Housing Market Analysis for PENNY GREEN LANE, NR16 1BD

Are you looking to understand NR16 1BD 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 South Norfolk postcode.

For the location information and nearby amenities in the NR16 1BD area, explore the NR16 1BD Area information page.
For comprehensive crime statistics in the NR16 1BD area, explore the NR16 1BD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR16 1BD postcode area, The average prices are as follows,

  • Detached
    • The average price is around £535,000 median price is £535,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £535,000 with Total Sold: 1
    • The most recent sale happened at this postcode is WHITE HOUSE PENNY GREEN LANE: £535,000 (Sold on 08 Oct 2021)
    • The first recorded sale happened at this postcode is WHITE HOUSE PENNY GREEN LANE: £535,000 (Sold on 08 Oct 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average NR16 1BD 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£535,000 £3,567 1

All the Sales in the PENNY GREEN LANE, NR16 1BD

See the table below for more details on the sold house prices in the NR16 1BD, South Norfolk postcode.

AddressSold DatePrice% Change
WHITE HOUSE PENNY GREEN LANEDetached, FreeholdArea: 150 Sq.mtrAge: before 190008 Oct 2021£535,000First Sale

Check out the sold house prices near the NR16 1BD postcode. Properties currently for saleProperties currently for rent

PENNY GREEN LANE, NR16 1BD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR16 1BD 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 NR16 1BD postcode.

  • Detached
    • The average price is around £431,355 median price is £410,000 Standard Deviation is £237,398 with Total Sold: 38
    • The Last 5 Year average price is £594,909 with Total Sold: 11
    • The most recent sale happened at this postcode is , NORFOLK COTTAGE WYMONDHAM ROAD: £605,000 (Sold on 28 Sep 2023)
    • The first recorded sale happened at this postcode is , FAIRVIEW WYMONDHAM ROAD: £210,000 (Sold on 03 Mar 1995)
  • Other
    • The average price is around £475,000 median price is £475,000 Standard Deviation is £350,000 with Total Sold: 2
    • The Last 5 Year average price is £475,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , FIR GROVE HETHEL ROAD: £825,000 (Sold on 02 Sep 2022)
    • The first recorded sale happened at this postcode is , RUSSET HOUSE WYMONDHAM ROAD: £125,000 (Sold on 05 Feb 2020)
  • Semi-Detached
    • The average price is around £136,175 median price is £130,000 Standard Deviation is £66,618 with Total Sold: 13
    • The Last 5 Year average price is £230,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 10 PENNY GREEN: £230,000 (Sold on 11 May 2020)
    • The first recorded sale happened at this postcode is , LILAC COTTAGE WYMONDHAM ROAD: £69,000 (Sold on 15 Aug 1997)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£649,667 £3,825 3
2022£450,0001
2021£445,000 £3,900 3
2020£833,333 £3,012 3
2019£310,000 £3,563 1
2018£608,167 £3,342 3
2016£285,000 £2,478 1
2014£580,500 £1,682 2
2013£650,000 £2,025 1
2012£525,000 £3,178 2
2010£495,000 £1,884 1
2007£383,500 £1,618 2
2006£382,500 £2,215 2
2005£410,000 £1,464 2
2003£228,7502
2002£285,0001
2000£170,000 £1,049 1
1999£194,250 £972 2
1998£137,0001
1997£60,0001
1996£220,0001
1995£156,000 £521 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£825,0001
2020£125,000 £536 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£230,000 £2,614 1
2017£217,500 £2,238 2
2012£145,500 £1,641 1
2009£130,0001
2007£223,0001
2003£166,0001
2002£41,325 £466 1
2001£102,0001
1999£78,000 £1,130 1
1997£73,150 £1,000 3

House Type in NR16 1BD area

The most common house types in the NR16 1BD postcode area are Detached (105), Semi-detached (29), and Terraced (1).

Total135
Detached105
Semi-detached29
Terraced1
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (84), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright84
Owned: Owns with a mortgage or loan39
Private rented: Private landlord or letting agency6
Private rented: Other private rented3
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NR16 1BD have 2 people in household (69), and 1 person in household (27).

2 people in household69
1 person in household27
3 people in household22
4 people in household11
5 people in household3
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0