12, Racecourse Road
12, Racecourse Road
Description & Estimates
According to the public record, 12, Racecourse Road, Norwich is a modern apartment with 627 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Racecourse Road, Norwich is £145,551 and the estimated rental value is £850 per month.
Racecourse Road, Norwich, NR7 is located in the borough of Broadland within the NR7 postal district.
Our Data Sources
12, Racecourse Road, Norwich has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2009.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 12, Racecourse Road, Norwich is in very good condition we estimate a sale value of £152,829 and a rental value of £892 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £135,362 and a rental value of £790 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 12, Racecourse Road, Norwich has moved up by £235 (0.2%), while its estimated rental value has increased by £35 per month (4.1%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Energy Efficiency
12, Racecourse Road, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Nov 2009.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 12, Racecourse Road, Norwich was last sold on 31st March 2006 for £85,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
- Sold Mar 2006£85,000
- Sold Nov 1999£37,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Racecourse Road, Norwich within a radius of 540 metres over the last 2 years.
The most recent example is 69 Laurel Court, Armstrong Road, Norwich, NR7 9LS, a leasehold flat which sold for £163,000 on the 22nd July 2024.
Read more about house prices in NR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Racecourse Road, Norwich, NR7 has a total of 108 addresses. According to our analysis of all the public data, 12, Racecourse Road, Norwich is the 37th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in NR7.
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Schools Nearby
- 1.0kmSt William's Primary School
- 1.0kmHeartsease Primary Academy
- 1.2kmFalcon Junior School
- 1.1kmThe Open Academy
- 1.3kmThorpe St Andrew School and Sixth Form
- 1.4kmSprowston Community Academy
More reading links
Public Transport Nearby
The closest station to 12, Racecourse Road, Norwich is Norwich station, which is 3.1 kilometres away.
- 3.1kmNorwich
- 4.8kmSalhouse
- 5.7kmBrundall Gardens
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
