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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1 Water Lane, Colegate, Norwich is a modern leasehold apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1 Water Lane, Colegate, Norwich is £244,464 and the estimated rental value is £1,038 per month.
Colegate, Norwich, NR3 is located in the borough of Norwich within the NR3 postal district.
1 Water Lane, Colegate, Norwich has 51 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated September 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1 Water Lane, Colegate, Norwich is in very good condition we estimate a sale value of £256,688 and a rental value of £1,089 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,352 and a rental value of £965 per month.
Over the last 12 months the sale value of 1 Water Lane Colegate Norwich has decreased by an estimated £1,620 (0.7%) and its rental value has increased by an estimated £30 per month (2.9%), giving an expected gross yield of 5.1%.
1 Water Lane, Colegate, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Sep 2014.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1 Water Lane, Colegate, Norwich was last sold on 22nd July 2022 for £290,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since July 2022, the market for similar properties has dropped 40.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Water Lane, Colegate, Norwich within a radius of 450 metres over the last 2 years.
The most recent example is 2, St. Edmunds Wharf, Norwich, NR3 1GU, a leasehold flat which sold for £325,000 on the 3rd April 2025.
Read more about house prices in NR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colegate, Norwich, NR3 has a total of 53 addresses. According to our analysis of all the public data, 1 Water Lane, Colegate, Norwich is the 17th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £36k more expensive than the average property in NR3.
The closest station to 1 Water Lane, Colegate, Norwich is Norwich station which is 1.1 kilometres away.
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.
The recent census recorded whether a resident owned or rented their home.
In the area around 1 Water Lane, Colegate, Norwich, % of property is and % is .
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 1 Water Lane, Colegate, Norwich, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 1 Water Lane, Colegate, Norwich, 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 1 Water Lane, Colegate, Norwich, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
