53 Russell Street, Norwich, NR2 4QT is a leasehold flat built between 1967-1975. The property offers approximately 807 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £162,500 , which equates to approximately £201 per square foot. It was last sold on 2 Feb 2007 for £125,000. Since then, the value has increased by £37,500, representing a 30.0% increase, or approximately 1.6% per year.

The current estimated value of £162,500 is:

  • 10.9% higher than the average property price on Russell Street
  • 8.4% higher than the average in the NR2 4QT postcode area
  • and 46.1% lower than the average price for Norwich as a whole

View sold house prices in NR2 4QT

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
807 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£162,500
Price Per sq ft (estimate)
£201
Bedroom Count (estimate)
2 bedrooms

EPC Summary

53 Russell Street, Norwich, Norfolk, NR2 4QT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 3 Mar 2015.

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 Jun 2010, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 10.7%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (good).
  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, 25 mm loft insulation, changing energy efficiency from average to poor.
  • The lighting was updated from low energy lighting in 10% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Roof
Pitched, 25 mm loft insulation
Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NR2 4QT

4 th / 15
Price Rank
8% higher than average
1 st / 14
Size Rank
25% bigger than average
13 th / 14
Price Per Sq FT Rank
13% lower than average

Compared to other properties in NR2 4QT , this flat's estimated value ranks 4th out of 15. Based on price per square foot, it ranks 13th out of 14 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 1st out of 14 properties in its postcode area.

Sale History

Today
£162,500
streetscan.co.uk estimate
+30 %
2 Feb 2007
£125,000
Leasehold
+228.9 %
9 Aug 1999
£38,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 743 sq ft
sale price: £104,000
sale date: 12 Apr 2013
rooms: 5
size: 872 sq ft
sale price: £142,000
sale date: 17 Jun 2016
rooms: 5
size: 877 sq ft
sale price: £112,000
sale date: 21 May 2014

Data Sources

The property at 53 Russell Street, Norwich, NR2 4QT appears two times in the Land Registry records, with the latest transaction recorded on 2 Feb 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Mar 2015. 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.