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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 1TEHouse Prices / East of England, South Norfolk, Wood Lane
Last updated May 2026
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 339th most expensive of the 479 postcodes in the NR16 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
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 339th most expensive of the 479 postcodes in the NR16 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
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House Pricesin NR16 1TE
Sale prices range from £316,554 for 3 bedroom freehold houses with a garden (1,087 ft2) to £585,546 for 5 bedroom freehold houses with a garden (3,519 ft2) .
Monthly rental prices range from £1,331 pcm for 3 bed houses to £2,049 pcm for 5 bed houses.
The gross rental yield is between 4.2% and 5.0%.
The average value per square foot is £229.
Average Sale Value
£451,050
Average Rental Value
£1,690 pcm
Average Rental Yield
4.5% /year
Average Value Per Sqft
£229 /ft2
Sales Market Trendsin NR16 1TE
The current average value in the postcode is £451,050.
The NR16 1TE Sales Market has increased by 34.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.4% | £451,050 |
| April 2025 | -1.4% | £467,107 |
| April 2024 | -4.1% | £473,728 |
| April 2023 | 4.6% | £493,859 |
| April 2022 | 13.6% | £472,275 |
| April 2021 | 6.4% | £415,655 |
| April 2020 | 2.9% | £390,786 |
| April 2019 | 2.1% | £379,929 |
| April 2018 | 2.2% | £372,070 |
| April 2017 | 8.2% | £363,898 |
| April 2016 | 7% | £336,443 |
| April 2015 | 8.3% | £314,453 |
| April 2014 | 7.1% | £290,387 |
| April 2013 | 1.8% | £271,110 |
| April 2012 | -3.3% | £266,276 |
| April 2011 | 4.9% | £275,426 |
| April 2010 | 4.8% | £262,463 |
| April 2009 | -15% | £250,334 |
| April 2008 | 4.6% | £294,339 |
| April 2007 | 0% | £281,415 |
Rental Market Trendsin NR16 1TE
The current average rental value in the postcode is £1,690.
The NR16 1TE Rental Market has increased by 53.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £1,690pcm |
| April 2025 | 5.6% | £1,664pcm |
| April 2024 | 5.7% | £1,576pcm |
| April 2023 | 8.6% | £1,491pcm |
| April 2022 | 7.9% | £1,372pcm |
| April 2021 | 6.5% | £1,272pcm |
| April 2020 | 2.4% | £1,195pcm |
| April 2019 | -0.1% | £1,167pcm |
| April 2018 | 2.8% | £1,168pcm |
| April 2017 | 2.9% | £1,136pcm |
| April 2016 | 5.6% | £1,105pcm |
| April 2015 | 5.6% | £1,046pcm |
| April 2014 | 1.2% | £991pcm |
| April 2013 | 1.8% | £979pcm |
| April 2012 | 2.6% | £962pcm |
| April 2011 | 1.5% | £937pcm |
| April 2010 | 3.1% | £923pcm |
| April 2009 | -6.2% | £895pcm |
| April 2008 | 5.7% | £955pcm |
| April 2007 | 0% | £903pcm |
Explore Propertiesin NR16 1TE, Wood Lane, Bunwell, Norwich, NR16
Nearby Postcodesto NR16 1TE
NR16 1TE is the 53rd largest and the 339th most expensive postcode out of the 479 postcodes in the NR16 area.
- 231 mNR16 1TF, Wood Lane, Bunwell, Norwich, NR16NR16 1TF1 Addresses
- 355 mNR16 1SN, The Turnpike, Bunwell, Norwich, NR16NR16 1SN11 Addresses
- 409 mNR16 1SW, The Turnpike, Bunwell, Norwich, NR16NR16 1SW18 Addresses
- 487 mNR16 1FJ, George Close, Bunwell, Norwich, NR16NR16 1FJ8 Addresses
- 560 mNR16 1RY, Norwich Road, Bunwell, Norwich, NR16NR16 1RY2 Addresses
- 597 mNR16 1SJ, Barhams Lane, Bunwell, Norwich, NR16NR16 1SJ2 Addresses
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Property Typesin NR16 1TE
- 1 mid-century house built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (1)
- Unknown (1)
Energy Efficiencyof properties in NR16 1TE
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (1)
Schools Nearbyto NR16 1TE
The nearest primary school to NR16 1TE is Bunwell Primary School which is 189 metres away.
- 189mBunwell Primary School
- 1.2kmCarleton Rode Church of England Voluntary Aided Primary School
- 2.9kmTacolneston Church of England Primary Academy
The nearest secondary school is Old Buckenham High School which is 6.0 kilometres away.
- 6.0kmOld Buckenham High School
- 6.6kmLong Stratton High School
- 7.8kmWymondham College
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Public Transport Nearbyto NR16 1TE
The closest station to NR16 1TE is Spooner Row station which is 5.8 kilometres away.
- 5.8kmSpooner Row
- 7.8kmAttleborough
- 8.3kmWymondham
- 11.1kmEccles Road
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