2, College Lane
2, College Lane
Description & Estimates
Public records show 2, College Lane, Norwich to be a mid-century leasehold apartment with 452 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
2, College Lane, Norwich has an estimated sale value of £112,722 and an estimated rental value of £707 per month, assuming reasonable condition and based on the information available.
College Lane, Norwich, NR4 lies in the borough of South Norfolk, within the NR4 postal district.
Our Data Sources
2, College Lane, Norwich has 71 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated November 2021.
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
In very good condition, we estimate 2, College Lane, Norwich would be worth £118,358, with a potential rental value of £742 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £104,832, with a rental value of £657 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, College Lane, Norwich has declined by £1,384 (1.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £22 (3.1%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
2, College Lane, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
2, College Lane, Norwich last changed hands on 7th November 2024, selling for £112,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 7 times since 1995.
The market for similar properties has risen by 15.0% since November 2024.
- Sold Nov 2024£112,000
- Sold Oct 2020£89,000
- Sold Feb 2017£87,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.0 kilometres of 2, College Lane, Norwich across the last 2 years.
Most recently, 4, College Lane, Norwich, NR4 6TW, a leasehold flat, sold at £115,000 on the 19th December 2024.
Read more about house prices in NR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, College Lane, Norwich as the 10th largest and the 10th most expensive of the 13 addresses on College Lane, Norwich, NR4.
Against the NR4 postcode district average, it is £250k less expensive than the typical property.
More reading links
Schools Nearby
- 2.0kmEaton Primary School
- 2.5kmCringleford CE VA Primary School
- 2.8kmTuckswood Academy
- 1.9kmUniversity Technical College Norfolk
- 2.8kmCity of Norwich School, An Ormiston Academy
- 3.4kmHewett Academy
More reading links
Public Transport Nearby
Norwich station is the nearest stop to 2, College Lane, Norwich at 5.3 kilometres away.
- 5.3kmNorwich
- 9.8kmWymondham
- 11.6kmBrundall Gardens
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
