55 Melrose Road

    55, MELROSE ROAD, NORWICH, NR4 7PN

    This terraced freehold property on Melrose Road last sold in May 2014 for £232,000. Based on price growth in the NR4 district since then, its estimated current value is £341,228 — placing it in the 58th percentile nationally and the 51st percentile within NR4. The property covers 79 m² (850 sq ft), giving an estimated value of £4,319 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £232,000

    May 2014

    Estimated Valuation

    £341,228

    Est. £/sq ft

    £401/sq ft

    £4,319/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area850 sq ft (79 m²)
    EPC dateMar 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 May 2014

    £232,000

    26 Oct 2010

    £188,500

    26 Oct 2007

    £173,000

    23 Mar 2006

    £154,950

    Key Metrics

    Estimated valuation£341,228
    Value per sq ft / m²£401/sq ft (£4,319/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR4 district percentile51st percentile
    National percentile58th 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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