Grays Lane - NR16 1TB
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 369th most expensive of the 479 postcodes in the NR16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £493,207
- 10 Year change
- up 30.9%
- Ave. Rental Price
- £1,432pcm
- 10 Year change
- up 56.4%
- Ave. £ per ft²
- £259/ft²
- Ave. Gross Yield
- 3.5%/year/yr
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 369th most expensive of the 479 postcodes in the NR16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £493,207
- 10 Year change
- up 30.9%
- Ave. Rental Price
- £1,432pcm
- 10 Year change
- up 56.4%
- Ave. £ per ft²
- £259/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Sales Market Trends
The current average value in the postcode is £493,207.
The NR16 1TB Sales Market has increased by 30.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.9% | £493,207 |
| June 2025 | -0.9% | £508,086 |
| June 2024 | -3.5% | £512,596 |
| June 2023 | 0.8% | £531,087 |
| June 2022 | 12% | £526,840 |
| June 2021 | 9% | £470,227 |
| June 2020 | 3.4% | £431,547 |
| June 2019 | 2.2% | £417,299 |
| June 2018 | 1.4% | £408,447 |
| June 2017 | 6.9% | £402,940 |
| June 2016 | 7.7% | £376,854 |
| June 2015 | 6.8% | £350,051 |
| June 2014 | 7.4% | £327,704 |
| June 2013 | 0.7% | £304,992 |
| June 2012 | -0.4% | £302,877 |
| June 2011 | 0.9% | £303,988 |
| June 2010 | 11.1% | £301,235 |
| June 2009 | -12.5% | £271,075 |
| June 2008 | 0.2% | £309,773 |
| June 2007 | 0% | £309,053 |
Rental Market Trends
The current average rental value in the postcode is £1,432.
The NR16 1TB Rental Market has increased by 56.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,432pcm |
| June 2025 | 6.2% | £1,393pcm |
| June 2024 | 6.1% | £1,312pcm |
| June 2023 | 6.5% | £1,237pcm |
| June 2022 | 8.3% | £1,161pcm |
| June 2021 | 9% | £1,072pcm |
| June 2020 | 1.7% | £983pcm |
| June 2019 | 1.2% | £966pcm |
| June 2018 | 1.7% | £955pcm |
| June 2017 | 2.5% | £939pcm |
| June 2016 | 6.5% | £916pcm |
| June 2015 | 3.7% | £860pcm |
| June 2014 | 2.5% | £829pcm |
| June 2013 | 1% | £809pcm |
| June 2012 | 1.4% | £801pcm |
| June 2011 | 2% | £790pcm |
| June 2010 | 8.2% | £775pcm |
| June 2009 | -3.7% | £716pcm |
| June 2008 | 0.9% | £743pcm |
| June 2007 | 0% | £737pcm |
Nearby Postcodes
NR16 1TB is the 52nd largest and the 369th most expensive postcode out of the 479 postcodes in the NR16 area.
- NR16 1FA, Grays Lane, Bunwell, Norwich, NR16NR16 1FA1 Addresses|350 m away
- NR16 1SY, Low Common, Bunwell, Norwich, NR16NR16 1SY21 Addresses|474 m away
- NR16 1SX, Bridge Road, Bunwell, Norwich, NR16NR16 1SX5 Addresses|540 m away
- NR16 1SU, Bridge Road, Bunwell, Norwich, NR16NR16 1SU2 Addresses|544 m away
- NR16 1TA, Steeple Lane, Bunwell, Norwich, NR16NR16 1TA1 Addresses|594 m away
Property Types
- 1 modern house built after 1980
- 1 other address of unknown type
- modern house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Schools Nearby
- Aslacton Primary School1.1 km away
- Forncett St Peter Church of England Voluntary Aided Primary School2.0 km away
- Bunwell Primary School2.6 km away
- Long Stratton High School4.8 km away
- Old Buckenham High School8.0 km away
- Wymondham College10.2 km away
More reading links
Public Transport Nearby
The closest station to NR16 1TB is Spooner Row station, which is 8.1 kilometres away.
- Spooner Row|8.1 km away
- Wymondham|10.0 km away
- Attleborough|10.2 km away
- Diss|11.9 km away
