According to the public record, 28 Leicester House, Norwich is a modern leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Leicester House, Thomas Wyatt Close, Norwich, NR2.
Thomas Wyatt Close, Norwich, NR2 is located in the borough of Norwich within the NR2 postal district.
28 Leicester House, Norwich has 2 entries in the Land Registry database, most recently in February 2014 and a single entry in the EPC database dated July 2020.
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 28 Leicester House Norwich as £208,706 and the rental value as £965 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 28 Leicester House Norwich has increased by £6,316 (3.0%) and its rental value has increased by £36 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 28 Leicester House, Norwich is in very good condition we estimate a sale value of £219,141 and rental value of £1,013 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,096 and a rental value of £897 per month.
If you were able to purchase this property for the estimated value of £208,706, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,026 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, 28 Leicester House, Norwich was last sold on 14 Feb 2014 for £179,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2014, the market for similar properties has risen 28.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28 Leicester House, Norwich within a radius of 400 metres over the last 2 years.
The most recent example is 24 Leicester House, Thomas Wyatt Close, Norwich, NR2 2TN, a Leasehold flat which sold for £250,000 in Feb 2023.
Read more about house prices in NR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thomas Wyatt Close, Norwich, NR2 has a total of 77 addresses. According to our analysis of all the public data, 28 Leicester House, Norwich is the 42nd largest and the 48th most expensive property on the street.
When compared to the postcode district it is £60k less expensive than the average property in NR2.
28 Leicester House, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jul 2020.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The closest station to 28 Leicester House, Norwich is Norwich station which is 1.5 kilometres 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 28 Leicester House, Norwich, 55.7% of property is privately rented and 25.2% 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 28 Leicester House, Norwich, 27.0% of residents are recorded as possessing school level qualifications and 63.1% 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 28 Leicester House, 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 28 Leicester House, Norwich, 2.3% 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 28 Leicester House, Norwich, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.