According to the public record, 8, Patricia Road, Norwich is a early-century leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Patricia Road, Norwich, NR1 is located in the borough of Norwich within the NR1 postal district.
8, Patricia Road, Norwich has 4 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated March 2015.
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 8 Patricia Road Norwich as £188,237 and the rental value as £1,033 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 8 Patricia Road Norwich has increased by £3,655 (1.9%) and its rental value has increased by £26 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 8, Patricia Road, Norwich is in very good condition we estimate a sale value of £197,649 and rental value of £1,084 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,060 and a rental value of £960 per month.
If you were able to purchase this property for the estimated value of £188,237, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £925 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, 8, Patricia Road, Norwich was last sold on 07 Jul 2023 for £190,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jul 2023, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Patricia Road, Norwich within a radius of 530 metres over the last 2 years.
The most recent example is 12, Patricia Road, Norwich, NR1 2PE, a Leasehold flat which sold for £177,500 in Aug 2023.
Read more about house prices in NR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Patricia Road, Norwich, NR1 has a total of 46 addresses. According to our analysis of all the public data, 8, Patricia Road, Norwich is the 21st largest and the 9th most expensive property on the street.
When compared to the postcode district it is £33k less expensive than the average property in NR1.
8, Patricia Road, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 2015.
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 8, Patricia Road, Norwich is Norwich station which is 1.6 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 8, Patricia Road, Norwich, 38.8% of property is privately owned outright and 31.0% 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 8, Patricia Road, Norwich, 13.4% of residents are recorded as possessing school level qualifications and 55.5% 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 8, Patricia Road, 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 8, Patricia Road, Norwich, 1.0% 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 8, Patricia Road, 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.