NR16 in Norwich shows moderate market characteristics with a trajectory score of 47.7/100, placing it at the 35th percentile nationally. Over five years, property prices have grown at 1.4% compound annual rate, whilst rental growth has outpaced this at 5.8% annually. Population expansion remains modest at 1.5% over the same period. The district is classified as latent-stage gentrification, indicating limited structural change currently underway. These metrics suggest a rental-focused market with constrained capital appreciation, where income yield dynamics may be more prominent than property value escalation for investors assessing this East Anglian location.
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See plans from £20/moKey signals
- 1Property prices up 0.8% over 5 years (5yr CAGR)
- 2Rents growing at 5.8% per year
- 3Population growing at 1.5% per year
Nearby districts
What's changing in Norwich · June 2026
The trajectory score moved down 2.3 points this month to 45/100, driven mainly by safety.
14 planning applications submitted in NR16 over the last six months.
- Notification for Prior Approval for a proposed change of use and associated building works of agricultural barn to a dwellinghouse (QA & QB)Jun 2026 · pending
- Prior approval application for the installation of solar panels to the roof.Jun 2026 · pending
- Upgrade of septic tank with package treatment plantApr 2026 · Unknown
Norwich (NR16) common questions
Is Norwich up and coming?
Norwich (NR16) has a trajectory score of 45/100 (Average), placing it in the top 75% of postcode districts in England and Wales. The score is down 9.2 points over the last 12 months. The score combines price momentum, demand, transformation, economy, safety and risk signals from public data, updated monthly.
Is Norwich safe?
Norwich has a safety score of 29/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Norwich?
The average property price in Norwich (NR16) is £234k as of January 2026, based on UK House Price Index data. Prices have grown at 0.8% per year over the last five years.
What is the average rent in Norwich?
The median monthly rent in Norwich (NR16) is £961 (2026), based on ONS private rental data.
Which areas are near Norwich?
Neighbouring postcode districts include Diss (IP22), Attleborough (NR17), Frinton-On-Sea (CO13), Stowmarket (IP14), Norwich (NR15). Each has its own monthly data page on Praesago.
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Disclaimer: Praesago provides data analytics and market intelligence. Nothing on this platform constitutes financial advice, investment advice, or a personal recommendation. Property values can fall as well as rise. Past performance does not predict future results. Seek independent financial and legal advice before making property investment decisions.