18, Derby Street
18, Derby Street
Description & Estimates
18, Derby Street, Norwich is recorded publicly as a mid-century leasehold apartment across 441 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 18, Derby Street, Norwich is £112,203 and its rental estimate is £796 per month, given the available information and assuming reasonable condition.
Derby Street, Norwich, NR2 falls within the NR2 postal district, in the borough of Norwich.
Our Data Sources
18, Derby Street, Norwich has a single entry in the Land Registry from March 2015 and a single entry in the EPC database dated August 2020.
We combine this information with that 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
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 18, Derby Street, Norwich, we estimate a market value of £117,813 and a rental value of £836 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £104,349 and £741 per month respectively.
Recent Market Change
Over the last year, 18, Derby Street, Norwich has seen its estimated sale value decline by £725 (0.6%) and its estimated rental value climb by £28 per month (3.5%). This results in an estimated gross rental yield of 8.5%.
Energy Efficiency
18, Derby Street, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of 18, Derby Street, Norwich completed on 18th March 2015 at £70,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 25.8% over the period since March 2015.
- Sold Mar 2015£70,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 18, Derby Street, Norwich have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd February 2024, was 3, Portway Square, Norwich, NR2 4QQ, a leasehold flat which sold for £125,000.
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 45 addresses on Derby Street, Norwich, NR2, 18, Derby Street, Norwich comes out as the 40th largest and the 44th most expensive in our analysis of the public data.
It is also £173k less expensive than the average property across the NR2 district.
More reading links
Schools Nearby
- 700mNelson Infant School
- 1.0kmAngel Road Junior School
- 1.0kmAngel Road Infant School
- 700mJane Austen College
- 1.6kmSewell Park Academy
- 1.7kmNotre Dame High School, Norwich
More reading links
Public Transport Nearby
From 18, Derby Street, Norwich, the nearest station is Norwich, 1.8 kilometres away.
- 1.8kmNorwich
- 8.5kmSalhouse
- 9.2kmBrundall Gardens
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.
