According to the public record, 9, Gordon Square, Norwich is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Gordon Square, Norwich, NR1 is located in the borough of Norwich within the NR1 postal district.
9, Gordon Square, Norwich has a single entry in the Land Registry database from July 2023 and a single entry in the EPC database dated April 2023.
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 9 Gordon Square Norwich as £134,933 and the rental value as £870 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 9 Gordon Square Norwich has increased by £2,944 (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 9, Gordon Square, Norwich is in very good condition we estimate a sale value of £141,680 and rental value of £914 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,488 and a rental value of £809 per month.
If you were able to purchase this property for the estimated value of £134,933, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £663 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, 9, Gordon Square, Norwich was last sold on 06 Jul 2023 for £132,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2023, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Gordon Square, 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.
Gordon Square, Norwich, NR1 has a total of 33 addresses. According to our analysis of all the public data, 9, Gordon Square, Norwich is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in NR1.
9, Gordon Square, Norwich has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Apr 2023.
The property is not connected to mains gas and has mostly double glazing. It is heated using Warm air, Electricaire.
The closest station to 9, Gordon Square, Norwich is Norwich station which is 1.0 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 9, Gordon Square, Norwich, 57.8% of property is socially rented and 17.8% 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 9, Gordon Square, Norwich, 15.9% of residents are recorded as possessing school level qualifications and 26.2% 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 9, Gordon Square, 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 9, Gordon Square, 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 9, Gordon Square, 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.