Flat 2, 5 Russell Terrace, Mundesley, Norwich, NR11 8LJ is a leasehold flat built before 1900. The property offers approximately 603 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £111,970 , which equates to approximately £186 per square foot. It was last sold on 26 Jul 2006 for £80,703. Since then, the value has increased by £31,267, representing a 38.7% increase, or approximately 2.0% per year.

The current estimated value of £111,970 is:

  • 66.0% lower than the average property price on Russell Terrace
  • 66.4% lower than the average in the NR11 8LJ postcode area
  • and 62.6% 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 owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 25 April 2024, the property was recorded as owner-occupied.

View sold house prices in NR11 8LJ

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£111,970
Price Per sq ft (estimate)
£186
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 5 Russell Terrace, Mundesley, Norwich, North Norfolk, Norfolk, NR11 8LJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 25 Apr 2024.

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 9 Mar 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 30.9%.

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 pitched, no insulation (assumed) to (another dwelling above), changing energy efficiency from very poor to n/a.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in 43% of fixed outlets, with efficiency improving from poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 43% of fixed outlets
Average

Compared to NR11 8LJ

12 th / 14
Price Rank
66% lower than average
9 th / 11
Size Rank
61% smaller than average
9 th / 11
Price Per Sq FT Rank
14% lower than average

Compared to other properties in NR11 8LJ , this flat's estimated value ranks 12th out of 14. Based on price per square foot, it ranks 9th out of 11 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 9th out of 11 properties in its postcode area.

Sale History

Today
£111,970
streetscan.co.uk estimate
+39 %
26 Jul 2006
£80,703
Leasehold
+68.1 %
14 Mar 2006
£48,000
Leasehold
+269.2 %
19 Apr 1996
£13,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 3, 5 Russell Terrace, Mundesley, Norwich, NR11 8LJ
rooms: 3
size: 560 sq ft
sale price: £79,750
sale date: 14 Feb 2008
Flat 1, 5 Russell Terrace, Mundesley, Norwich, NR11 8LJ
rooms: 2
size: 527 sq ft
sale price: £27,500
sale date: 10 Jul 2002

Data Sources

The property at Flat 2, 5 Russell Terrace, Mundesley, Norwich, NR11 8LJ appears three times in the Land Registry records, with the latest transaction recorded on 26 Jul 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Apr 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.
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