According to the public record, 40, Trafalgar Street, Norwich is a mid-century apartment with 651 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Trafalgar Street, Norwich, NR1 is located in the borough of Norwich within the NR1 postal district.
40, Trafalgar Street, Norwich has no records in the Land Registry database and a single entry in the EPC database dated February 2012.
We combine this information with public data 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 40 Trafalgar Street Norwich as £139,557 and the rental value as £882 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 40 Trafalgar Street Norwich has increased by £3,045 (2.2%) and its rental value has increased by £24 per month (2.7%).
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 40, Trafalgar Street, Norwich is in very good condition we estimate a sale value of £146,535 and rental value of £926 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,788 and a rental value of £820 per month.
If you were able to purchase this property for the estimated value of £139,557, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £686 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Trafalgar Street, Norwich within a radius of 380 metres over the last 2 years.
The most recent example is 36, Trafalgar Street, Norwich, NR1 3HN, a Leasehold flat which sold for £140,000 in Oct 2023.
Read more about house prices in NR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Trafalgar Street, Norwich, NR1 has a total of 90 addresses. According to our analysis of all the public data, 40, Trafalgar Street, Norwich is the 55th largest and the 75th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in NR1.
40, Trafalgar Street, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Feb 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric heaters.
The closest station to 40, Trafalgar Street, Norwich is Norwich station which is 1.1 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 40, Trafalgar Street, Norwich, 58.4% of property is socially rented and 21.5% is privately rented.
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 40, Trafalgar Street, Norwich, 15.2% of residents are recorded as possessing school level qualifications and 31.9% 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 40, Trafalgar 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 40, Trafalgar Street, 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 40, Trafalgar Street, Norwich, there are an average of 0.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.