Housing Market Analysis for NORWICH ROAD, NR16 1RY

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £282,500 median price is £282,500 Standard Deviation is £32,500 with Total Sold: 2
    • The most recent sale happened at this postcode is BURNT HOUSE NORWICH ROAD: £315,000 (Sold on 28 Nov 2008)
    • The first recorded sale happened at this postcode is PLOT 5 NORWICH ROAD: £250,000 (Sold on 17 Nov 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NR16 1RY 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
2008£315,0001
2004£250,0001

All the Sales in the NORWICH ROAD, NR16 1RY

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

AddressSold DatePrice% Change
BURNT HOUSE NORWICH ROADDetached, Freehold28 Nov 2008£315,000First Sale
PLOT 5 NORWICH ROADDetached, Freehold17 Nov 2004£250,000First Sale

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

NORWICH ROAD, NR16 1RY Near By properties

Interactive Map

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

  • Other
    • The average price is around £328,333 median price is £475,000 Standard Deviation is £225,327 with Total Sold: 3
    • The Last 5 Year average price is £487,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , THE HILL HOUSE BUNWELL HILL: £475,000 (Sold on 17 Sep 2021)
    • The first recorded sale happened at this postcode is , APRIL COTTAGE BUNWELL HILL: £10,000 (Sold on 13 Sep 2011)
  • Semi-Detached
    • The average price is around £169,134 median price is £182,500 Standard Deviation is £103,705 with Total Sold: 22
    • The Last 5 Year average price is £270,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , NUT TREE COTTAGE BUNWELL HILL: £210,000 (Sold on 03 Sep 2021)
    • The first recorded sale happened at this postcode is , HEWETTS BUNWELL HILL: £20,000 (Sold on 02 Jan 1996)
  • Detached
    • The average price is around £242,148 median price is £249,999 Standard Deviation is £141,577 with Total Sold: 21
    • The Last 5 Year average price is £484,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , SAFFRON COTTAGE BUNWELL HILL: £480,000 (Sold on 19 Apr 2021)
    • The first recorded sale happened at this postcode is , TANGLEWOOD BUNWELL HILL: £75,000 (Sold on 08 Nov 1996)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£487,500 £4,977 2
2011£10,000 £123 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£272,500 £2,234 2
2019£267,500 £2,096 2
2018£290,000 £1,908 1
2016£259,000 £1,308 1
2015£180,000 £2,069 1
2014£315,000 £3,500 1
2013£226,000 £1,487 1
2011£140,000 £1,609 1
2009£95,500 £1,176 1
2006£270,000 £1,364 1
2004£250,000 £1,263 1
2003£185,0001
2001£81,500 £937 1
2000£74,500 £1,049 2
1999£69,9501
1998£32,750 £250 2
1997£44,500 £266 1
1996£20,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£550,000 £2,697 2
2020£352,0001
2013£380,000 £2,734 1
2012£250,000 £2,259 1
2011£90,000 £592 1
2010£249,999 £2,577 1
2008£315,0001
2007£274,750 £2,165 2
2004£266,2502
2003£310,000 £1,148 1
2002£205,0001
2001£180,0001
2000£155,0001
1999£53,834 £146 2
1997£116,725 £753 2
1996£75,0001

House Type in NR16 1RY area

The most common house types in the NR16 1RY postcode area are Detached (130), Semi-detached (56), and Terraced (5).

Total192
Detached130
Semi-detached56
Terraced5
temporary structure1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (86), and Owned: Owns with a mortgage or loan (70).

Owned: Owns outright86
Owned: Owns with a mortgage or loan70
Private rented: Private landlord or letting agency18
Social rented: Other social rented10
Private rented: Other private rented6
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NR16 1RY have 2 people in household (85), and 1 person in household (39).

2 people in household85
1 person in household39
4 people in household30
3 people in household26
5 people in household9
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0