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Property details for 23 Old Palace Road, Norwich NR2 4JE

Historic details available for this property Terraced house, Freehold, 3 Beds, 2 Baths, 2 Receps - Edit
Zoopla Estimate: £180,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £180,000
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  • Value change
    4,050 (2.3%) 2,500 (1.4%) 13,450 (8.1%) 23,950 (15.4%) 36,950 (25.9%) 46,400 (34.8%) 50,050 (38.6%)  
    from 
  • Rental value
    £650 pcm
  • Confidence level
    99
  • Value range
    £174,000 - £185,000
  • Rental range
    £600 - £700 pcm

Monthly running costs Beta

£634 Monthly total
Remortgage
Property value
Loan amount (60%) 108,000
Repayment term 25
Interest rate 0.5
Your payment £383 /mo Find remortgage deals In partnership with
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £100,000 Average insurance cost £12/mo (£143/yr)
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Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £44 Electricity £45 Estimated energy cost £89/mo (£1,073/yr)

Reduce your energy costs by up to £195/year

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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 11800 kWh/year
Electricity: 3600 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Norwich

Estimated tax band A Council tax cost £106 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £19 Sewerage £25 Estimated water cost £44 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Terraced house | Tenure: Freehold | Last sale: £147,000 | Sale date: 22nd May 2014 - Previous sales
Property type: Terraced house | Tenure: Freehold | Previous sale: £126,000 | Sale date: 2nd Dec 2005
Property type: Terraced house | Tenure: Freehold | Previous sale: £116,500 | Sale date: 10th Oct 2003
Property type: Terraced house | Tenure: Freehold | Previous sale: £30,000 | Sale date: 30th Jun 1995

This 3 bed freehold terraced house is located at 23 Old Palace Road, Norwich NR2 4JE and has an estimated current value of £180,000. Old Palace Road, NR2 has 111 houses and flats on it with a current average value of £184,032, compared to an average property value of £270,215 for NR2. There have been 14 property sales on Old Palace Road over the last 5 years with an average sold house price of £155,550 and this terraced house was last sold on 22nd May 2014 for £147,000. There are currently 119 houses and flats for sale in NR2 with an average asking price of £274,249 and 118 properties to rent in NR2 with an average asking rent of £219 pw.

Property history

Property history Old Palace Road, Norwich NR2

Previously listed for rent on 11th Nov 2014 for £650 pcm

2 bed terraced house

Property history of 23 Old Palace Road, Norwich NR2 4JE

Newly refurbished two bedroom terrace house situated just West of the City Centre and close to all local amenities.

See details for 23 Old Palace Road, Norwich NR2 4JE when it was last marketed:

Owner info

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Market activity
Average price paid £240,820 Sales 419 Current average value £270,215 (Zoopla Zed-Index) Value change £13,329 ▲ 5.19%

What is the current average value of properties in NR2?

The current average value in NR2 in December 2016 is £270,215. This has increased 2.11% from September 2016. Terraced properties sold for a current average value of £254,431 and semi-detached properties valued £320,635. In the past year property prices in NR2 have increased 5.19%. This is according to the current Zoopla estimates.

Property value data/graphs for NR2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £503,194 £312 3.8 £520,498
Semi-detached £320,635 £328 3.4 £292,350
Terraced £254,431 £290 3.0 £241,543
Flats £170,529 £281 1.8 £154,927

Current asking prices in NR2

Average: £274,664
Avg. current asking prices in NR2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £199,249
(4)
£235,350
(14)
£242,093
(21)
£313,333
(9)
£493,750
(4)
Flats £137,848
(20)
£232,115
(26)
£232,850
(7)
- -
All £148,081
(24)
£233,248
(40)
£239,782
(28)
£313,333
(9)
£493,750
(4)

Current asking rents in NR2

Average: £852 pcm
Avg. current asking prices in NR2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £584 pcm
(20)
£811 pcm
(8)
£920 pcm
(17)
£1,277 pcm
(11)
£1,680 pcm
(6)
Flats £518 pcm
(31)
£788 pcm
(20)
£1,127 pcm
(2)
£1,101 pcm
(1)
-
All £544 pcm
(51)
£795 pcm
(28)
£941 pcm
(19)
£1,262 pcm
(12)
£1,680 pcm
(6)

Fun facts for NR2

Highest value in NR2
Highest value streets Zed-Index
Lime Tree Road £928,808
Chapel Field Road £762,035
West Parade £652,716
Newmarket Road £646,437
Albemarle Road £611,201
Highest turnover in NR2
Highest turnover streets Turnover
Woburn Street 54.5%
Benjamin Gooch Way 51.1%
Parker Road 50.0%
Thomas Wyatt Close 48.1%
Phillipa Flowerday Plain 45.0%

What Zoopla users think of Norwich

Overall rating:

  • currently 4 stars
Very good - 83% (204 ratings)

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Local info for Norwich

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