40 Springbank

    40, SPRINGBANK, NORWICH, NR1 2LJ

    This flat/maisonette leasehold property on Springbank last sold in November 2017 for £100,000. Based on price growth in the NR1 district since then, its estimated current value is £86,491 — placing it in the 2nd percentile nationally and the 2nd percentile within NR1. The property covers 45 m² (484 sq ft), giving an estimated value of £1,922 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £100,000

    Nov 2017

    Estimated Valuation

    £86,491

    Est. £/sq ft

    £179/sq ft

    £1,922/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area484 sq ft (45 m²)
    EPC dateSept 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Nov 2017

    £100,000

    6 Sept 2004

    £85,000

    Key Metrics

    Estimated valuation£86,491
    Value per sq ft / m²£179/sq ft (£1,922/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR1 district percentile2nd percentile
    National percentile2nd 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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