According to the public record, 44, Ormesby Road, Norwich is a mid-century leasehold apartment and with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Ormesby Road, Badersfield, Norwich, NR10 is located in the borough of North Norfolk within the NR10 postal district.
44, Ormesby Road, Norwich has 2 entries in the Land Registry database, most recently in August 2023 and 2 entries in the EPC database, most recently in June 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 44 Ormesby Road Norwich as £118,955 and the rental value as £633 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 44 Ormesby Road Norwich has increased by £2,340 (2.0%) and its rental value has increased by £25 per month (3.9%).
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 44, Ormesby Road, Norwich is in very good condition we estimate a sale value of £124,902 and rental value of £664 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £110,628 and a rental value of £588 per month.
If you were able to purchase this property for the estimated value of £118,955, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £585 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, 44, Ormesby Road, Norwich was last sold on 21 Aug 2023 for £115,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2023, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 44, Ormesby Road, Norwich within a radius of 129m over the last 2 years.
The most recent example is 186, Ormesby Road, Norwich, NR10 5LB, a Leasehold flat which sold for £130,000 in Dec 2023.
Read more about house prices in NR10.
Ormesby Road, Badersfield, Norwich, NR10 has a total of 188 addresses. According to our analysis of all the public data, 44, Ormesby Road, Norwich is the 172nd largest and the 186th most expensive property on the street.
When compared to the postcode district it is £208k less expensive than the average property in NR10.
44, Ormesby Road, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 44, Ormesby Road, Norwich is Worstead station which is 4.4 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 44, Ormesby Road, Norwich, 46.0% of property is privately owned with a mortgage and 39.8% 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 44, Ormesby Road, Norwich, 22.0% of residents are recorded as possessing school level qualifications and 26.6% 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 44, Ormesby Road, Norwich, the average age was 47.3 and the most common age was 62.
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 44, Ormesby Road, Norwich, 0.5% 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 44, Ormesby Road, Norwich, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.