59 Park Lane

    59, PARK LANE, NORWICH, NR2 3EF

    This terraced freehold property on Park Lane last sold in July 2019 for £500,000. Based on price growth in the NR2 district since then, its estimated current value is £566,627 — placing it in the 84th percentile nationally and the 90th percentile within NR2. The property covers 172 m² (1,851 sq ft), giving an estimated value of £3,294 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,851 sq ft

    172 m²

    Last Sale Price

    £500,000

    Jul 2019

    Estimated Valuation

    £566,627

    Est. £/sq ft

    £306/sq ft

    £3,294/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,851 sq ft (172 m²)
    EPC dateApr 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas, Electric storage heaters

    Transaction History

    8 Jul 2019

    £500,000

    9 May 2016

    £420,000

    Key Metrics

    Estimated valuation£566,627
    Value per sq ft / m²£306/sq ft (£3,294/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR2 district percentile90th percentile
    National percentile84th 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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