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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2 Needham Place, Norwich is a modern leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Needham Place, Norwich is £215,155 and the estimated rental value is £948 per month.
The apartment is within Needham Place, St. Stephens Square, Norwich, NR1.
St. Stephens Square, Norwich, NR1 is located in the borough of Norwich within the NR1 postal district.
2 Needham Place, Norwich has 41 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated July 2019.
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.
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 2 Needham Place, Norwich is in very good condition we estimate a sale value of £225,912 and a rental value of £996 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,094 and a rental value of £882 per month.
Over the last 12 months the sale value of 2 Needham Place Norwich has decreased by an estimated £2,805 (1.3%) and its rental value has increased by an estimated £29 per month (3.1%), giving an expected gross yield of 5.3%.
2 Needham Place, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jul 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 2 Needham Place, Norwich was last sold on 12th December 2023 for £285,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since December 2023, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Needham Place, Norwich within a radius of 390 metres over the last 2 years.
The most recent example is 4 Needham Place, St. Stephens Square, Norwich, NR1 3SD, a leasehold flat which sold for £195,000 on the 30th March 2026.
Read more about house prices in NR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Stephens Square, Norwich, NR1 has a total of 53 addresses. According to our analysis of all the public data, 2 Needham Place, Norwich is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in NR1.
The closest station to 2 Needham Place, Norwich is Norwich station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Needham Place, Norwich, 46.9% of property is privately rented and 23.4% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2 Needham Place, Norwich, 22.6% of residents are recorded as possessing school level qualifications and 58.4% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2 Needham Place, Norwich, the average age was 41 and the most common age was 22.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2 Needham Place, Norwich, 0.3% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2 Needham Place, Norwich, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
