According to the public record, 56, Albany Road, Norwich is a period house with 451 ft2 of internal area and sits on a 61.6 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Albany Road, Norwich, NR3 is located in the borough of Norwich within the NR3 postal district.
56, Albany Road, Norwich has no records in the Land Registry database and no records in the EPC database.
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 56 Albany Road Norwich as £165,061 and the rental value as £806 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 56 Albany Road Norwich has increased by £1,260 (0.8%) and its rental value has increased by £20 per month (2.5%).
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 56, Albany Road, Norwich is in very good condition we estimate a sale value of £173,314 and rental value of £847 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,507 and a rental value of £750 per month.
If you were able to purchase this property for the estimated value of £165,061, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £811 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 data from HM Land Registry, 56, Albany Road, Norwich sits on a plot of 62m2.
We have plot size data on 57 out of 66 other houses in the postcode and 56, Albany Road, Norwich sits on the 56th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 56, Albany Road, Norwich within a radius of 291m over the last 2 years.
The most recent example is 34, Knowsley Road, Norwich, NR3 4PS, a Freehold house which sold for £217,000 in Jan 2022.
Read more about house prices in NR3.
Albany Road, Norwich, NR3 has a total of 71 addresses. According to our analysis of all the public data, 56, Albany Road, Norwich is the 68th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in NR3.
56, Albany Road, Norwich has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 02 Mar 2009.
The property is connected to mains gas and has partial double glazing. It is heated using room heaters.
The closest station to 56, Albany Road, Norwich is Norwich station which is 1.8 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 56, Albany Road, Norwich, 36.4% of property is privately rented and 27.3% is privately owned with a mortgage.
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 56, Albany Road, Norwich, 11.8% of residents are recorded as possessing school level qualifications and 35.8% 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 56, Albany Road, Norwich, the average age was 36.9 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 56, Albany Road, 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 56, Albany Road, 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.