Wood Lane - NR16 1TE
Key Postcode Insights
NR16 1TE is a residential postcode situated on Wood Lane, Bunwell, Norwich, NR16 with 2 addresses.
It ranks as the 53rd largest and 467th most expensive of the 479 postcodes in the NR16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £775,212
- 10 Year change
- up 30.9%
- Ave. Rental Price
- £1,764pcm
- 10 Year change
- up 56.5%
- Ave. £ per ft²
- £390/ft²
- Ave. Gross Yield
- 2.7%/year/yr
Key Postcode Insights
NR16 1TE is a residential postcode situated on Wood Lane, Bunwell, Norwich, NR16 with 2 addresses.
It ranks as the 53rd largest and 467th most expensive of the 479 postcodes in the NR16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £775,212
- 10 Year change
- up 30.9%
- Ave. Rental Price
- £1,764pcm
- 10 Year change
- up 56.5%
- Ave. £ per ft²
- £390/ft²
- Ave. Gross Yield
- 2.7%/year/yr
Sales Market Trends
The current average value in the postcode is £775,212.
The NR16 1TE Sales Market has increased by 30.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.5% | £775,212 |
| June 2025 | -1% | £803,216 |
| June 2024 | -2.6% | £810,949 |
| June 2023 | 0.8% | £832,577 |
| June 2022 | 12.5% | £825,593 |
| June 2021 | 7.7% | £734,098 |
| June 2020 | 4.1% | £681,430 |
| June 2019 | 1.5% | £654,900 |
| June 2018 | 2.1% | £645,246 |
| June 2017 | 6.7% | £632,215 |
| June 2016 | 6.5% | £592,388 |
| June 2015 | 8.2% | £556,476 |
| June 2014 | 8.1% | £514,458 |
| June 2013 | 0.2% | £475,876 |
| June 2012 | -1% | £474,936 |
| June 2011 | 2.5% | £479,872 |
| June 2010 | 8.6% | £468,255 |
| June 2009 | -13.2% | £431,122 |
| June 2008 | -0.1% | £496,940 |
| June 2007 | 0% | £497,333 |
Rental Market Trends
The current average rental value in the postcode is £1,764.
The NR16 1TE Rental Market has increased by 56.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,764pcm |
| June 2025 | 6% | £1,720pcm |
| June 2024 | 6.7% | £1,623pcm |
| June 2023 | 6.5% | £1,521pcm |
| June 2022 | 8.3% | £1,428pcm |
| June 2021 | 9% | £1,319pcm |
| June 2020 | 1.2% | £1,211pcm |
| June 2019 | 0.9% | £1,197pcm |
| June 2018 | 2.1% | £1,187pcm |
| June 2017 | 3.2% | £1,163pcm |
| June 2016 | 6.1% | £1,127pcm |
| June 2015 | 4.3% | £1,062pcm |
| June 2014 | 2.8% | £1,018pcm |
| June 2013 | 0.7% | £991pcm |
| June 2012 | 1.5% | £984pcm |
| June 2011 | 2% | £969pcm |
| June 2010 | 6.9% | £950pcm |
| June 2009 | -4.4% | £889pcm |
| June 2008 | 1% | £929pcm |
| June 2007 | 0% | £921pcm |
Nearby Postcodes
NR16 1TE is the 53rd largest and the 467th most expensive postcode out of the 479 postcodes in the NR16 area.
- NR16 1TF, Wood Lane, Bunwell, Norwich, NR16NR16 1TF1 Addresses|231 m away
- NR16 1SN, The Turnpike, Bunwell, Norwich, NR16NR16 1SN11 Addresses|355 m away
- NR16 1SW, The Turnpike, Bunwell, Norwich, NR16NR16 1SW18 Addresses|409 m away
- NR16 1FJ, George Close, Bunwell, Norwich, NR16NR16 1FJ8 Addresses|487 m away
- NR16 1RY, Norwich Road, Bunwell, Norwich, NR16NR16 1RY2 Addresses|560 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Jan 2017£525,000 | 5 Bed HouseThe Rectory, Wood Lane, Norwich, NR16 1TFThe Rectory, Wood Lane, Norwich, NR16 1TF
- Sold Jul 2000£185,000 | 5 Bed HouseThe Rectory, Wood Lane, Norwich, NR16 1TFThe Rectory, Wood Lane, Norwich, NR16 1TF
- Sold Mar 1995£118,000 | 5 Bed HouseThe Rectory, Wood Lane, Norwich, NR16 1TFThe Rectory, Wood Lane, Norwich, NR16 1TF
Schools Nearby
- Bunwell Primary School200 m away
- Carleton Rode Church of England Voluntary Aided Primary School1.2 km away
- Tacolneston Church of England Primary Academy2.9 km away
- Old Buckenham High School6.0 km away
- Long Stratton High School6.6 km away
- Wymondham College7.8 km away
More reading links
Public Transport Nearby
The closest station to NR16 1TE is Spooner Row station, which is 5.8 kilometres away.
- Spooner Row|5.8 km away
- Attleborough|7.8 km away
- Wymondham|8.3 km away
- Eccles Road|11.1 km away
