According to the public record, 21, Kempe Close, Norwich is a mid-century leasehold apartment and with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Kempe Close, Norwich, NR7 is located in the borough of Norwich within the NR7 postal district.
21, Kempe Close, Norwich has a single entry in the Land Registry database from November 2023 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 21 Kempe Close Norwich as £143,993 and the rental value as £918 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 21 Kempe Close Norwich has increased by £2,856 (2.0%) and its rental value has increased by £34 per month (3.7%).
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 21, Kempe Close, Norwich is in very good condition we estimate a sale value of £151,193 and rental value of £964 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £133,914 and a rental value of £854 per month.
If you were able to purchase this property for the estimated value of £143,993, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £708 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, 21, Kempe Close, Norwich was last sold on 30 Nov 2023 for £140,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2023, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Kempe Close, Norwich within a radius of 497m over the last 2 years.
The most recent example is 75, Gawdy Road, Norwich, NR7 9UZ, a Leasehold flat which sold for £152,000 in Jul 2023.
Read more about house prices in NR7.
Kempe Close, Norwich, NR7 has a total of 22 addresses. According to our analysis of all the public data, 21, Kempe Close, Norwich is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in NR7.
21, Kempe Close, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 21, Kempe Close, Norwich is Norwich station which is 2.5 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 21, Kempe Close, Norwich, 50.8% of property is socially rented and 22.7% 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 21, Kempe Close, Norwich, 24.3% of residents are recorded as possessing school level qualifications and 13.5% 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 21, Kempe Close, Norwich, the average age was 40 and the most common age was 32.
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 21, Kempe Close, Norwich, 0.7% 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 21, Kempe Close, Norwich, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.