3 The Watermill Bracondale Millgate

    3 THE WATERMILL, BRACONDALE MILLGATE, NORWICH, NR1 2EB

    This terraced freehold property on Bracondale Millgate last sold in December 2023 for £570,000. Based on price growth in the NR1 district since then, its estimated current value is £624,859 — placing it in the 87th percentile nationally and the 98th percentile within NR1. The property covers 134 m² (1,442 sq ft), giving an estimated value of £4,663 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,442 sq ft

    134 m²

    Last Sale Price

    £570,000

    Dec 2023

    Estimated Valuation

    £624,859

    Est. £/sq ft

    £433/sq ft

    £4,663/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,442 sq ft (134 m²)
    EPC dateApr 2014
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Dec 2023

    £570,000

    27 Jun 2014

    £325,000

    21 Sept 2009

    £230,000

    31 Aug 2001

    New build

    £182,500

    Key Metrics

    Estimated valuation£624,859
    Value per sq ft / m²£433/sq ft (£4,663/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR1 district percentile98th percentile
    National percentile87th 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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