NR16
Area header image

NR16 - Banham

Larling and New Buckenham

Last updated Jul 2026

Area Overview

The postcode district NR16 covers Banham, including Larling and New Buckenham, and is located in the Breckland area.

It is a residential district comprising 5,697 addresses, of which 0 are flats and 5,697 are houses.

Ave. Sale Price
£343,730
10 Year change
up 29.7%
Ave. Rental Price
£1,294pcm
10 Year change
up 55.9%
Ave. £ per ft²
£293/ft²
Ave. Gross Yield
4.5%/year/yr
Streets in NR16

Streets in NR16

House prices in NR16 have fallen, with Tibenham, Norwich holding up best at 2.5% down over the last 12 months. In the lettings market, Penny Green is the biggest winner at 3.5% growth over the year.

Verified, trusted
data sources

Our partners and data sources

Trustworthy data sources

Our verified data sources are crucial for accurate, objective data.
sales

Sales Prices

The average house price in NR16 is £343,730. Sale value has decreased in the last 12 months by 3.1%.

Property sale values range from £68,925 for a freehold house, with 3 bedrooms split across 710 square feet of gross internal area and has garden to £1,847,082 for a freehold house, with 5 bedrooms split across 6,544 square feet of gross internal area and has garden.

Average £/ft2 for properties in NR16 is £293/ft2.

PeriodYear on YearAverage Price
June 2026-3.1%£382,170
June 2025-1%£394,472
June 2024-3.1%£398,432
June 20230.6%£410,996
June 202212.5%£408,711
June 20218.2%£363,209
June 20203.1%£335,815
June 20191.9%£325,750
June 20181.6%£319,740
June 20176.8%£314,762
June 20167.2%£294,727
June 20158%£274,834
June 20148%£254,545
June 20130.2%£235,758
June 2012-0.6%£235,240
June 20111.9%£236,678
June 20108.8%£232,155
June 2009-13.5%£213,434
June 2008-0.8%£246,734
June 20070%£248,771
rental

Rental Prices

The average rental value in NR16 is £1,294pcm. Rental value has increased in the last 12 months by 2.9%.

Property rental values range from £338 for a freehold house, with 3 bedrooms split across 710 square feet of gross internal area and has garden to £3,957 for a freehold house, with 5 bedrooms split across 6,544 square feet of gross internal area and has garden.

Properties achieve a rental yield of between 2.5% and 5.9%.

PeriodYear on YearAverage Price
June 20262.9%£1,294pcm
June 20255.9%£1,258pcm
June 20246.3%£1,188pcm
June 20236.3%£1,118pcm
June 20228.4%£1,052pcm
June 20218.8%£970pcm
June 20201.3%£892pcm
June 20190.9%£880pcm
June 20182.1%£872pcm
June 20173%£854pcm
June 20166%£830pcm
June 20154.4%£783pcm
June 20143.2%£750pcm
June 20131%£727pcm
June 20121.5%£719pcm
June 20112.3%£709pcm
June 20106.3%£693pcm
June 2009-4.8%£652pcm
June 20080.6%£685pcm
June 20070%£681pcm
Most recently sold properties

Most Recently Sold Properties

The latest HM Land Registry sales for NR16. Data is published monthly and sales can take weeks to register, so the newest may not appear yet.

Source: HM Land Registry ()
Energy Efficiency background

Energy Efficiency of buildings within NR16

The average internal area for a residential property in NR16 is 1,172 ft2 with properties ranging from 205 to 7,007 ft2 with the most common Energy Performance Certificate (EPC) rating being D.
The diagram shows the distribution of EPCs within NR16.
  • A (127)
  • E (895)
  • B (368)
  • F (275)
  • C (671)
  • G (61)
  • D (1k)
  • No EPC (2k)
Postcode districts

Postcode districts near to NR16