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Chapters Park Lane is a residential building situated on Park Lane, Norwich, NR2 with 17 addresses.
It ranks as the 482nd largest and 467th most expensive of the 510 buildings in the NR2 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 17 properties: 17 flats.
Chapters Park Lane is a residential building situated on Park Lane, Norwich, NR2 with 17 addresses.
It ranks as the 482nd largest and 467th most expensive of the 510 buildings in the NR2 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 17 properties: 17 flats.
Sale prices range from £200,223 for 1 bedroom leasehold flats (441 ft2) to £676,538 for 4 bedroom freehold houses with a garden (1,539 ft2) .
Monthly rental prices range from £1,006 pcm for 1 bed flats to £2,499 pcm for 4 bed houses.
The gross rental yield is between 4.4% and 6.1%.
The average value per square foot is £440.
The last sale in Chapters Park Lane sold for £320,000 on 7th March 2025. Since then prices are down an average of 2.8%.
The current average value in the building is £372,657.
The Chapters Park Lane Sales Market has increased by 12.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.4% | £372,657 |
| May 2025 | -1.8% | £377,808 |
| May 2024 | -3.3% | £384,741 |
| May 2023 | 3.7% | £397,899 |
| May 2022 | 4.2% | £383,846 |
| May 2021 | 3.6% | £368,314 |
| May 2020 | 3.3% | £355,469 |
| May 2019 | 1.3% | £344,079 |
| May 2018 | 2.2% | £339,594 |
| May 2017 | 0% | £332,405 |
| May 2016 | 6.9% | £332,470 |
| May 2015 | 7.8% | £310,949 |
| May 2014 | 6.5% | £288,430 |
| May 2013 | 3.5% | £270,946 |
| May 2012 | -1.1% | £261,881 |
| May 2011 | -0.7% | £264,739 |
| May 2010 | 10% | £266,633 |
| May 2009 | -11.4% | £242,373 |
| May 2008 | -5.2% | £273,519 |
| May 2007 | 0% | £288,532 |
The current average rental value in the building is £1,548.
The Chapters Park Lane Rental Market has increased by 52.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.8% | £1,548pcm |
| May 2025 | 1.3% | £1,506pcm |
| May 2024 | 6.5% | £1,486pcm |
| May 2023 | 4.7% | £1,395pcm |
| May 2022 | 8% | £1,333pcm |
| May 2021 | 14.2% | £1,234pcm |
| May 2020 | 2.5% | £1,081pcm |
| May 2019 | 1.8% | £1,055pcm |
| May 2018 | -3.4% | £1,036pcm |
| May 2017 | 5.8% | £1,072pcm |
| May 2016 | 2.3% | £1,013pcm |
| May 2015 | 4.4% | £990pcm |
| May 2014 | 0.6% | £948pcm |
| May 2013 | 3.1% | £943pcm |
| May 2012 | 1.9% | £915pcm |
| May 2011 | 3.4% | £897pcm |
| May 2010 | 4.6% | £868pcm |
| May 2009 | -5.8% | £830pcm |
| May 2008 | -0.7% | £881pcm |
| May 2007 | 0% | £887pcm |
The last sale was on 7th March 2025 for £320,000 and since then the market in the area has decreased by 2.8%. The building has had a total of 17 sales since 1995.
Chapters, Park Lane, Norwich, NR2 3FA has seen 15 sales in the last three years and no sales in the last twelve months.
The closest station to Chapters, Park Lane, Norwich, NR2 3FA is Norwich station which is 2.1 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Chapters, Park Lane, Norwich, NR2 3FA, 45.5% of property is privately rented and 31.8% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Chapters, Park Lane, Norwich, NR2 3FA, 31.8% of residents are recorded as possessing school level qualifications and 61.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Chapters, Park Lane, Norwich, NR2 3FA, the average age was 37.6 and the most common age was 22.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Chapters, Park Lane, Norwich, NR2 3FA, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Chapters, Park Lane, Norwich, NR2 3FA, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.