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According to the public record, 24 Needham Place, Norwich is a modern leasehold apartment with 925 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 24 Needham Place, Norwich is £228,803 and the estimated rental value is £1,022 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.
24 Needham Place, Norwich has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated May 2018.
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 24 Needham Place, Norwich is in very good condition we estimate a sale value of £240,243 and a rental value of £1,073 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £212,787 and a rental value of £951 per month.
Over the last 12 months the sale value of 24 Needham Place Norwich has decreased by an estimated £4,473 (2.0%) and its rental value has increased by an estimated £24 per month (2.4%), giving an expected gross yield of 5.4%.
24 Needham Place, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 May 2018.
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, 24 Needham Place, Norwich was last sold on 12th June 2024 for £162,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2024, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24 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, 24 Needham Place, Norwich is the 24th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £5k more expensive than the average property in NR1.
The closest station to 24 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 24 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 24 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 24 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 24 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 24 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.
