According to the public record, 70, Heartsease Lane, Norwich is a mid-century apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Heartsease Lane, Norwich, NR7 is located in the borough of Norwich within the NR7 postal district.
70, Heartsease Lane, Norwich has no records in the Land Registry database and a single entry in the EPC database dated January 2020.
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 70 Heartsease Lane Norwich as £156,241 and the rental value as £976 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 70 Heartsease Lane Norwich has increased by £3,564 (2.3%) and its rental value has increased by £39 per month (4.0%).
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 70, Heartsease Lane, Norwich is in very good condition we estimate a sale value of £164,053 and rental value of £1,025 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,304 and a rental value of £908 per month.
If you were able to purchase this property for the estimated value of £156,241, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £768 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 70, Heartsease Lane, Norwich within a radius of 457m over the last 2 years.
The most recent example is 19, Skelton Road, Norwich, NR7 9UH, a Leasehold flat which sold for £135,000 in Aug 2023.
Read more about house prices in NR7.
Heartsease Lane, Norwich, NR7 has a total of 54 addresses. According to our analysis of all the public data, 70, Heartsease Lane, Norwich is the 48th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £128k less expensive than the average property in NR7.
70, Heartsease Lane, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jan 2020.
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 70, Heartsease Lane, Norwich is Norwich station which is 2.0 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 70, Heartsease Lane, Norwich, 38.6% of property is socially rented and 29.0% 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 70, Heartsease Lane, Norwich, 24.8% of residents are recorded as possessing school level qualifications and 18.6% 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 70, Heartsease Lane, 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 70, Heartsease Lane, Norwich, 1.1% 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 70, Heartsease Lane, Norwich, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.