71, Old Palace Road
71, Old Palace Road
Description & Estimates
According to the public record, 71, Old Palace Road, Norwich is a period freehold house with 1,285 ft2 of internal area and sits on a 150 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 71, Old Palace Road, Norwich is £299,227 and the estimated rental value is £1,601 per month.
Old Palace Road, Norwich, NR2 is located in the borough of Norwich within the NR2 postal district.
Our Data Sources
71, Old Palace Road, Norwich has 41 entries in the Land Registry , most recently in January 2020 and a single entry in the EPC database dated September 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 71, Old Palace Road, Norwich is in very good condition we estimate a sale value of £314,188 and a rental value of £1,681 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,281 and a rental value of £1,489 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 71, Old Palace Road, Norwich has declined by £5,865 (2.0%), while its estimated rental value has climbed by £33 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 6.4%.
Plot Size
According to data from HM Land Registry, 71, Old Palace Road, Norwich sits on a plot of 150 m2.
We have plot size data on 11 out of 16 other houses in the postcode and 71, Old Palace Road, Norwich sits on the 4th largest plot.
Energy Efficiency
71, Old Palace Road, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 71, Old Palace Road, Norwich was last sold on 31st January 2020 for £237,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since January 2020, the market for similar properties has risen by 55.8%.
- Sold Jan 2020£237,500
- Sold May 2016£206,000
- Sold May 2012£155,250
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Old Palace Road, Norwich within a radius of 380 metres over the last 2 years.
The most recent example is 93, Armes Street, Norwich, NR2 4EA, a freehold house which sold for £246,000 on the 16th June 2022.
Read more about house prices in NR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Old Palace Road, Norwich, NR2 has a total of 112 addresses. According to our analysis of all the public data, 71, Old Palace Road, Norwich is the 5th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £14k more expensive than the average property in NR2.
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Schools Nearby
- 300mNelson Infant School
- 700mWensum Junior School
- 1.1kmRecreation Road Infant School
- 1.1kmJane Austen College
- 1.8kmSewell Park Academy
- 2.0kmNotre Dame High School, Norwich
More reading links
Public Transport Nearby
The closest station to 71, Old Palace Road, Norwich is Norwich station, which is 2.2 kilometres away.
- 2.2kmNorwich
- 8.8kmSalhouse
- 9.6kmBrundall Gardens
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
