NR16 1HB is a residential postcode located on Greenwood Close, Ashwellthorpe, Norwich, NR16. It is the 317th largest postcode in the NR16 area.
It contains 12 houses and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £297,643. Sales values have increased in the last 12 months by 1.6% and Rental values have increased by 1.2%.
Property sale values range from £281,940 for a freehold house, with 3 bedrooms split across 962 square feet of gross internal area and has a garden to £369,477 for a freehold house, with 4 bedrooms split across 1,539 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NR16 1HB is £279/ft2.
Properties achieve a rental yield of between 4.7% and 5.1%, and rental values range from £1,208 to £1,441 per month.
The last sale was 29 Jun 2021 for £327,000 and since then the market in the area as increased by 7.9%. The postcode has had a total of 4 sales since 1995.
NR16 1HB has seen 1 sale in the last three years and no sales in the last twelve months.
NR16 1HB is the 317th largest and the 85th most expensive postcode out of the 473 postcodes in the NR16 area.
NR16 1HB is a residential postcode located on Greenwood Close, Ashwellthorpe, Norwich, NR16 with 12 houses within its bounds.
The most common property type in NR16 1HB is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being E.
The closest station to NR16 1HB is Wymondham station which is 4.2 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NR16 1HB, 52.8% of property is privately owned outright and 26.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 1HB, 16.5% of residents are recorded as possessing school level qualifications and 36.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around NR16 1HB, the average age was 44.5 and the most common age was 57.
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 1HB, 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 1HB, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.