48 Russell Street, Norwich, NR2 4QT is a leasehold flat built between 1976-1982. The property offers approximately 635 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £142,634 , which equates to approximately £225 per square foot. It was last sold on 25 Nov 2016 for £124,500. Since then, the value has increased by £18,134, representing a 14.6% increase, or approximately 1.6% per year.

The current estimated value of £142,634 is:

  • 2.7% lower than the average property price on Russell Street
  • 4.9% lower than the average in the NR2 4QT postcode area
  • and 52.7% lower than the average price for Norwich as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 27 September 2024, the property was recorded as rented.

View sold house prices in NR2 4QT

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£142,634
Price Per sq ft (estimate)
£225
Bedroom Count (estimate)
1 bedroom

EPC Summary

48 Russell Street, Norwich, Norfolk, NR2 4QT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 27 Sep 2024.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 21 May 2012. The rating of C remains the same, but the energy efficiency score improved by 4.2%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, 100 mm loft insulation, improving energy efficiency from very poor to average.
  • The windows were upgraded from mostly double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 31% of fixed outlets to low energy lighting in 89% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 89% of fixed outlets
Very Good

Compared to NR2 4QT

12 th / 15
Price Rank
5% lower than average
9 th / 14
Size Rank
2% smaller than average
6 th / 14
Price Per Sq FT Rank
3% lower than average

Compared to other properties in NR2 4QT , this flat's estimated value ranks 12th out of 15. Based on price per square foot, it ranks 6th out of 14 properties. In terms of size, this home ranks 9th out of 14 properties in its postcode area.

Sale History

Today
£142,634
streetscan.co.uk estimate
+15 %
25 Nov 2016
£124,500
Leasehold
+32.4 %
25 Oct 2013
£94,000
Leasehold
+108.9 %
3 Jul 2000
£44,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 635 sq ft
sale price: £140,000
sale date: 24 Aug 2022
rooms: 3
size: 635 sq ft
sale price: £140,000
sale date: 26 Feb 2021
rooms: 3
size: 635 sq ft
sale price: £125,000
sale date: 20 Jan 2017
rooms: 3
size: 635 sq ft
sale price: £101,500
sale date: 20 Jun 2005
rooms: 3
size: 667 sq ft
sale price: £32,000
sale date: 16 Mar 1998

Data Sources

The property at 48 Russell Street, Norwich, NR2 4QT appears three times in the Land Registry records, with the latest transaction recorded on 25 Nov 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Sep 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.