Norwich, NR3
AbbotFox logo

Norwich, NR3

By AbbotFox

£ 400,000

Reviews

2 out of 5 stars

AbbotFox says ..

abbotFox presents this stylish two-bedroom first-floor apartment, perfectly positioned within easy reach of Norwich city centre. Offering panoramic views of the river and Norwich Cathedral, this is city living at its most refined. Bathed in natural light, the open-plan living space is bo...

Property Oracle says ..

The property is a 2 bedroom, 2 bathroom apartment located in Thorpe Hamlet, Norwich. It is a modern apartment with a balcony overlooking a canal. The apartment is in excellent condition and appears to be newly built or recently renovated. The images show a modern, clean, and well-maintained interior. The location is good, with nearby schools receiving good Ofsted ratings and a train station within walking distance. The proximity to good schools and transportation links is a positive aspect. However, the plot size is 0.00 sqft, meaning there is no private garden. Considering the average price per sqft in the area is £306, and the property is 752 sqft, a fair price might be in the region of £230,000. The listed price of £400,000 is significantly higher than this estimate. While the property is modern and well-located, the price seems high compared to the average for the area and similar properties. Nearby comparable apartments are listed at lower prices, further suggesting the asking price may be inflated.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
10
Location
8
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
752.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
188,846.00 £
Decreased by 27.50 %
from 260,480.00 £
Est sale value
219,584.00 £
Decreased by 6.11 %
from 233,872.00 £
Average area rental value
1,159.00 £/mo
Increased by 8.93 %
from 1,064.00 £/mo
Est letting value
752.00 £/mo
Unchanged by 0.00 %
from 752.00 £/mo
Est rental Yield
7.36 %
Increased by 50.20 %
from 4.90 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • AbbotFox created the listing.

Nearby Schools

NameTypeOfstedDistance
George White Junior SchoolAcademy ConverterGood0.62 KM
Magdalen Gates Primary SchoolCommunity SchoolGood0.63 KM
Norwich SchoolOther Independent School0.65 KM
Mousehold Infant & Nursery SchoolAcademy Converter0.78 KM
Charles Darwin Primary SchoolFree SchoolsOutstanding0.86 KM

Images

IMG_4197.jpg IMG_4192.jpg IMG_4178.jpg IMG_4189.jpg IMG_4190.jpg IMG_4193.jpg IMG_4182.jpg IMG_4184.jpg IMG_4181.jpg IMG_4179.jpg IMG_4185.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
River Lane £ 000.00 KM
Guilders Way £ 000.00 KM
Printworks Drive £ 345,00000.00 KM
Typesetters Way £ 350,00000.00 KM
Silver Road Back Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW1.06 KM

Nearby Listings

AddressPriceTypeScoreDistance
Norwich, NR3 £ 400,000BUY5 / 100.00 KM
Printworks Drive, Norwich £ 450,000BUYUnknown0.01 KM
Ratcliff Court, Norwich £ 230,000BUY6 / 100.03 KM
Ratcliff Court, Norwich £ 200,000BUY7 / 100.03 KM
Barrack Street, Norwich £ 379,950BUY7 / 100.04 KM

Nearby Properties

AddressPriceDistance
5 Silver Road £ 39,5000.14 KM
3a Silver Road £ 101,0000.14 KM
7a Silver Road £ 190,0000.14 KM
34 Silver Road £ 175,0000.16 KM
26 Silver Road £ 175,0000.16 KM