29, The Runnel
29, The Runnel
Description & Estimates
Public records show 29, The Runnel, Norwich to be a modern leasehold apartment with 570 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
29, The Runnel, Norwich has an estimated sale value of £132,032 and an estimated rental value of £874 per month, assuming reasonable condition and based on the information available.
The Runnel, Norwich, NR5 lies in the borough of Norwich, within the NR5 postal district.
Our Data Sources
29, The Runnel, Norwich has a single entry in the Land Registry from February 2016 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 29, The Runnel, Norwich would be worth £138,634, with a potential rental value of £917 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £122,790, with a rental value of £813 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 29, The Runnel, Norwich has decreased by £1,643 (1.2%) over the last year. During the same period, its estimated monthly rental value has grown by £24 (2.7%). The property's estimated gross yield is currently 7.9%.
Energy Efficiency
29, The Runnel, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
29, The Runnel, Norwich last changed hands on 5th February 2016, selling for £106,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 2.4% since February 2016.
- Sold Feb 2016£106,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 29, The Runnel, Norwich across the last 2 years.
Most recently, 50, Caddow Road, Norwich, NR5 9PQ, a leasehold flat, sold at £150,000 on the 5th July 2024.
Read more about house prices in NR5.
•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 29, The Runnel, Norwich as the 48th largest and the 48th most expensive of the 50 addresses on The Runnel, Norwich, NR5.
Against the NR5 postcode district average, it is £107k less expensive than the typical property.
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Schools Nearby
- 1.2kmSt Michael's VA Junior School
- 1.2kmChapel Break Infant School
- 1.3kmClover Hill VA Infant and Nursery School
- 2.0kmCity Academy Norwich
- 2.2kmOrmiston Victory Academy
- 4.2kmHethersett Academy
More reading links
Public Transport Nearby
Norwich station is the nearest stop to 29, The Runnel, Norwich at 6.0 kilometres away.
- 6.0kmNorwich
- 10.0kmWymondham
- 12.7kmSalhouse
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.
