Rede Farmhouse Grove Road

    REDE FARMHOUSE, GROVE ROAD, BANHAM, NORWICH, NR16 2HG

    This detached freehold property on Grove Road last sold in March 2021 for £440,000. Based on price growth in the NR16 district since then, its estimated current value is £409,572 — placing it in the 69th percentile nationally and the 63rd percentile within NR16. The property covers 227 m² (2,443 sq ft), giving an estimated value of £1,804 per m². The EPC rating is F, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,443 sq ft

    227 m²

    Last Sale Price

    £440,000

    Mar 2021

    Estimated Valuation

    £409,572

    Est. £/sq ft

    £168/sq ft

    £1,804/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fueloil (not community)
    EPC currentF
    EPC potentialC
    Floor area2,443 sq ft (227 m²)
    EPC dateSept 2020
    WallsTimber frame, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    17 Mar 2021

    £440,000

    Key Metrics

    Estimated valuation£409,572
    Value per sq ft / m²£168/sq ft (£1,804/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR16 district percentile63rd percentile
    National percentile69th 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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