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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 1TBHouse Prices / East of England, South Norfolk, Grays Lane
Last updated May 2026
Key Postcode Insights
NR16 1TB is a residential postcode situated on Grays Lane, Bunwell, Norwich, NR16 with 2 addresses.
It ranks as the 52nd largest and 384th most expensive of the 479 postcodes in the NR16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
Key Postcode Insights
NR16 1TB is a residential postcode situated on Grays Lane, Bunwell, Norwich, NR16 with 2 addresses.
It ranks as the 52nd largest and 384th most expensive of the 479 postcodes in the NR16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
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House Pricesin NR16 1TB
Sale prices range from £411,102 for 4 bedroom freehold houses with a garden (1,905 ft2) to £579,765 for 4 bedroom freehold houses with a garden (1,905 ft2) .
Monthly rental prices range from £1,295 pcm for 4 bed houses to £1,373 pcm for 4 bed houses.
The gross rental yield is between 2.7% and 4.0%.
The average value per square foot is £260.
Average Sale Value
£495,434
Average Rental Value
£1,334 pcm
Average Rental Yield
3.2% /year
Average Value Per Sqft
£260 /ft2
Sales Market Trendsin NR16 1TB
The current average value in the postcode is £495,434.
The NR16 1TB Sales Market has increased by 33.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.6% | £495,434 |
| April 2025 | -1.5% | £513,970 |
| April 2024 | -4.4% | £521,884 |
| April 2023 | 4.4% | £545,628 |
| April 2022 | 12.9% | £522,621 |
| April 2021 | 7.5% | £462,807 |
| April 2020 | 2.2% | £430,557 |
| April 2019 | 3% | £421,412 |
| April 2018 | 1.5% | £409,081 |
| April 2017 | 8.3% | £402,936 |
| April 2016 | 8.2% | £371,913 |
| April 2015 | 6.7% | £343,646 |
| April 2014 | 7% | £322,135 |
| April 2013 | 2.4% | £300,989 |
| April 2012 | -2% | £293,806 |
| April 2011 | 3.8% | £299,694 |
| April 2010 | 5.6% | £288,782 |
| April 2009 | -14.2% | £273,589 |
| April 2008 | 5.4% | £318,939 |
| April 2007 | 0% | £302,731 |
Rental Market Trendsin NR16 1TB
The current average rental value in the postcode is £1,334.
The NR16 1TB Rental Market has increased by 52.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.4% | £1,334pcm |
| April 2025 | 5.6% | £1,316pcm |
| April 2024 | 5.5% | £1,246pcm |
| April 2023 | 8.4% | £1,181pcm |
| April 2022 | 8.1% | £1,089pcm |
| April 2021 | 6.7% | £1,008pcm |
| April 2020 | 2.5% | £945pcm |
| April 2019 | 0.6% | £922pcm |
| April 2018 | 2.2% | £916pcm |
| April 2017 | 2.4% | £896pcm |
| April 2016 | 6.1% | £875pcm |
| April 2015 | 5% | £824pcm |
| April 2014 | 1.4% | £785pcm |
| April 2013 | 2.3% | £775pcm |
| April 2012 | 2.9% | £758pcm |
| April 2011 | 1.7% | £736pcm |
| April 2010 | 3.7% | £724pcm |
| April 2009 | -5.8% | £698pcm |
| April 2008 | 6.1% | £741pcm |
| April 2007 | 0% | £698pcm |
Explore Propertiesin NR16 1TB, Grays Lane, Bunwell, Norwich, NR16
Nearby Postcodesto NR16 1TB
NR16 1TB is the 52nd largest and the 384th most expensive postcode out of the 479 postcodes in the NR16 area.
- 350 mNR16 1FA, Grays Lane, Bunwell, Norwich, NR16NR16 1FA1 Addresses
- 474 mNR16 1SY, Low Common, Bunwell, Norwich, NR16NR16 1SY21 Addresses
- 540 mNR16 1SX, Bridge Road, Bunwell, Norwich, NR16NR16 1SX5 Addresses
- 544 mNR16 1SU, Bridge Road, Bunwell, Norwich, NR16NR16 1SU2 Addresses
- 594 mNR16 1TA, Steeple Lane, Bunwell, Norwich, NR16NR16 1TA1 Addresses
- 670 mNR16 1SZ, Bunwell Road, Bunwell, Norwich, NR16NR16 1SZ2 Addresses
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Property Typesin NR16 1TB
- 1 modern house built after 1980
- 1 other address of unknown type
- modern house (1)
- Unknown (1)
Energy Efficiencyof properties in NR16 1TB
- 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 (1)
Schools Nearbyto NR16 1TB
The nearest primary school to NR16 1TB is Aslacton Primary School which is 1.1 kilometres away.
- 1.1kmAslacton Primary School
- 2.0kmForncett St Peter Church of England Voluntary Aided Primary School
- 2.6kmBunwell Primary School
The nearest secondary school is Long Stratton High School which is 4.8 kilometres away.
- 4.8kmLong Stratton High School
- 8.0kmOld Buckenham High School
- 10.2kmWymondham College
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Public Transport Nearbyto NR16 1TB
The closest station to NR16 1TB is Spooner Row station which is 8.1 kilometres away.
- 8.1kmSpooner Row
- 10.0kmWymondham
- 10.2kmAttleborough
- 11.9kmDiss
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