NR16 1JA is a residential postcode situated on Forncett Station, Forncett St. Peter, Norwich, NR16 with 4 addresses.
It ranks as the 114th largest and 386th most expensive of the 479 postcodes in the NR16 area.
The postcode contains a total of 4 properties: 4 houses.
NR16 1JA is a residential postcode situated on Forncett Station, Forncett St. Peter, Norwich, NR16 with 4 addresses.
It ranks as the 114th largest and 386th most expensive of the 479 postcodes in the NR16 area.
The postcode contains a total of 4 properties: 4 houses.
Sale prices range from £443,017 for 3 bedroom freehold houses with a garden (1,103 ft2) to £565,690 for 4 bedroom freehold houses with a garden (1,677 ft2) .
Monthly rental prices range from £1,130 pcm for 3 bed houses to £1,308 pcm for 4 bed houses.
The gross rental yield is between 2.8% and 3.1%.
The average value per square foot is £372.
The last sale in NR16 1JA sold for £423,500 on 15th August 2018. Since then prices are up an average of 17.0%.
The current average value in the postcode is £501,302.
The NR16 1JA Sales Market has increased by 30.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3% | £501,302 |
| April 2025 | 0.1% | £516,701 |
| April 2024 | -2% | £516,274 |
| April 2023 | 3.2% | £526,995 |
| April 2022 | 11.8% | £510,618 |
| April 2021 | 6.2% | £456,767 |
| April 2020 | 2.1% | £430,013 |
| April 2019 | 0.4% | £421,324 |
| April 2018 | 4.7% | £419,688 |
| April 2017 | 4.6% | £401,021 |
| April 2016 | 7.8% | £383,340 |
| April 2015 | 9.6% | £355,665 |
| April 2014 | 5.1% | £324,567 |
| April 2013 | 4.2% | £308,896 |
| April 2012 | -0.7% | £296,340 |
| April 2011 | 2.3% | £298,392 |
| April 2010 | 4.7% | £291,712 |
| April 2009 | -13.3% | £278,629 |
| April 2008 | 3.8% | £321,412 |
| April 2007 | 0% | £309,609 |
The current average rental value in the postcode is £1,218.
The NR16 1JA Rental Market has increased by 55.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £1,218pcm |
| April 2025 | 5.4% | £1,197pcm |
| April 2024 | 5.2% | £1,136pcm |
| April 2023 | 8.2% | £1,080pcm |
| April 2022 | 8.8% | £998pcm |
| April 2021 | 7.8% | £917pcm |
| April 2020 | 3.1% | £851pcm |
| April 2019 | 0.5% | £825pcm |
| April 2018 | 2% | £821pcm |
| April 2017 | 2.7% | £805pcm |
| April 2016 | 5.8% | £783pcm |
| April 2015 | 5.5% | £740pcm |
| April 2014 | 1.7% | £701pcm |
| April 2013 | 1.7% | £690pcm |
| April 2012 | 3.3% | £678pcm |
| April 2011 | 1.1% | £656pcm |
| April 2010 | 3.5% | £649pcm |
| April 2009 | -6% | £627pcm |
| April 2008 | 4.2% | £668pcm |
| April 2007 | 0% | £641pcm |
The last sale was on 15th August 2018 for £423,500 and since then the market in the area has increased by 17.0%. The postcode has had a total of 5 sales since 1995.
NR16 1JA has seen no sales in the last three years and no sales in the last twelve months.
NR16 1JA is the 114th largest and the 386th most expensive postcode out of the 479 postcodes in the NR16 area.
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The closest station to NR16 1JA is Spooner Row station which is 8.8 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around NR16 1JA, 60.8% of property is privately owned outright and 28.9% 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 1JA, 12.5% of residents are recorded as possessing school level qualifications and 38.0% 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 1JA, 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 1JA, 0.8% 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 1JA, there are an average of 2.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.