1 Pound Close

    1, POUND CLOSE, BANHAM, NORWICH, NR16 2SY

    This detached freehold property on Pound Close last sold in September 2020 for £300,000. Based on price growth in the NR16 district since then, its estimated current value is £316,539 — placing it in the 53rd percentile nationally and the 40th percentile within NR16. The property covers 70 m² (753 sq ft), giving an estimated value of £4,522 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £300,000

    Sept 2020

    Estimated Valuation

    £316,539

    Est. £/sq ft

    £420/sq ft

    £4,522/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms4
    Main fueloil (not community)
    EPC currentC
    EPC potentialB
    Floor area753 sq ft (70 m²)
    EPC dateMar 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and underfloor heating, oil

    Transaction History

    30 Sept 2020

    £300,000

    6 Aug 2018

    £280,000

    22 Jun 2015

    £217,000

    27 Nov 1998

    New build

    £74,000

    Key Metrics

    Estimated valuation£316,539
    Value per sq ft / m²£420/sq ft (£4,522/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR16 district percentile40th percentile
    National percentile53rd percentile

    District Context — NR16

    NR16 covers central Norfolk, including parts of the Norwich urban area and surrounding settlements. It is a mixed residential district with broad appeal to families, retirees, and commuters within reach of the regional hub.

    Average Property Price - NR16

    £387,437

    65

    National percentile

    Average Net Household Income - NR16

    £40,847

    62

    National percentile

    10-Year Annualised Price Growth - NR16

    3.9%

    61

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR16

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