41 Newmarket Road

    41, NEWMARKET ROAD, NORWICH, NR2 2HN

    This detached freehold property on Newmarket Road last sold in July 2024 for £1,350,000. Based on price growth in the NR2 district since then, its estimated current value is £1,224,724 — placing it in the 97th percentile nationally and the 99th percentile within NR2. The property covers 274 m² (2,949 sq ft), giving an estimated value of £4,470 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,949 sq ft

    274 m²

    Last Sale Price

    £1,350,000

    Jul 2024

    Estimated Valuation

    £1,224,724

    Est. £/sq ft

    £415/sq ft

    £4,470/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms10
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area2,949 sq ft (274 m²)
    EPC dateDec 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jul 2024

    £1,350,000

    Key Metrics

    Estimated valuation£1,224,724
    Value per sq ft / m²£415/sq ft (£4,470/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR2 district percentile99th percentile
    National percentile97th 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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