101, Tower Close
101, Tower Close
Description & Estimates
101, Tower Close, Norwich is recorded publicly as a mid-century leasehold apartment across 731 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 101, Tower Close, Norwich is £135,022 and its rental estimate is £804 per month, given the available information and assuming reasonable condition.
Tower Close, Costessey, Norwich, NR8 falls within the NR8 postal district, in the borough of South Norfolk.
Our Data Sources
101, Tower Close, Norwich has 31 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 101, Tower Close, Norwich, we estimate a market value of £141,773 and a rental value of £844 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £125,571 and £748 per month respectively.
Recent Market Change
Over the last year, 101, Tower Close, Norwich has seen its estimated sale value drop by £2,494 (1.8%) and its estimated rental value rise by £29 per month (3.6%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
101, Tower Close, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 101, Tower Close, Norwich completed on 21st June 2024 at £150,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 25.4% over the period since June 2024.
- Sold Jun 2024£150,000
- Sold Dec 2005£84,000
- Sold Jul 2001£51,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 101, Tower Close, Norwich have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th October 2024, was 65, Tower Close, Norwich, NR8 5AY, a leasehold flat which sold for £145,000.
Read more about house prices in NR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 106 addresses on Tower Close, Costessey, Norwich, NR8, 101, Tower Close, Norwich comes out as the 61st largest and the 99th most expensive in our analysis of the public data.
It is also £181k less expensive than the average property across the NR8 district.
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Schools Nearby
- 700mSt Augustine's Catholic Primary School, Costessey
- 1.2kmQueen's Hill Primary School
- 2.1kmCostessey Primary School
- 1.5kmOrmiston Victory Academy
- 3.0kmTaverham High School
- 4.0kmHellesdon High School
More reading links
Public Transport Nearby
From 101, Tower Close, Norwich, the nearest station is Norwich, 8.2 kilometres away.
- 8.2kmNorwich
- 11.9kmWymondham
- 13.2kmSalhouse
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
