40 Essex Street

    40, ESSEX STREET, NORWICH, NR2 2BL

    This terraced freehold property on Essex Street last sold in March 2025 for £375,000. Based on price growth in the NR2 district since then, its estimated current value is £375,000 — placing it in the 63rd percentile nationally and the 72nd percentile within NR2. The property covers 106 m² (1,141 sq ft), giving an estimated value of £3,538 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £375,000

    Mar 2025

    Estimated Valuation

    £375,000

    Est. £/sq ft

    £329/sq ft

    £3,538/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,141 sq ft (106 m²)
    EPC dateMay 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Mar 2025

    £375,000

    11 Jan 2019

    £300,000

    8 Dec 2009

    £225,000

    Key Metrics

    Estimated valuation£375,000
    Value per sq ft / m²£329/sq ft (£3,538/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR2 district percentile72nd percentile
    National percentile63rd percentile

    District Context — NR2

    NR2 covers central Norwich and its immediately surrounding residential neighbourhoods in Norfolk. It is a mixed urban area with a blend of period properties, terraced housing, and modern developments, appealing to first-time buyers, young professionals, and landlords seeking rental returns.

    Average Property Price - NR2

    £311,124

    45

    National percentile

    Average Net Household Income - NR2

    £24,083

    3

    National percentile

    10-Year Annualised Price Growth - NR2

    2.9%

    26

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR2

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