94, Racecourse Road
94, Racecourse Road
Description & Estimates
94, Racecourse Road, Norwich is described in the public record as a modern apartment with 360 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 94, Racecourse Road, Norwich is £125,878 and its rental estimate is £737 per month, given the available information and assuming reasonable condition.
Racecourse Road, Norwich, NR7 falls within the NR7 postal district, in the borough of Broadland.
Our Data Sources
94, Racecourse Road, Norwich has no records in the the Land Registry and a single entry in the EPC database dated October 2009.
We combine this information with public data 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
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 94, Racecourse Road, Norwich, we estimate a market value of £132,172 and a rental value of £774 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £117,067 and £686 per month respectively.
Recent Market Change
Over the last year, 94, Racecourse Road, Norwich has seen its estimated sale value grow by £916 (0.7%) and its estimated rental value climb by £32 per month (4.4%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
94, Racecourse Road, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Oct 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 580 metres of 94, Racecourse Road, Norwich, per the Land Registry and our network of Estate Agents.
The latest, on the 16th May 2024, was 70, Racecourse Road, Norwich, NR7 9HY, a freehold house which sold for £222,000.
Read more about house prices in NR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 108 addresses on Racecourse Road, Norwich, NR7, 94, Racecourse Road, Norwich comes out as the 95th largest and the 94th most expensive in our analysis of the public data.
It is also £161k less expensive than the average property across the NR7 district.
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Schools Nearby
- 1.0kmSt William's Primary School
- 1.1kmHeartsease Primary Academy
- 1.2kmFalcon Junior School
- 1.2kmThe Open Academy
- 1.3kmThorpe St Andrew School and Sixth Form
- 1.5kmSprowston Community Academy
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Public Transport Nearby
From 94, Racecourse Road, Norwich, the nearest station is Norwich, 3.2 kilometres away.
- 3.2kmNorwich
- 4.7kmSalhouse
- 5.7kmBrundall Gardens
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
