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According to the public record, Apartment 2 Tower 14-18, Norwich is a modern leasehold apartment with 1,625 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 2 Tower 14-18, Norwich is £598,986 and the estimated rental value is £2,361 per month.
The apartment is within Westlegate Tower, Westlegate, Norwich, NR1.
Westlegate, Norwich, NR1 is located in the borough of Norwich within the NR1 postal district.
Apartment 2 Tower 14-18, Norwich has a single entry in the Land Registry from October 2014 and a single entry in the EPC database dated October 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 Apartment 2 Tower 14-18, Norwich is in very good condition we estimate a sale value of £628,936 and a rental value of £2,479 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £557,057 and a rental value of £2,196 per month.
Over the last 12 months the sale value of Apartment 2 Tower 14-18 Norwich has decreased by an estimated £11,709 (2.0%) and its rental value has increased by an estimated £56 per month (2.4%), giving an expected gross yield of 4.7%.
Apartment 2 Tower 14-18, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Oct 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, Apartment 2 Tower 14-18, Norwich was last sold on 30th October 2014 for £400,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2014, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 2 Tower 14-18, Norwich within a radius of 470 metres over the last 2 years.
The most recent example is Apartment 7, Westlegate Tower 14-18, Westlegate, Norwich, NR1 3LJ, a leasehold flat which sold for £680,000 on the 15th May 2020.
Read more about house prices in NR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westlegate, Norwich, NR1 has a total of 17 addresses. According to our analysis of all the public data, Apartment 2 Tower 14-18, Norwich is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £375k more expensive than the average property in NR1.
The closest station to Apartment 2 Tower 14-18, Norwich is Norwich station which is 800 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 2 Tower 14-18, 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 Apartment 2 Tower 14-18, 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 Apartment 2 Tower 14-18, 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 Apartment 2 Tower 14-18, 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.
