16 Palmer Close

    16, PALMER CLOSE, NORWICH, NR3 3RX

    This flat/maisonette leasehold property on Palmer Close last sold in March 2023 for £134,000. Based on price growth in the NR3 district since then, its estimated current value is £105,902 — placing it in the 5th percentile nationally and the 6th percentile within NR3. The property covers 56 m² (603 sq ft), giving an estimated value of £1,891 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £134,000

    Mar 2023

    Estimated Valuation

    £105,902

    Est. £/sq ft

    £176/sq ft

    £1,891/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateDec 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2023

    £134,000

    22 Apr 2021

    £105,000

    27 Nov 2006

    £84,000

    17 Dec 2001

    £11,200

    Key Metrics

    Estimated valuation£105,902
    Value per sq ft / m²£176/sq ft (£1,891/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR3 district percentile6th percentile
    National percentile5th 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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