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49, Old Palace Road, Norwich is recorded publicly as a modern freehold house across 1,745 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 49, Old Palace Road, Norwich is £384,398 and its rental estimate is £1,979 per month, given the available information and assuming reasonable condition.
Old Palace Road, Norwich, NR2 falls within the NR2 postal district, in the borough of Norwich.
49, Old Palace Road, Norwich has 51 entries in the Land Registry , most recently in August 2011 and a single entry in the EPC database dated April 2011.
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.
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 49, Old Palace Road, Norwich, we estimate a market value of £403,618 and a rental value of £2,078 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £357,490 and £1,840 per month respectively.
Over the last year, 49, Old Palace Road, Norwich has seen its estimated sale value fall by £7,535 (2.0%) and its estimated rental value move up by £41 per month (2.1%). This results in an estimated gross rental yield of 6.2%.
49, Old Palace Road, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Apr 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 49, Old Palace Road, Norwich completed on 8th August 2011 at £292,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 123.1% over the period since August 2011.
Over the past 2 years 3 properties similar to 49, Old Palace Road, Norwich have sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th March 2024, was 16, Connaught Road, Norwich, NR2 3BP, a freehold house which sold for £485,000.
Read more about house prices in NR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 112 addresses on Old Palace Road, Norwich, NR2, 49, Old Palace Road, Norwich comes out as the 3rd largest and the 2nd most expensive in our analysis of the public data.
It is also £100k more expensive than the average property across the NR2 district.
From 49, Old Palace Road, Norwich, the nearest station is Norwich, 2.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 49, Old Palace Road, Norwich, % of property is and % is .
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 49, Old Palace Road, Norwich, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 49, Old Palace Road, Norwich, 0.0% 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 49, Old Palace Road, Norwich, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.