2 Morello Close

    2, MORELLO CLOSE, NORWICH, NR4 7NF

    This detached leasehold property on Morello Close last sold in October 2017 for £220,000. Based on price growth in the NR4 district since then, its estimated current value is £250,030 — placing it in the 37th percentile nationally and the 24th percentile within NR4. The property covers 118 m² (1,270 sq ft), giving an estimated value of £2,119 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,270 sq ft

    118 m²

    Last Sale Price

    £220,000

    Oct 2017

    Estimated Valuation

    £250,030

    Est. £/sq ft

    £197/sq ft

    £2,119/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,270 sq ft (118 m²)
    EPC dateSept 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Oct 2017

    £220,000

    13 Oct 2017

    £220,000

    Key Metrics

    Estimated valuation£250,030
    Value per sq ft / m²£197/sq ft (£2,119/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR4 district percentile24th percentile
    National percentile37th percentile

    District Context — NR4

    NR4 covers central Norwich and its inner neighbourhoods, forming the core of Norfolk's principal city. The area combines established residential streets with urban amenities, attracting a diverse mix of owner-occupiers, professionals, and younger households.

    Average Property Price - NR4

    £373,345

    62

    National percentile

    Average Net Household Income - NR4

    £44,534

    74

    National percentile

    10-Year Annualised Price Growth - NR4

    2.6%

    17

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR4

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