2, Ashman Bank Geoffrey Watling Way, Norwich, NR1 1HB is a leasehold flat built between 2003-2006. The property offers approximately 581 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £198,577 , which equates to approximately £342 per square foot. It was last sold on 14 Aug 2006 for £141,295. Since then, the value has increased by £57,282, representing a 40.5% increase, or approximately 2.1% per year.

The current estimated value of £198,577 is:

  • 11.1% lower than the average property price on Geoffrey Watling Way
  • 14.9% lower than the average in the NR1 1HB postcode area
  • and 34.1% lower than the average price for Norwich as a whole

At the most recent EPC inspection on 12 December 2022, the property was recorded as rented.

View sold house prices in NR1 1HB

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
581 sq ft
Tenure
Leasehold
Price (estimate)
£198,577
Price Per sq ft (estimate)
£342
Bedroom Count (estimate)
1 bedroom

EPC Summary

2, Ashman Bank Geoffrey Watling Way, Norwich, Norfolk, NR1 1HB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Dec 2022.

This property uses electric underfloor heating as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 13 Mar 2012, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 5.8%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The lighting was updated from low energy lighting in 43% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NR1 1HB

77 th / 98
Price Rank
15% lower than average
60 th / 95
Size Rank
16% smaller than average
77 th / 95
Price Per Sq FT Rank
1% higher than average

Compared to other properties in NR1 1HB , this flat's estimated value ranks 77th out of 98. Based on price per square foot, it ranks 77th out of 95 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 60th out of 95 properties in its postcode area.

Sale History

Today
£198,577
streetscan.co.uk estimate
+41 %
14 Aug 2006
£141,295
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 581 sq ft
sale price: £152,000
sale date: 19 Mar 2024
rooms: 2
size: 560 sq ft
sale price: £171,000
sale date: 5 May 2023
rooms: 2
size: 506 sq ft
sale price: £160,000
sale date: 31 Mar 2023
rooms: 2
size: 506 sq ft
sale price: £173,000
sale date: 9 Mar 2023
rooms: 2
size: 574 sq ft
sale price: £117,000
sale date: 28 Feb 2011

Data Sources

The property at 2, Ashman Bank Geoffrey Watling Way, Norwich, Norfolk, NR1 1HB appears once in the Land Registry records, with the transaction recorded on 14 Aug 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Dec 2022. 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.