According to the public record, 172, Newmarket Street, Norwich is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 785 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Newmarket Street, Norwich, NR2 is located in the borough of Norwich within the NR2 postal district.
172, Newmarket Street, Norwich has a single entry in the Land Registry database from January 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 172 Newmarket Street Norwich as £265,471 and the rental value as £1,245 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 172 Newmarket Street Norwich has increased by £1,820 (0.7%) and its rental value has increased by £17 per month (1.4%).
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 172, Newmarket Street, Norwich is in very good condition we estimate a sale value of £278,745 and rental value of £1,308 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,888 and a rental value of £1,158 per month.
If you were able to purchase this property for the estimated value of £265,471, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,305 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 172, Newmarket Street, Norwich was last sold on 25 Jan 2006 for £152,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 172, Newmarket Street, Norwich within a radius of 69m over the last 2 years.
The most recent example is 145, Newmarket Street, Norwich, NR2 2DR, a Freehold house which sold for £255,000 in Nov 2022.
Read more about house prices in NR2.
Our network of Estate Agents report 1 let within a 414m radius of 172, Newmarket Street, Norwich over the last 2 years.
Most recently Flat A, 106, Unthank Road, Norwich, NR2 2RR, a flat let by Arlington Park for an undisclosed amount in May 2024.
Newmarket Street, Norwich, NR2 has a total of 163 addresses. According to our analysis of all the public data, 172, Newmarket Street, Norwich is the 54th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in NR2.
The closest station to 172, Newmarket Street, Norwich is Norwich station which is 2.0 km away.
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 172, Newmarket Street, Norwich, 57.4% of property is privately rented and 21.7% is privately owned outright.
The graph below shows how this compares to Greater London 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 172, Newmarket Street, Norwich, 29.1% of residents are recorded as possessing school level qualifications and 54.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 172, Newmarket 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 172, Newmarket Street, Norwich, 0.8% 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 172, Newmarket Street, Norwich, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.