53 St Margarets Gardens, Hoveton, Norwich, NR12 8DN is a leasehold flat built between 1983-1990. The property offers approximately 592 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 £121,728 , which equates to approximately £206 per square foot. It was last sold on 19 Mar 2024 for £127,500. Since then, the value has decreased by £5,772, representing a 4.5% decrease, or approximately 2.6% per year.

The current estimated value of £121,728 is:

  • 29.3% lower than the average property price on St Margarets Gardens
  • 28.6% lower than the average in the NR12 8DN postcode area
  • and 59.3% lower than the average price for Norwich as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as rented both times. This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 18 May 2021, the property was recorded as rented.

View sold house prices in NR12 8DN

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
592 sq ft
Tenure
Leasehold
Price (estimate)
£121,728
Price Per sq ft (estimate)
£206
Bedroom Count (estimate)
1 bedroom

EPC Summary

53 St Margarets Gardens, Hoveton, Norwich, North Norfolk, Norfolk, NR12 8DN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 May 2021.

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 8 Mar 2021, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 35.2%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from average to very good.
  • The lighting was updated from no low energy lighting to low energy lighting in 88% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, filled cavity
Very Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to NR12 8DN

36 th / 45
Price Rank
29% lower than average
23 rd / 42
Size Rank
15% smaller than average
32 nd / 42
Price Per Sq FT Rank
16% lower than average

Compared to other properties in NR12 8DN , this flat's estimated value ranks 36th out of 45. Based on price per square foot, it ranks 32th out of 42 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 23th out of 42 properties in its postcode area.

Sale History

Today
£121,728
streetscan.co.uk estimate
-5 %
19 Mar 2024
£127,500
Leasehold
+98.4 %
31 Jul 2003
£64,250
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 614 sq ft
sale price: £135,000
sale date: 12 Jul 2024
rooms: 3
size: 581 sq ft
sale price: £163,500
sale date: 19 Mar 2024
rooms: 3
size: 538 sq ft
sale price: £173,500
sale date: 15 Mar 2024
rooms: 3
size: 614 sq ft
sale price: £145,000
sale date: 21 Nov 2023
rooms: 3
size: 592 sq ft
sale price: £145,000
sale date: 18 Sep 2023

Data Sources

The property at 53 St Margarets Gardens, Hoveton, Norwich, NR12 8DN appears two times in the Land Registry records, with the latest transaction recorded on 19 Mar 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 May 2021. 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.