5 Hanover Road

    5, HANOVER ROAD, NORWICH, NR2 2HD

    This terraced freehold property on Hanover Road last sold in August 2022 for £407,000. Based on price growth in the NR2 district since then, its estimated current value is £415,125 — placing it in the 69th percentile nationally and the 78th percentile within NR2. The property covers 97 m² (1,044 sq ft), giving an estimated value of £4,280 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £407,000

    Aug 2022

    Estimated Valuation

    £415,125

    Est. £/sq ft

    £398/sq ft

    £4,280/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateApr 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Aug 2022

    £407,000

    16 Dec 2016

    £310,000

    21 Mar 2014

    £265,500

    12 Oct 2012

    £245,000

    20 Oct 2006

    £226,500

    18 Aug 2003

    £174,500

    Key Metrics

    Estimated valuation£415,125
    Value per sq ft / m²£398/sq ft (£4,280/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR2 district percentile78th percentile
    National percentile69th 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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