Karma Folgate Lane

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

    This detached freehold property on Folgate Lane last sold in November 2018 for £410,000. Based on price growth in the NR8 district since then, its estimated current value is £510,187 — placing it in the 80th percentile nationally and the 91st percentile within NR8. The property covers 143 m² (1,539 sq ft), giving an estimated value of £3,568 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,539 sq ft

    143 m²

    Last Sale Price

    £410,000

    Nov 2018

    Estimated Valuation

    £510,187

    Est. £/sq ft

    £331/sq ft

    £3,568/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,539 sq ft (143 m²)
    EPC dateJun 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Nov 2018

    £410,000

    24 Apr 2006

    £285,000

    Key Metrics

    Estimated valuation£510,187
    Value per sq ft / m²£331/sq ft (£3,568/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR8 district percentile91st percentile
    National percentile80th 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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