Housing Market Analysis for MILL LANE, NR16 1BL

Are you looking to understand NR16 1BL 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 1BL area, explore the NR16 1BL Area information page.
For comprehensive crime statistics in the NR16 1BL area, explore the NR16 1BL Crime Rates page.

Overview of Sold House prices

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

  • Detached
    • The average price is around £254,999 median price is £254,999 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is ASHFIELD MILL LANE: £254,999 (Sold on 03 Sep 1999)
    • The first recorded sale happened at this postcode is ASHFIELD MILL LANE: £254,999 (Sold on 03 Sep 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NR16 1BL 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
1999£254,9991

All the Sales in the MILL LANE, NR16 1BL

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

AddressSold DatePrice% Change
ASHFIELD MILL LANEDetached, Freehold03 Sep 1999£254,999First Sale

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

MILL LANE, NR16 1BL Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £197,299 median price is £185,000 Standard Deviation is £99,611 with Total Sold: 29
    • The Last 5 Year average price is £274,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , 38 MILLSIDE: £175,000 (Sold on 26 Jan 2024)
    • The first recorded sale happened at this postcode is , 2 FOLGATE: £30,000 (Sold on 09 Jun 1997)
  • Other
    • The average price is around £179,480 median price is £135,000 Standard Deviation is £184,809 with Total Sold: 10
    • The Last 5 Year average price is £107,441 with Total Sold: 6
    • The most recent sale happened at this postcode is , UNIT 25 ASHWELLTHORPE INDUSTRIAL ESTATE: £150,000 (Sold on 31 Oct 2023)
    • The first recorded sale happened at this postcode is , THE OLD STATION ASHWELLTHORPE INDUSTRIAL ESTATE: £55,150 (Sold on 29 Aug 2013)
  • Detached
    • The average price is around £257,078 median price is £249,950 Standard Deviation is £136,401 with Total Sold: 65
    • The Last 5 Year average price is £414,714 with Total Sold: 7
    • The most recent sale happened at this postcode is , SNOWDROP HOUSE TOP ROW: £425,000 (Sold on 10 Mar 2023)
    • The first recorded sale happened at this postcode is , BANK COTTAGE TOP ROW: £72,000 (Sold on 10 Apr 1995)
  • Terraced
    • The average price is around £110,817 median price is £87,500 Standard Deviation is £34,758 with Total Sold: 3
    • The most recent sale happened at this postcode is , IVY COTTAGE ASHWELLTHORPE ROAD: £85,000 (Sold on 16 Oct 2009)
    • The first recorded sale happened at this postcode is 1, RUSHOLME TOP ROW: £159,950 (Sold on 25 Nov 2005)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£175,000 £3,302 1
2023£320,000 £3,556 1
2022£290,000 £3,021 1
2021£292,500 £3,047 2
2018£250,000 £2,604 2
2017£249,995 £2,604 1
2016£322,500 £4,574 1
2015£300,000 £2,098 1
2014£185,000 £1,927 1
2013£143,165 £1,556 1
2010£157,000 £1,744 1
2009£121,000 £1,419 2
2007£332,5002
2006£201,250 £2,215 4
2004£300,0001
2003£122,000 £2,542 1
2001£96,0001
2000£72,000 £973 1
1999£40,0001
1998£53,0001
1997£49,500 £979 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£150,0001
2021£80,0001
2020£45,0001
2019£123,2153
2017£705,000 £2,913 1
2016£195,0002
2013£55,1501
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£425,000 £4,722 1
2021£444,333 £3,088 3
2020£377,500 £2,530 2
2019£390,0001
2018£430,833 £3,218 6
2017£279,000 £3,337 2
2016£428,750 £2,814 2
2015£190,000 £2,596 1
2014£378,375 £2,227 4
2013£257,500 £1,739 3
2012£228,000 £2,461 5
2011£247,000 £870 1
2009£254,250 £2,643 2
2008£284,000 £1,614 1
2007£249,950 £2,500 1
2006£268,333 £1,697 3
2005£218,620 £2,085 5
2004£229,500 £1,587 2
2003£129,250 £1,227 2
2002£80,0001
2001£154,875 £1,030 8
2000£145,0001
1999£146,833 £386 3
1998£60,000 £674 1
1997£104,500 £819 2
1996£40,0001
1995£72,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£85,000 £1,295 1
2008£87,5001
2005£159,9501

House Type in NR16 1BL area

The most common house types in the NR16 1BL 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 1BL 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