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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NR16 1LGHouse Prices / East of England, South Norfolk, Norwich Road
Last updated May 2026
Key Postcode Insights
NR16 1LG is a residential postcode situated on Norwich Road, Forncett St. Peter, Norwich, NR16 with 4 addresses.
It ranks as the 117th largest and 29th most expensive of the 479 postcodes in the NR16 area.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
Key Postcode Insights
NR16 1LG is a residential postcode situated on Norwich Road, Forncett St. Peter, Norwich, NR16 with 4 addresses.
It ranks as the 117th largest and 29th most expensive of the 479 postcodes in the NR16 area.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
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House Pricesin NR16 1LG
Sale prices range from £173,784 for 3 bedroom freehold houses with a garden (828 ft2) to £311,086 for 5 bedroom freehold houses with a garden (2,346 ft2) .
Monthly rental prices range from £871 pcm for 3 bed houses to £1,236 pcm for 5 bed houses.
The gross rental yield is between 4.8% and 6.0%.
The average value per square foot is £178.
Average Sale Value
£234,042
Average Rental Value
£1,032 pcm
Average Rental Yield
5.3% /year
Average Value Per Sqft
£178 /ft2
Sales Market Trendsin NR16 1LG
The last sale in NR16 1LG sold for £180,000 on 29th June 2023. Since then prices are down an average of 4.8%.
The current average value in the postcode is £234,042.
The NR16 1LG Sales Market has increased by 31.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.1% | £234,042 |
| April 2025 | 0% | £241,512 |
| April 2024 | -2% | £241,402 |
| April 2023 | 3.2% | £246,286 |
| April 2022 | 11.8% | £238,585 |
| April 2021 | 6.6% | £213,487 |
| April 2020 | 2.1% | £200,224 |
| April 2019 | 0.3% | £196,023 |
| April 2018 | 4.6% | £195,430 |
| April 2017 | 5% | £186,840 |
| April 2016 | 7.5% | £178,003 |
| April 2015 | 9.5% | £165,645 |
| April 2014 | 5.1% | £151,276 |
| April 2013 | 4.7% | £143,930 |
| April 2012 | -0.8% | £137,414 |
| April 2011 | 2.6% | £138,530 |
| April 2010 | 4.9% | £134,976 |
| April 2009 | -13.1% | £128,638 |
| April 2008 | 4.2% | £148,048 |
| April 2007 | 0% | £142,035 |
Rental Market Trendsin NR16 1LG
The current average rental value in the postcode is £1,032.
The NR16 1LG Rental Market has increased by 56.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £1,032pcm |
| April 2025 | 5.3% | £1,015pcm |
| April 2024 | 5.3% | £964pcm |
| April 2023 | 8.2% | £916pcm |
| April 2022 | 8.8% | £846pcm |
| April 2021 | 8.2% | £778pcm |
| April 2020 | 3.2% | £719pcm |
| April 2019 | 0.4% | £697pcm |
| April 2018 | 2% | £694pcm |
| April 2017 | 3.1% | £680pcm |
| April 2016 | 5.5% | £660pcm |
| April 2015 | 5.5% | £625pcm |
| April 2014 | 1.7% | £593pcm |
| April 2013 | 2.2% | £583pcm |
| April 2012 | 3.2% | £571pcm |
| April 2011 | 1.5% | £553pcm |
| April 2010 | 3.7% | £545pcm |
| April 2009 | -5.8% | £526pcm |
| April 2008 | 4.6% | £558pcm |
| April 2007 | 0% | £534pcm |
Explore Propertiesin NR16 1LG, Norwich Road, Forncett St. Peter, Norwich, NR16
Sales Historyin NR16 1LG
The last sale was on 29th June 2023 for £180,000 and since then the market in the area has decreased by 4.8%. The postcode has had a total of 3 sales since 1995.
NR16 1LG has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby Postcodesto NR16 1LG
NR16 1LG is the 117th largest and the 29th most expensive postcode out of the 479 postcodes in the NR16 area.
- 68 mNR16 1FN, Austhorpe Gardens, Forncett St. Peter, Norwich, NR16NR16 1FN4 Addresses
- 85 mNR16 1LY, St. Edmunds Close, Forncett St. Peter, Norwich, NR16NR16 1LY2 Addresses
- 97 mNR16 1LU, Bentley Road, Forncett St. Peter, Norwich, NR16NR16 1LU12 Addresses
- 109 mNR16 1LQ, Common Road, Forncett St. Peter, Norwich, NR16NR16 1LQ11 Addresses
- 132 mNR16 1LX, Humphreys Close, Forncett St. Peter, Norwich, NR16NR16 1LX17 Addresses
- 132 mNR16 1DJ, Norwich Road, Tacolneston, Norwich, NR16NR16 1DJ7 Addresses
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Property Typesin NR16 1LG
- 1 period house built between 1800 and 1911
- 1 modern house built after 1980
- 1 house of an unknown age
- 1 other address of unknown type
- period house (1)
- modern house (1)
- house (1)
- Unknown (1)
Energy Efficiencyof properties in NR16 1LG
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Saleson Norwich Road
Schools Nearbyto NR16 1LG
The nearest primary school to NR16 1LG is Tacolneston Church of England Primary Academy which is 1.2 kilometres away.
- 1.2kmTacolneston Church of England Primary Academy
- 1.9kmBunwell Primary School
- 2.7kmForncett St Peter Church of England Voluntary Aided Primary School
The nearest secondary school is Long Stratton High School which is 5.5 kilometres away.
- 5.5kmLong Stratton High School
- 7.5kmOld Buckenham High School
- 8.0kmWymondham College
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Public Transport Nearbyto NR16 1LG
The closest station to NR16 1LG is Spooner Row station which is 5.7 kilometres away.
- 5.7kmSpooner Row
- 7.4kmWymondham
- 8.8kmAttleborough
- 12.7kmEccles Road
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