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31A, Union Street, Norwich is described in the public record as a modern apartment with 538 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 31A, Union Street, Norwich is £106,498 and its rental estimate is £760 per month, given the available information and assuming reasonable condition.
31, Union Street is a residential building on Union Street, Norwich, NR2 and falls within the NR2 postal district and the borough of Norwich.
31A, Union Street, Norwich has no records in the the Land Registry and a single entry in the EPC database dated July 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 31A, Union Street, Norwich, we estimate a market value of £111,823 and a rental value of £797 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £99,043 and £706 per month respectively.
Over the last year, 31A, Union Street, Norwich has seen its estimated sale value fall by £1,007 (0.9%) and its estimated rental value move up by £25 per month (3.2%). This results in an estimated gross rental yield of 8.6%.
31A, Union Street, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jul 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Over the past 2 years 3 properties similar to 31A, Union Street, Norwich have sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th September 2024, was 3, Walpole Street, Norwich, NR2 1RY, a leasehold flat which sold for £122,500.
Read more about house prices in NR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 141 addresses on Union Street, Norwich, NR2, 31A, Union Street, Norwich comes out as the 62nd largest and the 102nd most expensive in our analysis of the public data.
It is also £178k less expensive than the average property across the NR2 district.
From 31A, Union Street, Norwich, the nearest station is Norwich, 1.4 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 31A, Union Street, Norwich, 62.4% of property is socially rented and 14.8% 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 31A, Union Street, Norwich, 16.5% of residents are recorded as possessing school level qualifications and 31.2% 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 31A, Union Street, 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 31A, Union Street, Norwich, 1.0% 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 31A, Union Street, Norwich, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.