1, Scholars Court, 14 Oak Street, Norwich, NR3 3AE is a leasehold flat built between 1991-1995. The property offers approximately 1,033 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £245,540 , which equates to approximately £238 per square foot. It was last sold on 1 Aug 2024 for £250,000. Since then, the value has decreased by £4,460, representing a 1.8% decrease, or approximately 1.3% per year.

The current estimated value of £245,540 is:

  • 17.0% lower than the average property price on Oak Street
  • 40.3% lower than the average in the NR3 3AE postcode area
  • and 18.6% lower than the average price for Norwich as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (2 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 25 April 2024, the property was recorded as rented.

View sold house prices in NR3 3AE

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
1033 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£245,540
Price Per sq ft (estimate)
£238
Bedroom Count (estimate)
3 bedrooms

EPC Summary

1, Scholars Court, 14 Oak Street, Norwich, Norfolk, NR3 3AE has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 25 Apr 2024.

This property uses an electric boiler with radiators as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 28 Mar 2014, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 37.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (boiler and radiators, electric).
  • The hot water system was changed from from main system to electric immersion, standard tariff, with its energy efficiency changing from poor to very poor.
  • The lighting was updated from low energy lighting in 62% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NR3 3AE

17 th / 23
Price Rank
40% lower than average
9 th / 19
Size Rank
17% smaller than average
15 th / 19
Price Per Sq FT Rank
28% lower than average

Compared to other properties in NR3 3AE , this flat's estimated value ranks 17th out of 23. Based on price per square foot, it ranks 15th out of 19 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 9th out of 19 properties in its postcode area.

Sale History

Today
£245,540
streetscan.co.uk estimate
-2 %
1 Aug 2024
£250,000
Leasehold
+9.9 %
4 Jul 2014
£227,500
Leasehold
+13.8 %
12 Nov 2012
£200,000
Leasehold
+9.3 %
9 Jun 2006
£183,000
Leasehold
+32.1 %
1 May 2003
£138,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 969 sq ft
sale price: £300,000
sale date: 18 Jan 2022
rooms: 4
size: 980 sq ft
sale price: £385,000
sale date: 1 Mar 2021
rooms: 3
size: 958 sq ft
sale price: £175,000
sale date: 18 May 2007

Data Sources

The property at 1, Scholars Court, 14 Oak Street, Norwich, NR3 3AE appears five times in the Land Registry records, with the latest transaction recorded on 1 Aug 2024. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Apr 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.