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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NR16 1LWHouse Prices / East of England, South Norfolk, Overwood Lane
Last updated May 2026
Key Postcode Insights
NR16 1LW is a residential postcode situated on Overwood Lane, Forncett St. Peter, Norwich, NR16 with 3 addresses.
It ranks as the 71st largest and 290th most expensive of the 479 postcodes in the NR16 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 3 properties: 3 houses.
3
Properties
- Houses
Key Postcode Insights
NR16 1LW is a residential postcode situated on Overwood Lane, Forncett St. Peter, Norwich, NR16 with 3 addresses.
It ranks as the 71st largest and 290th most expensive of the 479 postcodes in the NR16 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 3 properties: 3 houses.
3
Properties
- Houses
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House Pricesin NR16 1LW
Sale prices range from £411,102 for 4 bedroom freehold houses with a garden (1,539 ft2) to £637,241 for 4 bedroom freehold houses with a garden (1,539 ft2) .
Monthly rental prices range from £1,373 pcm for 4 bed houses to £1,517 pcm for 4 bed houses.
The gross rental yield is between 2.9% and 4.0%.
The average value per square foot is £267.
Average Sale Value
£486,482
Average Rental Value
£1,421 pcm
Average Rental Yield
3.5% /year
Average Value Per Sqft
£267 /ft2
Sales Market Trendsin NR16 1LW
The last sale in NR16 1LW sold for £530,000 on 30th October 2018. Since then prices are up an average of 17.5%.
The current average value in the postcode is £486,482.
The NR16 1LW Sales Market has increased by 30.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.1% | £486,482 |
| April 2025 | -0.1% | £502,242 |
| April 2024 | -2% | £502,613 |
| April 2023 | 3.3% | £512,962 |
| April 2022 | 11.6% | £496,382 |
| April 2021 | 6.6% | £444,744 |
| April 2020 | 2.1% | £417,192 |
| April 2019 | 0.6% | £408,593 |
| April 2018 | 4.4% | £406,126 |
| April 2017 | 4.6% | £389,173 |
| April 2016 | 8% | £371,948 |
| April 2015 | 9.3% | £344,433 |
| April 2014 | 5.4% | £315,043 |
| April 2013 | 4.5% | £299,000 |
| April 2012 | -0.4% | £286,121 |
| April 2011 | 2.6% | £287,303 |
| April 2010 | 5.1% | £280,140 |
| April 2009 | -13.1% | £266,532 |
| April 2008 | 4.5% | £306,703 |
| April 2007 | 0% | £293,378 |
Rental Market Trendsin NR16 1LW
The current average rental value in the postcode is £1,421.
The NR16 1LW Rental Market has increased by 55.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £1,421pcm |
| April 2025 | 5.2% | £1,398pcm |
| April 2024 | 5.2% | £1,330pcm |
| April 2023 | 8.3% | £1,263pcm |
| April 2022 | 8.6% | £1,167pcm |
| April 2021 | 8.2% | £1,074pcm |
| April 2020 | 3.2% | £992pcm |
| April 2019 | 0.7% | £962pcm |
| April 2018 | 1.7% | £955pcm |
| April 2017 | 2.8% | £939pcm |
| April 2016 | 6% | £914pcm |
| April 2015 | 5.3% | £862pcm |
| April 2014 | 2% | £818pcm |
| April 2013 | 1.9% | £803pcm |
| April 2012 | 3.6% | £787pcm |
| April 2011 | 1.4% | £760pcm |
| April 2010 | 3.9% | £749pcm |
| April 2009 | -5.8% | £721pcm |
| April 2008 | 4.9% | £766pcm |
| April 2007 | 0% | £730pcm |
Explore Propertiesin NR16 1LW, Overwood Lane, Forncett St. Peter, Norwich, NR16
Sales Historyin NR16 1LW
The last sale was on 30th October 2018 for £530,000 and since then the market in the area has increased by 17.5%. The postcode has had a total of 1 sales since 1995.
NR16 1LW has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto NR16 1LW
NR16 1LW is the 71st largest and the 290th most expensive postcode out of the 479 postcodes in the NR16 area.
- 315 mNR16 1LP, Low Common Road, Forncett St. Peter, Norwich, NR16NR16 1LP2 Addresses
- 435 mNR16 1LR, Aslacton Road, Forncett St. Peter, Norwich, NR16NR16 1LR4 Addresses
- 508 mNR16 1SZ, Bunwell Road, Bunwell, Norwich, NR16NR16 1SZ2 Addresses
- 628 mNR16 1TA, Steeple Lane, Bunwell, Norwich, NR16NR16 1TA1 Addresses
- 638 mNR16 1LN, Gilderswood Lane, Forncett St. Peter, Norwich, NR16NR16 1LN5 Addresses
- 722 mNR16 1HU, Mill Road, Forncett St. Peter, Norwich, NR16NR16 1HU16 Addresses
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Property Typesin NR16 1LW
- 1 early-century house built between 1912 and 1935
- 2 other addresses of unknown type
- early-century house (1)
- Unknown (2)
Energy Efficiencyof properties in NR16 1LW
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (4)
Top 3 Most Expensive Saleson Overwood Lane
Schools Nearbyto NR16 1LW
The nearest primary school to NR16 1LW is Forncett St Peter Church of England Voluntary Aided Primary School which is 881 metres away.
- 881mForncett St Peter Church of England Voluntary Aided Primary School
- 1.2kmAslacton Primary School
- 3.1kmTacolneston Church of England Primary Academy
The nearest secondary school is Long Stratton High School which is 3.8 kilometres away.
- 3.8kmLong Stratton High School
- 8.8kmOld Buckenham High School
- 10.2kmWymondham College
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Public Transport Nearbyto NR16 1LW
The closest station to NR16 1LW is Spooner Row station which is 8.0 kilometres away.
- 8.0kmSpooner Row
- 9.6kmWymondham
- 10.7kmAttleborough
- 12.9kmDiss
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