NR16 1BU is a residential postcode situated on Baldock Close, Tacolneston, Norwich, NR16 with 11 addresses.
It ranks as the 302nd largest and 160th most expensive of the 479 postcodes in the NR16 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 houses.
NR16 1BU is a residential postcode situated on Baldock Close, Tacolneston, Norwich, NR16 with 11 addresses.
It ranks as the 302nd largest and 160th most expensive of the 479 postcodes in the NR16 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 houses.
Sale prices range from £266,377 for 2 bedroom freehold houses with a garden (624 ft2) to £358,456 for 3 bedroom freehold houses with a garden (1,049 ft2) .
Monthly rental prices range from £969 pcm for 2 bed houses to £1,230 pcm for 3 bed houses.
The gross rental yield is between 4.1% and 4.4%.
The average value per square foot is £384.
The last sale in NR16 1BU sold for £325,000 on 16th November 2022. Since then prices are down an average of 5.7%.
The current average value in the postcode is £315,427.
The NR16 1BU Sales Market has increased by 30.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.8% | £315,427 |
| April 2025 | 0.3% | £324,346 |
| April 2024 | -2.1% | £323,301 |
| April 2023 | 3% | £330,078 |
| April 2022 | 12.1% | £320,456 |
| April 2021 | 5.7% | £285,954 |
| April 2020 | 2% | £270,568 |
| April 2019 | 0% | £265,239 |
| April 2018 | 5.1% | £265,140 |
| April 2017 | 4.6% | £252,239 |
| April 2016 | 7.4% | £241,060 |
| April 2015 | 10% | £224,434 |
| April 2014 | 4.6% | £204,097 |
| April 2013 | 3.9% | £195,079 |
| April 2012 | -1.1% | £187,744 |
| April 2011 | 1.9% | £189,897 |
| April 2010 | 4.1% | £186,295 |
| April 2009 | -13.6% | £178,949 |
| April 2008 | 2.8% | £207,126 |
| April 2007 | 0% | £201,520 |
The current average rental value in the postcode is £1,118.
The NR16 1BU Rental Market has increased by 55.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £1,118pcm |
| April 2025 | 5.6% | £1,096pcm |
| April 2024 | 5.2% | £1,038pcm |
| April 2023 | 7.9% | £986pcm |
| April 2022 | 9.1% | £914pcm |
| April 2021 | 7.3% | £838pcm |
| April 2020 | 3.1% | £781pcm |
| April 2019 | 0.1% | £758pcm |
| April 2018 | 2.5% | £756pcm |
| April 2017 | 2.8% | £738pcm |
| April 2016 | 5.5% | £718pcm |
| April 2015 | 5.9% | £681pcm |
| April 2014 | 1.2% | £643pcm |
| April 2013 | 1.4% | £635pcm |
| April 2012 | 2.9% | £627pcm |
| April 2011 | 0.8% | £609pcm |
| April 2010 | 2.9% | £605pcm |
| April 2009 | -6.4% | £588pcm |
| April 2008 | 3.1% | £628pcm |
| April 2007 | 0% | £608pcm |
The last sale was on 16th November 2022 for £325,000 and since then the market in the area has decreased by 5.7%. The postcode has had a total of 15 sales since 1995.
NR16 1BU has seen no sales in the last three years and no sales in the last twelve months.
NR16 1BU is the 302nd largest and the 160th most expensive postcode out of the 479 postcodes in the NR16 area.
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The closest station to NR16 1BU is Spooner Row station which is 5.5 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around NR16 1BU, 54.1% of property is privately owned outright and 34.7% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NR16 1BU, 14.6% of residents are recorded as possessing school level qualifications and 31.5% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NR16 1BU, the average age was 44.5 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NR16 1BU, 0.3% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NR16 1BU, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.