40 Gavin Bank Geoffrey Watling Way

    40 GAVIN BANK, GEOFFREY WATLING WAY, NORWICH, NR1 1GE

    This flat/maisonette leasehold property on Geoffrey Watling Way last sold in November 2020 for £175,000. Based on price growth in the NR1 district since then, its estimated current value is £161,449 — placing it in the 15th percentile nationally and the 29th percentile within NR1. The property covers 52 m² (560 sq ft), giving an estimated value of £3,105 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £175,000

    Nov 2020

    Estimated Valuation

    £161,449

    Est. £/sq ft

    £288/sq ft

    £3,105/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction age2012
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area560 sq ft (52 m²)
    EPC dateMar 2013
    WallsAverage thermal transmittance 0.16 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    26 Nov 2020

    £175,000

    26 Jun 2013

    New build

    £133,995

    Key Metrics

    Estimated valuation£161,449
    Value per sq ft / m²£288/sq ft (£3,105/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR1 district percentile29th percentile
    National percentile15th percentile

    District Context — NR1

    NR1 covers the city centre and immediate surroundings of Norwich, a historic cathedral city in Norfolk. The district has a vibrant urban character with a strong student and young professional presence, supported by cultural institutions and independent retail.

    Average Property Price - NR1

    £236,300

    23

    National percentile

    Average Net Household Income - NR1

    £33,613

    23

    National percentile

    10-Year Annualised Price Growth - NR1

    2.4%

    14

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR1

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