Housing Market Analysis for NR16 1BN

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NR16 1BN 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.

    All the Sales in the NR16 1BN

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

    AddressSold DatePrice% Change

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

    NR16 1BN Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £242,123 median price is £210,250 Standard Deviation is £185,709 with Total Sold: 62
      • The Last 5 Year average price is £426,083 with Total Sold: 12
      • The most recent sale happened at this postcode is , HAWTHORNS FLAXLANDS: £275,000 (Sold on 14 Jun 2024)
      • The first recorded sale happened at this postcode is , CORNER HAVEN FLAXLANDS: £64,000 (Sold on 25 Aug 1995)
    • Semi-Detached
      • The average price is around £164,608 median price is £155,500 Standard Deviation is £118,624 with Total Sold: 48
      • The Last 5 Year average price is £370,286 with Total Sold: 7
      • The most recent sale happened at this postcode is , 13 FLAXLANDS ROAD: £307,000 (Sold on 20 Mar 2023)
      • The first recorded sale happened at this postcode is , 4 CHAPEL ROAD: £50,000 (Sold on 24 Nov 1995)
    • Other
      • The average price is around £395,500 median price is £395,500 Standard Deviation is £160,500 with Total Sold: 2
      • The Last 5 Year average price is £395,500 with Total Sold: 2
      • The most recent sale happened at this postcode is , MIDDLE COTTAGE FLAXLANDS: £235,000 (Sold on 21 Jan 2022)
      • The first recorded sale happened at this postcode is , CHURCH FARM FLAXLANDS ROAD: £556,000 (Sold on 21 Apr 2021)
    • Terraced
      • The average price is around £45,000 median price is £45,000 Standard Deviation is £0 with Total Sold: 1
      • The most recent sale happened at this postcode is , MIDDLE COTTAGE FLAXLANDS: £45,000 (Sold on 26 Nov 1999)
      • The first recorded sale happened at this postcode is , MIDDLE COTTAGE FLAXLANDS: £45,000 (Sold on 26 Nov 1999)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£275,0001
    2023£590,000 £3,057 1
    2022£390,000 £3,238 2
    2021£555,600 £2,253 5
    2020£220,000 £2,018 1
    2019£235,000 £2,026 2
    2018£282,0001
    2017£245,000 £2,371 2
    2016£382,000 £1,979 1
    2015£376,500 £1,900 1
    2014£307,500 £2,356 2
    2013£665,0001
    2012£250,000 £1,993 3
    2010£360,000 £2,830 3
    2008£195,0001
    2007£229,5001
    2006£182,875 £1,755 4
    2005£220,000 £1,842 3
    2004£260,000 £1,075 3
    2002£172,700 £1,041 5
    2001£127,000 £1,549 1
    2000£104,583 £723 3
    1999£78,483 £653 3
    1998£67,333 £444 3
    1997£67,975 £712 2
    1996£134,000 £686 2
    1995£103,300 £577 5
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£306,000 £3,224 2
    2022£290,000 £3,371 3
    2021£360,000 £2,338 1
    2019£750,000 £2,373 1
    2017£193,500 £2,805 2
    2016£175,333 £2,417 3
    2015£202,500 £2,177 2
    2014£125,000 £2,232 1
    2013£172,600 £1,591 5
    2011£159,000 £1,869 2
    2010£172,950 £1,802 1
    2008£150,000 £1,531 1
    2007£177,7501
    2006£132,700 £1,827 5
    2005£171,167 £1,621 3
    2003£58,550 £747 2
    2002£87,600 £850 5
    2001£71,500 £740 2
    2000£58,750 £722 2
    1999£58,500 £759 2
    1996£24,900 £244 1
    1995£50,0001
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£235,000 £3,456 1
    2021£556,000 £2,279 1
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    1999£45,000 £662 1

    House Type in NR16 1BN area

    The most common house types in the NR16 1BN postcode area are Semi-detached (62), Detached (44), and Terraced (3).

    Total114
    Semi-detached62
    Detached44
    Terraced3
    Flat3
    Shared house2
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (37), and Owned: Owns outright (34).

    Owned: Owns with a mortgage or loan37
    Owned: Owns outright34
    Social rented: Other social rented22
    Social rented: Rents from council or Local Authority9
    Private rented: Private landlord or letting agency8
    Private rented: Other private rented2
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NR16 1BN have 2 people in household (44), and 1 person in household (26).

    2 people in household44
    1 person in household26
    3 people in household19
    4 people in household14
    5 people in household5
    6 people in household4
    0 people in household0
    7 people in household0
    8 or more people in household0