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House Prices in NR16

The average house price in NR16 (Norwich) is £425,416 using HM Land Registry data.

The average property price increased by £10,739 (31.29%) over the last 5 years and increased by £2,146 (4.56%) over the last 12 months.

Over the last year, there were 133 residential property sales – a decrease of 35 transactions (-26.32%) relative to the previous year. The majority of house sales (31) were in the £240,000 - £300,000 range. Then came properties in the £300,000 - £360,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 89 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,579 (-3%).

In Jul 2025, there were 49 new estate agency instructions, 25 agreed home sales and 38 property price reductions.

5-Year Average Property Prices in NR16 (Norwich)

31.29%

Property prices in NR16 (Norwich) increased by 31.29% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NR16 (Norwich) Over the Last Year

4.56%

Property prices in NR16 (Norwich) increased by 4.56% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for NR16 (Norwich) - Jul 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NR16 (Norwich)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NR16 (Norwich)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NR16 (Norwich)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NR16 (Norwich) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NR16 postcode area since 1995.

Recent Sales in NR16 (Norwich)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Hideaway Barn, Bentley Road, Tacolneston, Norwich, Norfolk, NR16 1DL	£525,000	£500,000	-£25,000	09 Aug 2024	13 Feb 2025	188 Days
8 Marsh Lane, New Buckenham, Norwich, Norfolk, NR16 2BE	£200,000	£195,000	-£5,000	15 Jul 2024	29 Jan 2025	198 Days
50 Garlondes, East Harling, Norwich, Norfolk, NR16 2NR	£165,000	£165,000	£0	29 Jun 2024	13 Dec 2024	167 Days
The Cottage, Watton Road, Larling, Norwich, Norfolk, NR16 2RA	£280,000	£270,000	-£10,000	20 Aug 2024	13 Dec 2024	115 Days
17 Garboldisham Road, East Harling, Norwich, Norfolk, NR16 2PR	£260,000	£240,000	-£20,000	02 Jul 2024	11 Dec 2024	162 Days
7 Greenways, Bunwell, Norwich, Norfolk, NR16 1QZ	£310,000	£300,000	-£10,000	25 May 2024	27 Nov 2024	186 Days
1 Greenwood Close, Ashwellthorpe, Norwich, Norfolk, NR16 1HB	£290,000	£280,000	-£10,000	23 May 2024	22 Nov 2024	183 Days
Chetwynd, Boileau Avenue, Tacolneston, NR16 1DQ	£325,000	£310,000	-£15,000	01 Oct 2024	24 Oct 2024	23 Days
7 Hamblings Piece, East Harling, Norwich, Norfolk, NR16 2PZ	£475,000	£475,000	£0	26 Dec 2023	23 Oct 2024	302 Days
Taskers Barn, Bentley Road, Tacolneston, Norwich, Norfolk, NR16 1DL	£600,000	£585,000	-£15,000	03 Jun 2023	16 Oct 2024	501 Days
Candleford, Green Lane, Quidenham, Norwich, Norfolk, NR16 2AP	£550,000	£550,000	£0	14 Jun 2024	11 Oct 2024	119 Days
Willowgates, Tabernacle Lane, Forncett St Peter, Norwich, Norfolk, NR16 1LE	£295,950	£270,000	-£25,950	24 Jun 2024	16 Sep 2024	84 Days
Lothlorien, Hunts Corner, Banham, Norwich, Norfolk, NR16 2HL	£375,000	£365,000	-£10,000	09 Apr 2024	11 Sep 2024	155 Days
Highfields, New Road, Fundenhall, Norwich, Norfolk, NR16 1HG	£400,000	£355,000	-£45,000	18 Apr 2024	30 Aug 2024	134 Days
Marshalls, West Church Street, Kenninghall, Norwich, Norfolk, NR16 2EN	£450,000	£442,000	-£8,000	10 Apr 2024	13 Aug 2024	125 Days
9 The Street, Bridgham, Norwich, Norfolk, NR16 2SA	£300,000	£290,000	-£10,000	26 Feb 2024	16 Jul 2024	141 Days
20 Kenninghall Road, East Harling, Norwich, Norfolk, NR16 2QD	£600,000	£550,000	-£50,000	23 Aug 2022	25 Jun 2024	672 Days
64 The Street, Bridgham, NR16 2RS	£325,000	£310,000	-£15,000	01 Jun 2024	25 Jun 2024	24 Days
40 Bunwell Street, Bunwell, Norwich, Norfolk, NR16 1NA	£535,000	£525,000	-£10,000	16 Oct 2023	17 Jun 2024	245 Days
1 Timber Road, Norwich, NR16 2TN	£440,000	£425,000	-£15,000	01 Jun 2024	07 Jun 2024	6 Days

Most Expensive Streets in NR16 (Norwich)

Postcode	Street	Area	Average	No. of Sales
NR16 1SY	Low Common	Norwich	£717,000	4
NR16 2TF	Taylor Drift	Norwich	£714,166	3
NR16 1AT	Wymondham Road	Norwich	£705,000	8
NR16 1JD	Wacton Road	Norwich	£670,833	3
NR16 1BA	Church Road	Norwich	£604,583	6
NR16 2JE	Eccles Road	Norwich	£580,000	4
NR16 2FF	Hawthorn Drive	Norwich	£576,612	5
NR16 1NJ	Upgate Street	Norwich	£569,400	5
NR16 2FL	Kingfisher Croft, Banham	Norwich	£556,650	6
NR16 1TG	Low Common	Norwich	£553,000	3

Least Expensive Streets in NR16 (Norwich)

Postcode	Street	Area	Average	No. of Sales
NR16 2NR	Garlondes	Norwich	£176,777	9
NR16 1DA	Cheneys Lane	Norwich	£198,333	3
NR16 2QR	Dolphin Terrace, Harling Road	Norwich	£206,125	4
NR16 2NN	Garlondes	Norwich	£234,785	7
NR16 2QB	Kerridges	Norwich	£244,833	6
NR16 1SX	Bridge Road	Norwich	£246,200	5
NR16 1BS	Dovedale Road	Norwich	£249,250	6
NR16 2QF	Jubilee Avenue	Norwich	£252,000	4
NR16 2EL	School Close	Norwich	£255,115	13
NR16 1QZ	Greenways	Norwich	£255,187	4