16B, Derby Street
16B, Derby Street
Description & Estimates
According to the public record, 16B, Derby Street, Norwich is a modern apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16B, Derby Street, Norwich is £124,246 and the estimated rental value is £868 per month.
The apartment is within 16, Derby Street, Norwich, NR2.
Derby Street, Norwich, NR2 is located in the borough of Norwich within the NR2 postal district.
Our Data Sources
16B, Derby Street, Norwich has no records in the the Land Registry and a single entry in the EPC database dated August 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.
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 16B, Derby Street, Norwich is in very good condition we estimate a sale value of £130,458 and a rental value of £912 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £115,549 and a rental value of £807 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16B, Derby Street, Norwich has declined by £1,175 (0.9%), while its estimated rental value has climbed by £28 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 8.4%.
Energy Efficiency
16B, Derby Street, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Aug 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16B, Derby Street, Norwich within a radius of 460 metres over the last 2 years.
The most recent example is 40, Langley Walk, Norwich, NR2 4NH, a leasehold flat which sold for £135,500 on the 12th January 2024.
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
Derby Street, Norwich, NR2 has a total of 45 addresses. According to our analysis of all the public data, 16B, Derby Street, Norwich is the 26th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in NR2.
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Schools Nearby
- 700mNelson Infant School
- 1.0kmAngel Road Junior School
- 1.0kmAngel Road Infant School
- 700mJane Austen College
- 1.6kmSewell Park Academy
- 1.7kmNotre Dame High School, Norwich
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Public Transport Nearby
The closest station to 16B, Derby Street, Norwich is Norwich station, which is 1.8 kilometres away.
- 1.8kmNorwich
- 8.5kmSalhouse
- 9.2kmBrundall Gardens
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
