Fairmount Folgate Lane

    FAIRMOUNT, FOLGATE LANE, COSTESSEY, NORWICH, NR8 5DP

    This detached freehold property on Folgate Lane last sold in June 2021 for £780,000. Based on price growth in the NR8 district since then, its estimated current value is £796,164 — placing it in the 93rd percentile nationally and the 99th percentile within NR8. The property covers 250 m² (2,691 sq ft), giving an estimated value of £3,185 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,691 sq ft

    250 m²

    Last Sale Price

    £780,000

    Jun 2021

    Estimated Valuation

    £796,164

    Est. £/sq ft

    £296/sq ft

    £3,185/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,691 sq ft (250 m²)
    EPC dateSept 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Jun 2021

    £780,000

    Key Metrics

    Estimated valuation£796,164
    Value per sq ft / m²£296/sq ft (£3,185/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR8 district percentile99th percentile
    National percentile93rd percentile

    District Context — NR8

    NR8 covers central Norwich and its surrounding suburbs in Norfolk. It is a mixed residential area with a blend of established neighbourhoods, ranging from period housing to modern developments.

    Average Property Price - NR8

    £325,218

    50

    National percentile

    Average Net Household Income - NR8

    £32,698

    17

    National percentile

    10-Year Annualised Price Growth - NR8

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR8

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