According to the public record, 54A, Rye Avenue, Norwich is a modern Leasehold apartment and with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 54, Rye Avenue, Norwich, NR3.
Rye Avenue, Norwich, NR3 is located in the borough of Norwich within the NR3 postal district.
54A, Rye Avenue, Norwich has 21 entries in the Land Registry database, most recently in April 2015 and no records in the EPC database.
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 54A Rye Avenue Norwich as £105,392 and the rental value as £695 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 54A Rye Avenue Norwich has increased by £2,163 (2.1%) and its rental value has increased by £22 per month (3.2%).
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 54A, Rye Avenue, Norwich is in very good condition we estimate a sale value of £110,661 and rental value of £729 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £98,014 and a rental value of £646 per month.
If you were able to purchase this property for the estimated value of £105,392, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £518 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, 54A, Rye Avenue, Norwich was last sold on 29 Apr 2015 for £79,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2015, the market for similar properties has risen 33.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54A, Rye Avenue, Norwich within a radius of 414m over the last 2 years.
The most recent example is 120, Bowers Avenue, Norwich, NR3 2PS, a Leasehold flat which sold for £106,500 in Jun 2024.
Read more about house prices in NR3.
Rye Avenue, Norwich, NR3 has a total of 108 addresses. According to our analysis of all the public data, 54A, Rye Avenue, Norwich is the 105th largest and the 105th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in NR3.
54A, Rye Avenue, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Nov 2012.
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 54A, Rye Avenue, Norwich is Norwich station which is 3.5 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 54A, Rye Avenue, Norwich, 54.1% of property is socially rented and 22.6% 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 54A, Rye Avenue, Norwich, 28.1% of residents are recorded as possessing school level qualifications and 16.0% 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 54A, Rye Avenue, Norwich, the average age was 36.4 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 54A, Rye Avenue, 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 54A, Rye Avenue, Norwich, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.