2, Peel Mews
2, Peel Mews
Description & Estimates
2, Peel Mews, Norwich is recorded publicly as a modern leasehold apartment across 882 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 2, Peel Mews, Norwich is £196,214 and its rental estimate is £842 per month, given the available information and assuming reasonable condition.
Peel Mews, Norwich, NR3 falls within the NR3 postal district, in the borough of Norwich.
Our Data Sources
2, Peel Mews, Norwich has 31 entries in the Land Registry , most recently in October 2015 and a single entry in the EPC database dated June 2015.
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 2, Peel Mews, Norwich, we estimate a market value of £206,025 and a rental value of £884 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £182,479 and £783 per month respectively.
Recent Market Change
Over the last year, 2, Peel Mews, Norwich has seen its estimated sale value fall by £1,874 (1.0%) and its estimated rental value move up by £24 per month (2.9%). This results in an estimated gross rental yield of 5.1%.
Energy Efficiency
2, Peel Mews, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jun 2015.
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 2, Peel Mews, Norwich completed on 23rd October 2015 at £173,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 34.7% over the period since October 2015.
- Sold Oct 2015£173,000
- Sold Aug 2007£165,500
- Sold Dec 2004£122,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Peel Mews, Norwich have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2024, was 17, Unicorn Yard, Norwich, NR3 3AL, a leasehold flat which sold for £210,000.
Read more about house prices in NR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 20 addresses on Peel Mews, Norwich, NR3, 2, Peel Mews, Norwich comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £12k less expensive than the average property across the NR3 district.
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Schools Nearby
- 800mBignold Primary School and Nursery
- 900mThe Free School Norwich
- 1.0kmCharles Darwin Primary School
- 200mJane Austen College
- 1.0kmNotre Dame High School, Norwich
- 1.8kmSewell Park Academy
More reading links
Public Transport Nearby
From 2, Peel Mews, Norwich, the nearest station is Norwich, 1.2 kilometres away.
- 1.2kmNorwich
- 8.4kmSalhouse
- 8.7kmBrundall 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.
