118, Old Palace Road
118, Old Palace Road
Description & Estimates
118, Old Palace Road, Norwich is recorded publicly as a mid-century leasehold apartment across 624 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 118, Old Palace Road, Norwich is £144,513 and its rental estimate is £906 per month, given the available information and assuming reasonable condition.
Old Palace Road, Norwich, NR2 falls within the NR2 postal district, in the borough of Norwich.
Our Data Sources
118, Old Palace Road, Norwich has 2 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated December 2010.
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 118, Old Palace Road, Norwich, we estimate a market value of £151,739 and a rental value of £952 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £134,397 and £843 per month respectively.
Recent Market Change
Over the last year, 118, Old Palace Road, Norwich has seen its estimated sale value drop by £1,366 (0.9%) and its estimated rental value rise by £29 per month (3.2%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
118, Old Palace Road, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Dec 2010.
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 118, Old Palace Road, Norwich completed on 23rd November 2018 at £130,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 23.1% over the period since November 2018.
- Sold Nov 2018£130,000
- Sold Sep 2011£93,750
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 118, Old Palace Road, Norwich have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd November 2025, was 123, Old Palace Road, Norwich, NR2 4JW, a leasehold flat which sold for £155,000.
Read more about house prices in NR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 112 addresses on Old Palace Road, Norwich, NR2, 118, Old Palace Road, Norwich comes out as the 91st largest and the 81st most expensive in our analysis of the public data.
It is also £140k less expensive than the average property across the NR2 district.
More reading links
Schools Nearby
- 300mNelson Infant School
- 700mWensum Junior School
- 1.1kmAngel Road Infant School
- 1.1kmJane Austen College
- 1.7kmSewell Park Academy
- 2.0kmNotre Dame High School, Norwich
More reading links
Public Transport Nearby
From 118, Old Palace Road, Norwich, the nearest station is Norwich, 2.2 kilometres away.
- 2.2kmNorwich
- 8.7kmSalhouse
- 9.6kmBrundall Gardens
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
