Housing Market Analysis for WOOD LANE, NR16 1TF

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £276,000 median price is £185,000 Standard Deviation is £178,182 with Total Sold: 3
    • The most recent sale happened at this postcode is THE RECTORY WOOD LANE: £525,000 (Sold on 05 Jan 2017)
    • The first recorded sale happened at this postcode is THE RECTORY WOOD LANE: £118,000 (Sold on 03 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NR16 1TF 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
2017£525,000 £2,365 1
2000£185,000 £833 1
1995£118,000 £532 1

All the Sales in the WOOD LANE, NR16 1TF

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

AddressSold DatePrice% Change
THE RECTORY WOOD LANEDetached, FreeholdArea: 222 Sq.mtrAge: 1950-196605 Jan 2017£525,000183.78%
24 Jul 2000£185,00056.78%
03 Mar 1995£118,000First Sale

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

WOOD LANE, NR16 1TF Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £188,881 median price is £193,500 Standard Deviation is £85,750 with Total Sold: 13
    • The Last 5 Year average price is £276,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , 5 THE TURNPIKE: £291,000 (Sold on 14 Dec 2023)
    • The first recorded sale happened at this postcode is , BUNWELL HOUSE THE TURNPIKE: £40,000 (Sold on 06 Nov 2000)
  • Detached
    • The average price is around £224,837 median price is £192,000 Standard Deviation is £121,561 with Total Sold: 30
    • The Last 5 Year average price is £363,700 with Total Sold: 5
    • The most recent sale happened at this postcode is , CHURCH FARM CHURCH LANE: £265,000 (Sold on 24 Mar 2023)
    • The first recorded sale happened at this postcode is , THE RECTORY WOOD LANE: £118,000 (Sold on 03 Mar 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£291,000 £3,829 1
2021£269,000 £3,166 2
2018£224,750 £2,349 2
2012£157,000 £1,319 1
2010£159,950 £1,757 1
2008£285,000 £1,979 1
2007£250,0001
2006£135,0001
2002£105,000 £1,154 1
2001£45,000 £312 1
2000£40,000 £278 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£397,5002
2021£335,000 £2,617 1
2020£352,0001
2019£336,500 £2,337 1
2017£525,000 £2,365 1
2014£380,000 £1,949 1
2013£380,000 £2,734 1
2012£250,000 £1,736 1
2011£245,0001
2009£268,2501
2007£210,000 £1,641 1
2006£209,250 £2,206 2
2005£250,0001
2004£185,000 £1,445 1
2003£190,0001
2001£163,390 £1,206 5
2000£185,000 £833 1
1999£112,5002
1998£44,0001
1997£93,700 £668 2
1995£83,250 £532 2

House Type in NR16 1TF area

The most common house types in the NR16 1TF 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 1TF 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