Housing Market Analysis for OVERWOOD LANE, NR16 1LW

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £530,000 median price is £530,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is HALL FARM OVERWOOD LANE: £530,000 (Sold on 30 Oct 2018)
    • The first recorded sale happened at this postcode is HALL FARM OVERWOOD LANE: £530,000 (Sold on 30 Oct 2018)
  • Other
    • The average price is around £465,000 median price is £465,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is SANDPIT FARM SOUTH OVERWOOD LANE: £465,000 (Sold on 18 Aug 2017)
    • The first recorded sale happened at this postcode is SANDPIT FARM SOUTH OVERWOOD LANE: £465,000 (Sold on 18 Aug 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average NR16 1LW 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
2018£530,000 £3,706 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£465,000 £14,531 1

All the Sales in the OVERWOOD LANE, NR16 1LW

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

AddressSold DatePrice% Change
HALL FARM OVERWOOD LANEDetached, FreeholdArea: 143 Sq.mtrAge: 1930-194930 Oct 2018£530,000First Sale
SANDPIT FARM SOUTH OVERWOOD LANEOther, FreeholdArea: 32 Sq.mtrAge: before 190018 Aug 2017£465,000First Sale

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

OVERWOOD LANE, NR16 1LW Near By properties

Interactive Map

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

  • Detached
    • The average price is around £356,857 median price is £392,000 Standard Deviation is £209,622 with Total Sold: 7
    • The Last 5 Year average price is £641,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE HONEYPOT ASLACTON ROAD: £641,000 (Sold on 30 Apr 2021)
    • The first recorded sale happened at this postcode is , TASWAY HOUSE ASLACTON ROAD: £70,000 (Sold on 25 Aug 1995)
  • Other
    • The average price is around £456,000 median price is £456,000 Standard Deviation is £9,000 with Total Sold: 2
    • The Last 5 Year average price is £447,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , BRIDGE FARM BUNWELL ROAD: £447,000 (Sold on 24 Feb 2020)
    • The first recorded sale happened at this postcode is , SANDPIT FARM SOUTH OVERWOOD LANE: £465,000 (Sold on 18 Aug 2017)
  • Semi-Detached
    • The average price is around £230,000 median price is £230,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1, RIVERSIDE COTTAGES ASLACTON ROAD: £230,000 (Sold on 10 Feb 2012)
    • The first recorded sale happened at this postcode is 1, RIVERSIDE COTTAGES ASLACTON ROAD: £230,000 (Sold on 10 Feb 2012)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£641,000 £2,638 1
2018£530,000 £3,706 1
2014£545,000 £2,412 1
2006£392,000 £1,735 1
1999£175,000 £720 1
1996£145,000 £597 1
1995£70,000 £310 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£447,0001
2017£465,000 £14,531 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£230,000 £2,045 1

House Type in NR16 1LW area

The most common house types in the NR16 1LW postcode area are Detached (147), Semi-detached (15), and Shared house (2).

Total166
Detached147
Semi-detached15
Shared house2
converted building2
Terraced0
Flat0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (101), and Owned: Owns with a mortgage or loan (48).

Owned: Owns outright101
Owned: Owns with a mortgage or loan48
Private rented: Private landlord or letting agency12
Private rented: Other private rented3
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 1LW have 2 people in household (85), and 1 person in household (32).

2 people in household85
1 person in household32
3 people in household18
4 people in household18
5 people in household9
6 people in household4
7 people in household1
0 people in household0
8 or more people in household0