Housing Market Analysis for THE BARNS, NR16 1LZ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £318,917 median price is £285,000 Standard Deviation is £106,950 with Total Sold: 6
    • The Last 5 Year average price is £490,000 with Total Sold: 1
    • The most recent sale happened at this postcode is MEADOWVIEW THE BARNS: £490,000 (Sold on 14 Jul 2023)
    • The first recorded sale happened at this postcode is THE OWLS THE BARNS: £186,000 (Sold on 18 Dec 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NR16 1LZ 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
2023£490,000 £3,712 1
2018£422,500 £3,062 1
2006£325,0001
2004£245,0001
2003£245,0001
2000£186,0001

All the Sales in the THE BARNS, NR16 1LZ

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

AddressSold DatePrice% Change
MEADOWVIEW THE BARNSDetached, FreeholdArea: 132 Sq.mtrAge: 1991-199514 Jul 2023£490,000First Sale
STONE LAITHE THE BARNSDetached, FreeholdArea: 138 Sq.mtrAge: 1996-200229 Nov 2018£422,500First Sale
PRIMROSE CORNER THE BARNSDetached, Freehold30 Aug 2006£325,00032.65%
27 Feb 2004£245,000First Sale
THE OLD ORCHARD THE BARNSDetached, Freehold19 Sep 2003£245,000First Sale
THE OWLS THE BARNSDetached, Freehold18 Dec 2000£186,000First Sale

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

THE BARNS, NR16 1LZ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £239,268 median price is £210,000 Standard Deviation is £140,187 with Total Sold: 133
    • The Last 5 Year average price is £362,645 with Total Sold: 19
    • The most recent sale happened at this postcode is , 40 BUNWELL STREET: £525,000 (Sold on 17 Jun 2024)
    • The first recorded sale happened at this postcode is , CEDAR HOUSE NORTH ROAD: £64,000 (Sold on 17 Feb 1995)
  • Other
    • The average price is around £314,000 median price is £325,000 Standard Deviation is £197,292 with Total Sold: 5
    • The Last 5 Year average price is £314,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , BUNWELL HOUSE NORTH ROAD: £325,000 (Sold on 29 Mar 2023)
    • The first recorded sale happened at this postcode is , BRADLEYS NORTH ROAD: £15,000 (Sold on 11 Sep 2020)
  • Semi-Detached
    • The average price is around £145,497 median price is £154,500 Standard Deviation is £64,070 with Total Sold: 23
    • The Last 5 Year average price is £231,375 with Total Sold: 4
    • The most recent sale happened at this postcode is , 51 BUNWELL STREET: £177,000 (Sold on 28 Oct 2020)
    • The first recorded sale happened at this postcode is 1, THE COTTAGES NORTH ROAD: £58,000 (Sold on 27 Oct 1997)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£402,500 £3,323 4
2023£396,250 £4,431 3
2022£520,000 £3,102 1
2021£530,000 £2,636 2
2020£295,571 £2,594 7
2019£221,2502
2018£319,414 £1,809 7
2017£472,500 £2,024 3
2016£341,250 £2,867 2
2015£232,990 £2,383 5
2014£228,250 £1,948 2
2013£232,4752
2012£300,000 £1,790 1
2011£418,000 £3,600 3
2010£305,500 £1,244 7
2009£241,963 £1,482 5
2008£204,833 £2,365 3
2007£432,375 £2,735 3
2006£282,350 £1,416 7
2005£215,750 £2,107 4
2004£245,062 £2,447 8
2003£218,571 £854 7
2002£185,556 £1,204 9
2001£286,0001
2000£151,8005
1999£128,531 £1,204 8
1998£135,0001
1997£70,562 £657 8
1996£72,250 £472 6
1995£69,999 £645 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£255,000 £856 2
2022£495,0001
2020£282,500 £122 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£251,333 £2,641 3
2019£171,5001
2014£224,000 £2,074 1
2013£169,0001
2009£167,0001
2007£176,0001
2006£178,0001
2004£151,725 £919 2
2003£80,0001
2002£152,498 £772 2
2001£112,000 £866 4
2000£70,0001
1999£88,4751
1998£77,000 £763 2
1997£58,000 £358 1

House Type in NR16 1LZ area

The most common house types in the NR16 1LZ postcode area are Detached (105), Semi-detached (13), and Terraced (5).

Total123
Detached105
Semi-detached13
Terraced5
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 (75), and Owned: Owns with a mortgage or loan (36).

Owned: Owns outright75
Owned: Owns with a mortgage or loan36
Private rented: Private landlord or letting agency9
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NR16 1LZ have 2 people in household (51), and 1 person in household (35).

2 people in household51
1 person in household35
3 people in household19
4 people in household10
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0