NR16 2AJ is a residential postcode situated on Watton Road, Larling, Norwich, NR16 with 19 addresses.
It ranks as the 383rd largest and 349th most expensive of the 479 postcodes in the NR16 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 19 properties: 19 houses.
NR16 2AJ is a residential postcode situated on Watton Road, Larling, Norwich, NR16 with 19 addresses.
It ranks as the 383rd largest and 349th most expensive of the 479 postcodes in the NR16 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 19 properties: 19 houses.
Sale prices range from £334,432 for 3 bedroom freehold houses with a garden (871 ft2) to £942,626 for 5 bedroom freehold houses with a garden (5,209 ft2) .
Monthly rental prices range from £962 pcm for 3 bed houses to £2,168 pcm for 5 bed houses.
The gross rental yield is between 2.8% and 4.0%.
The average value per square foot is £302.
The last sale in NR16 2AJ sold for £2,000,000 on 24th May 2024. Since then prices are up an average of 0.7%.
The current average value in the postcode is £492,936.
The NR16 2AJ Sales Market has increased by 29.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.5% | £492,936 |
| April 2025 | -1.7% | £510,732 |
| April 2024 | -3.7% | £519,429 |
| April 2023 | 3.5% | £539,174 |
| April 2022 | 13.6% | £520,944 |
| April 2021 | 6.3% | £458,642 |
| April 2020 | 1.6% | £431,534 |
| April 2019 | 0.8% | £424,529 |
| April 2018 | 3.4% | £421,339 |
| April 2017 | 7.2% | £407,584 |
| April 2016 | 8.2% | £380,078 |
| April 2015 | 9% | £351,372 |
| April 2014 | 8% | £322,301 |
| April 2013 | 2.5% | £298,498 |
| April 2012 | -0.9% | £291,223 |
| April 2011 | 2.8% | £293,917 |
| April 2010 | 4% | £285,860 |
| April 2009 | -15.2% | £274,970 |
| April 2008 | 2.7% | £324,076 |
| April 2007 | 0% | £315,696 |
The current average rental value in the postcode is £1,291.
The NR16 2AJ Rental Market has increased by 49.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £1,291pcm |
| April 2025 | 5.6% | £1,270pcm |
| April 2024 | 5.1% | £1,203pcm |
| April 2023 | 6.8% | £1,145pcm |
| April 2022 | 8% | £1,071pcm |
| April 2021 | 6.1% | £992pcm |
| April 2020 | 1.8% | £935pcm |
| April 2019 | -0.1% | £919pcm |
| April 2018 | 3.2% | £920pcm |
| April 2017 | 2.8% | £891pcm |
| April 2016 | 5.2% | £867pcm |
| April 2015 | 5.7% | £824pcm |
| April 2014 | 2.7% | £780pcm |
| April 2013 | 3% | £759pcm |
| April 2012 | 1.9% | £737pcm |
| April 2011 | 3.3% | £723pcm |
| April 2010 | 2.5% | £700pcm |
| April 2009 | -7.2% | £683pcm |
| April 2008 | 4.5% | £736pcm |
| April 2007 | 0% | £704pcm |
The last sale was on 24th May 2024 for £2,000,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 16 sales since 1995.
NR16 2AJ has seen 2 sales in the last three years and no sales in the last twelve months.
NR16 2AJ is the 383rd largest and the 349th most expensive postcode out of the 479 postcodes in the NR16 area.
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The closest station to NR16 2AJ is Harling Road station which is 1.9 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around NR16 2AJ, 46.6% of property is privately owned outright and 35.6% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NR16 2AJ, 15.6% of residents are recorded as possessing school level qualifications and 27.3% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NR16 2AJ, the average age was 46.5 and the most common age was 72.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NR16 2AJ, 0.7% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NR16 2AJ, there are an average of 2.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.