Housing Market Analysis for BLACKSMITHS LANE, NR16 1EP

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £501,667 median price is £480,000 Standard Deviation is £93,125 with Total Sold: 3
    • The Last 5 Year average price is £552,500 with Total Sold: 2
    • The most recent sale happened at this postcode is ST. MARYS CHAPEL BLACKSMITHS LANE: £625,000 (Sold on 14 Oct 2021)
    • The first recorded sale happened at this postcode is CHANTRY HOUSE BLACKSMITHS LANE: £400,000 (Sold on 04 Jun 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average NR16 1EP 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£552,500 £3,556 2
2010£400,0001

All the Sales in the BLACKSMITHS LANE, NR16 1EP

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

AddressSold DatePrice% Change
ST. MARYS CHAPEL BLACKSMITHS LANEDetached, Freehold14 Oct 2021£625,000First Sale
GUNNERS COTTAGE BLACKSMITHS LANEDetached, FreeholdArea: 135 Sq.mtrAge: before 190008 Feb 2021£480,000First Sale
CHANTRY HOUSE BLACKSMITHS LANEDetached, Freehold04 Jun 2010£400,000First Sale

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

BLACKSMITHS LANE, NR16 1EP Near By properties

Interactive Map

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

  • Detached
    • The average price is around £302,512 median price is £275,000 Standard Deviation is £159,981 with Total Sold: 21
    • The Last 5 Year average price is £412,143 with Total Sold: 7
    • The most recent sale happened at this postcode is , THE FIRS WYMONDHAM ROAD: £420,000 (Sold on 03 Nov 2023)
    • The first recorded sale happened at this postcode is , ROSEDENE BLACKSMITHS LANE: £49,750 (Sold on 18 Sep 1998)
  • Other
    • The average price is around £180,572 median price is £130,000 Standard Deviation is £194,775 with Total Sold: 9
    • The Last 5 Year average price is £95,000 with Total Sold: 5
    • 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)
  • Semi-Detached
    • The average price is around £168,433 median price is £143,165 Standard Deviation is £92,922 with Total Sold: 5
    • The most recent sale happened at this postcode is , MILLSTONE COTTAGE NORWICH ROAD: £300,000 (Sold on 12 Jun 2015)
    • The first recorded sale happened at this postcode is , MILL CORNER NORWICH ROAD: £53,000 (Sold on 09 Jan 1998)
  • Terraced
    • The average price is around £87,500 median price is £87,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 29, ASHWELLTHORPE INDUSTRIAL ESTATE : £87,500 (Sold on 12 Sep 2008)
    • The first recorded sale happened at this postcode is UNIT 29, ASHWELLTHORPE INDUSTRIAL ESTATE : £87,500 (Sold on 12 Sep 2008)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£420,000 £2,877 1
2022£270,000 £4,030 1
2021£460,000 £3,455 3
2020£425,000 £2,530 1
2019£390,0001
2018£635,000 £2,103 1
2017£235,000 £2,640 1
2016£365,0001
2014£365,000 £2,355 1
2013£162,500 £1,270 1
2010£400,0001
2009£170,000 £1,862 1
2005£270,000 £2,135 2
2001£130,333 £1,024 3
1998£102,125 £870 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£150,0001
2021£80,0001
2020£45,0001
2019£100,0002
2017£705,000 £2,913 1
2016£195,0002
2013£55,1501
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£300,000 £2,098 1
2013£143,165 £1,556 1
2007£250,0001
2001£96,0001
1998£53,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£87,5001

House Type in NR16 1EP area

The most common house types in the NR16 1EP postcode area are Detached (88), Semi-detached (38), and Flat (1).

Total127
Detached88
Semi-detached38
Flat1
Terraced0
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 (67), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright67
Owned: Owns with a mortgage or loan33
Private rented: Private landlord or letting agency12
Social rented: Other social rented6
Social rented: Rents from council or Local Authority5
Private rented: Other private rented3
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NR16 1EP have 2 people in household (50), and 1 person in household (30).

2 people in household50
1 person in household30
3 people in household20
4 people in household19
5 people in household4
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0