Key indicators for buyers
The NR16 market is moderately favourable for buyers. Prices are rising at 17.1%, which may favour acting sooner rather than later. Affordability has improved from a peak of 9.5x in 2021 to 7.9x today. Rising rents (£905/mo, +5.9%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Breckland area
A home in Breckland costs 7.9x the local median salary — moderate, improving from a peak of 9.5x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Breckland area
Average monthly rent in Breckland is £905, up 5.9% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Breckland price of £481,250 with a 25% deposit (£120k), a 2-year fixed mortgage at 3.97% costs around £1,899 per month.
Monthly cost comparison based on current data
Uses NR16 avg. price with Breckland rental data
Monthly mortgage payments (£1,899) are £994 more than renting (£905). However, buying requires an upfront deposit of £120k — it would take around 69 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
34, WEST HARLING ROAD, EAST HARLING NR16 2SL | Detached | £760,000 | 16 Jan 2026 |
38A, CROWN STREET, BANHAM NR16 2EX | Semi-detached | £205,000 | 16 Jan 2026 |
KAUHALE, NEW ROAD, TACOLNESTON NR16 1DE | Detached | £442,000 | 16 Jan 2026 |
11, WARMAN WAY, ASHWELLTHORPE NR16 1FF | Detached | £518,000 | 14 Jan 2026 |
TASMANIA, ASLACTON ROAD, FORNCETT ST PETER NR16 1LT | Detached | £356,682 | 19 Dec 2025 |
33, SCRUMPY WAY, BANHAM NR16 2SU | Detached | £340,000 | 19 Dec 2025 |
WOODBURY COTTAGE, MARSH LANE, NEW BUCKENHAM NR16 2BE |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in NR16 sold for £481,250 in 2026, with a median of £480,000 across 4 transactions. Prices rose 17.1% compared to the previous year.
| Detached |
| £282,000 |
| 19 Dec 2025 |
ELM COTTAGE, ROUDHAM NR16 2RJ | Detached | £380,000 | 19 Dec 2025 |
BRAMSHAW, LONG STRATTON ROAD, FORNCETT ST PETER NR16 1HT | Detached | £480,000 | 18 Dec 2025 |
4, WOOD CLOSE, KENNINGHALL NR16 2DX | Semi-detached | £236,000 | 17 Dec 2025 |
5, CROWN MEADOW, KENNINGHALL NR16 2FE | Detached | £357,500 | 17 Dec 2025 |
CLARET HOUSE, FLAXLANDS ROAD, CARLETON RODE NR16 1RL | Detached | £675,000 | 15 Dec 2025 |
21, GALLANTS LANE, EAST HARLING NR16 2NQ | Detached | £380,000 | 15 Dec 2025 |
43, BENTLEY ROAD, FORNCETT ST PETER NR16 1LU | Detached | £532,000 | 11 Dec 2025 |
20, TAYLOR DRIFT, EAST HARLING NR16 2TF | Terraced | £340,000 | 11 Dec 2025 |
7, FALLOW DRIVE, BANHAM NR16 2FJ | Detached | £479,000 | 5 Dec 2025 |
22, DOVEDALE ROAD, TACOLNESTON NR16 1BS | Detached | £230,000 | 4 Dec 2025 |
4, POUND CLOSE, BANHAM NR16 2SY | Detached | £410,000 | 2 Dec 2025 |
5, CHENEYS LANE, TACOLNESTON NR16 1DA | Detached | £230,000 | 28 Nov 2025 |
3, CROWN COURTYARD, KENNINGHALL NR16 2AW | Semi-detached | £370,000 | 28 Nov 2025 |
The most recent recorded sale in NR16 was a detached property on West Harling Road for £760,000 in January 2026. Across the last 20 sales, the median price was £380,000.