5 Albert Place

    5, ALBERT PLACE, NORWICH, NR1 4JL

    This flat/maisonette leasehold property on Albert Place last sold in July 2014 for £112,000. Based on price growth in the NR1 district since then, its estimated current value is £115,996 — placing it in the 6th percentile nationally and the 9th percentile within NR1. The property covers 58 m² (624 sq ft), giving an estimated value of £2,000 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £112,000

    Jul 2014

    Estimated Valuation

    £115,996

    Est. £/sq ft

    £186/sq ft

    £2,000/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateNov 2016
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Jul 2014

    £112,000

    Key Metrics

    Estimated valuation£115,996
    Value per sq ft / m²£186/sq ft (£2,000/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR1 district percentile9th percentile
    National percentile6th 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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