Housing Market Analysis for COMMON ROAD, NR16 1LQ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £371,667 median price is £395,000 Standard Deviation is £32,998 with Total Sold: 3
    • The Last 5 Year average price is £371,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 1, AUSTHORPE HOUSE COMMON ROAD: £325,000 (Sold on 30 Sep 2022)
    • The first recorded sale happened at this postcode is 2, AUSTHORPE HOUSE COMMON ROAD: £395,000 (Sold on 06 Sep 2022)
  • Detached
    • The average price is around £370,000 median price is £370,000 Standard Deviation is £230,000 with Total Sold: 2
    • The Last 5 Year average price is £600,000 with Total Sold: 1
    • The most recent sale happened at this postcode is BARN HOUSE COMMON ROAD: £600,000 (Sold on 30 Jun 2022)
    • The first recorded sale happened at this postcode is SPRINGWELL LODGE COMMON ROAD: £140,000 (Sold on 24 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NR16 1LQ 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£371,6673
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£600,0001
1995£140,000 £680 1

All the Sales in the COMMON ROAD, NR16 1LQ

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

AddressSold DatePrice% Change
1, AUSTHORPE HOUSE COMMON ROADTerraced, Freehold30 Sep 2022£325,000First Sale
BARN HOUSE COMMON ROADDetached, Freehold30 Jun 2022£600,000First Sale
3, AUSTHORPE HOUSE COMMON ROADTerraced, Freehold23 Sep 2022£395,000First Sale
SPRINGWELL LODGE COMMON ROADDetached, FreeholdArea: 206 Sq.mtrAge: 1900-192924 Aug 1995£140,000First Sale
2, AUSTHORPE HOUSE COMMON ROADTerraced, Freehold06 Sep 2022£395,000First Sale

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

COMMON ROAD, NR16 1LQ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £371,667 median price is £395,000 Standard Deviation is £32,998 with Total Sold: 3
    • The Last 5 Year average price is £371,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 1, AUSTHORPE HOUSE COMMON ROAD: £325,000 (Sold on 30 Sep 2022)
    • The first recorded sale happened at this postcode is 2, AUSTHORPE HOUSE COMMON ROAD: £395,000 (Sold on 06 Sep 2022)
  • Detached
    • The average price is around £370,000 median price is £370,000 Standard Deviation is £230,000 with Total Sold: 2
    • The Last 5 Year average price is £600,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , BARN HOUSE COMMON ROAD: £600,000 (Sold on 30 Jun 2022)
    • The first recorded sale happened at this postcode is , SPRINGWELL LODGE COMMON ROAD: £140,000 (Sold on 24 Aug 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£371,6673
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£600,0001
1995£140,000 £680 1

House Type in NR16 1LQ area

The most common house types in the NR16 1LQ postcode area are Detached (130), Semi-detached (28), and Terraced (0).

Total158
Detached130
Semi-detached28
Terraced0
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 (88), and Owned: Owns with a mortgage or loan (53).

Owned: Owns outright88
Owned: Owns with a mortgage or loan53
Private rented: Private landlord or letting agency9
Private rented: Other private rented6
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NR16 1LQ have 2 people in household (71), and 1 person in household (39).

2 people in household71
1 person in household39
4 people in household27
3 people in household17
5 people in household2
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0