockets, including Townhouse Road, Longwater Lane, and the newer residential avenues of Queen’s Hills.
This ongoing presence ensures our advisory service is informed by actual viewing patterns and buyer engagement across the immediate Norwich periphery.
For homeowners preparing to sell in Costessey, professional valuation must be grounded in verified transaction evidence. While asking figures for current listings stand at £1,000,000, recent completed Land Registry transactions show detached properties clearing at £345,000 and £410,000.
Sellers who test the upper price limits must ensure high specification throughout and prepare for an average marketing period around 107 days, adjusting expectations to navigate current buyer selectivity.
This report compiles market data for Costessey as of 27 September 2026. All on-market indicators, including the £1,000,000 average price, 2 active listings, 0 SSTC sales, and 107 days on market, reflect live portal tracking.
Completed transaction records are sourced directly from HM Land Registry, and comparative regional benchmarks are derived from 341 surveyed areas across Norfolk.
If you are planning to buy or sell in Costessey and want an objective, evidence-based assessment of your property’s value, contact our team today to arrange a detailed consultation.
To review wider market patterns across neighbouring communities, explore our detailed reports for Hellesdon and Bawburgh, or read our latest property market overview for Drayton.
