2 Teal Drive, Costessey, Norwich, NR8 5FQ is a leasehold flat built in 2007 onwards. The property offers approximately 495 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 £132,754 , which equates to approximately £268 per square foot. It was last sold on 10 Feb 2022 for £130,000. Since then, the value has increased by £2,754, representing a 2.1% increase, or approximately 0.6% per year.

The current estimated value of £132,754 is:

  • 35.6% lower than the average property price on Teal Drive
  • 34.8% lower than the average in the NR8 5FQ postcode area
  • and 55.6% lower than the average price for Norwich as a whole

View sold house prices in NR8 5FQ

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
495 sq ft
Tenure
Leasehold
Price (estimate)
£132,754
Price Per sq ft (estimate)
£268
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Teal Drive, Costessey, Norwich, South Norfolk, Norfolk, NR8 5FQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 26 Feb 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 11 Sep 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 7.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from average thermal transmittance 0.00 w/m?k to (another dwelling above), changing energy efficiency from very good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.35 w/m?k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The windows were upgraded from high performance glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 40% fixed outlets to low energy lighting in 83% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to NR8 5FQ

20 th / 20
Price Rank
35% lower than average
14 th / 20
Size Rank
21% smaller than average
18 th / 20
Price Per Sq FT Rank
17% lower than average

Compared to other properties in NR8 5FQ , this flat's estimated value ranks 20th out of 20. Based on price per square foot, it ranks 18th out of 20 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 14th out of 20 properties in its postcode area.

Sale History

Today
£132,754
streetscan.co.uk estimate
+2 %
10 Feb 2022
£130,000
Leasehold
+37.6 %
14 Feb 2014
£94,500
Leasehold
-3.1 %
30 Sep 2009
£97,500
Leasehold

Area Insights

Similar Properties Sold Nearby

12 Teal Drive, Costessey, Norwich, NR8 5FQ
rooms: 3
size: 484 sq ft
sale price: £136,750
sale date: 8 Dec 2023
18 Teal Drive, Costessey, Norwich, NR8 5FQ
rooms: 3
size: 484 sq ft
sale price: £132,000
sale date: 18 Mar 2022
10 Teal Drive, Costessey, Norwich, NR8 5FQ
rooms: 3
size: 484 sq ft
sale price: £125,000
sale date: 29 Jul 2021
4 Teal Drive, Costessey, Norwich, NR8 5FQ
rooms: 3
size: 506 sq ft
sale price: £126,500
sale date: 24 Jun 2021

Data Sources

The property at 2 Teal Drive, Costessey, Norwich, NR8 5FQ appears three times in the Land Registry records, with the latest transaction recorded on 10 Feb 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Feb 2020. 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.
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