55 Hemming Way

    55, HEMMING WAY, NORWICH, NR3 2AF

    This flat/maisonette leasehold property on Hemming Way last sold in July 2023 for £165,000. Based on price growth in the NR3 district since then, its estimated current value is £130,402 — placing it in the 9th percentile nationally and the 14th percentile within NR3. The property covers 54 m² (581 sq ft), giving an estimated value of £2,415 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £165,000

    Jul 2023

    Estimated Valuation

    £130,402

    Est. £/sq ft

    £224/sq ft

    £2,415/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area581 sq ft (54 m²)
    EPC dateJul 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    28 Jul 2023

    £165,000

    29 Mar 2021

    £140,000

    8 Oct 2015

    £128,500

    26 Aug 2008

    £116,000

    16 Dec 2005

    £133,950

    Key Metrics

    Estimated valuation£130,402
    Value per sq ft / m²£224/sq ft (£2,415/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR3 district percentile14th percentile
    National percentile9th percentile

    District Context — NR3

    NR3 covers central Norwich and its immediate surroundings in Norfolk, sitting at the heart of the city's urban core. The area blends historic character with modern urban amenities, attracting a diverse mix of residents and renters.

    Average Property Price - NR3

    £216,195

    17

    National percentile

    Average Net Household Income - NR3

    £28,556

    5

    National percentile

    10-Year Annualised Price Growth - NR3

    2.9%

    25

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR3

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