7 Launceston Terrace

    7, LAUNCESTON TERRACE, NORWICH, NR2 2HJ

    This flat/maisonette leasehold property on Launceston Terrace last sold in June 2015 for £225,000. Based on price growth in the NR2 district since then, its estimated current value is £258,656 — placing it in the 40th percentile nationally and the 44th percentile within NR2. The property covers 119 m² (1,281 sq ft), giving an estimated value of £2,174 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,281 sq ft

    119 m²

    Last Sale Price

    £225,000

    Jun 2015

    Estimated Valuation

    £258,656

    Est. £/sq ft

    £202/sq ft

    £2,174/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,281 sq ft (119 m²)
    EPC dateMay 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Jun 2015

    £225,000

    16 Aug 2004

    £199,950

    19 Jul 2002

    £160,000

    17 Dec 1999

    £80,500

    31 Jul 1998

    £58,000

    Key Metrics

    Estimated valuation£258,656
    Value per sq ft / m²£202/sq ft (£2,174/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR2 district percentile44th percentile
    National percentile40th 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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