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Albert Place is a residential street with 31 addresses.
It ranks as the 168th largest and 18th most expensive of the 336 streets in the NR1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 31 properties: 1 house and 30 flats.
Albert Place is a residential street with 31 addresses.
It ranks as the 168th largest and 18th most expensive of the 336 streets in the NR1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 31 properties: 1 house and 30 flats.
Sale prices range from £82,945 for 1 bedroom leasehold flats (252 ft2) to £537,444 for 5 bedroom freehold houses with a garden (2,432 ft2) .
Monthly rental prices range from £547 pcm for 1 bed flats to £2,098 pcm for 5 bed houses.
The gross rental yield is between 4.7% and 7.9%.
The average value per square foot is £199.
The last sale on Albert Place sold for £123,250 on 12th January 2024. Since then prices are down an average of 1.7%.
The current average value in the street is £139,405.
The Albert Place Sales Market has increased by 10.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.2% | £139,405 |
| May 2025 | -1.7% | £141,097 |
| May 2024 | -1% | £143,607 |
| May 2023 | -0.7% | £145,031 |
| May 2022 | 6.9% | £146,009 |
| May 2021 | 3.9% | £136,619 |
| May 2020 | 0.2% | £131,524 |
| May 2019 | 1% | £131,205 |
| May 2018 | 0.1% | £129,926 |
| May 2017 | 2.6% | £129,826 |
| May 2016 | 5.3% | £126,522 |
| May 2015 | 6.9% | £120,104 |
| May 2014 | 8.2% | £112,319 |
| May 2013 | 3.5% | £103,771 |
| May 2012 | -0.8% | £100,251 |
| May 2011 | -4.1% | £101,047 |
| May 2010 | 7.2% | £105,320 |
| May 2009 | -14.7% | £98,284 |
| May 2008 | -6.1% | £115,199 |
| May 2007 | 0% | £122,638 |
The current average rental value in the street is £829.
The Albert Place Rental Market has increased by 47.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3% | £829pcm |
| May 2025 | 3% | £804pcm |
| May 2024 | 8.9% | £781pcm |
| May 2023 | 6.2% | £717pcm |
| May 2022 | 6.4% | £675pcm |
| May 2021 | 7.5% | £635pcm |
| May 2020 | 3.3% | £590pcm |
| May 2019 | 1% | £571pcm |
| May 2018 | 0% | £566pcm |
| May 2017 | 0.4% | £566pcm |
| May 2016 | 3.8% | £563pcm |
| May 2015 | 2.2% | £543pcm |
| May 2014 | 1.1% | £531pcm |
| May 2013 | 1.9% | £526pcm |
| May 2012 | 1.4% | £516pcm |
| May 2011 | 2.2% | £509pcm |
| May 2010 | 3.2% | £498pcm |
| May 2009 | -8.4% | £482pcm |
| May 2008 | 0.7% | £526pcm |
| May 2007 | 0% | £523pcm |
The last sale was on 12th January 2024 for £123,250 and since then the market in the area has decreased by 1.7%. The street has had a total of 17 sales since 1995.
Albert Place, Norwich, NR1 has seen 1 sale in the last three years and no sales in the last twelve months.
Albert Place, Norwich, NR1 is the 168th largest and the 18th most expensive street in the NR1 area.
There is 1 postcode on Albert Place, Norwich, NR1.
The closest station to Albert Place, Norwich, NR1 is Norwich station which is 700 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Albert Place, Norwich, NR1, 60.4% of property is socially rented and 14.2% 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 Albert Place, Norwich, NR1, 6.9% of residents are recorded as possessing school level qualifications and 21.3% 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 Albert Place, Norwich, NR1, the average age was 39.7 and the most common age was 27.
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 Albert Place, Norwich, NR1, 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 Albert Place, Norwich, NR1, there are an average of 0.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.