6, BEECHBANK, NORWICH, NR2 2AL - £340,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 BEECHBANK is a very large extended flat of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £387,219. It was last sold for £340,000 in February 2017, which was around 158% above the average February 2017 flat price in the Norwich local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

6 BEECHBANK Sold Prices

Land registry data shows two sales for 6 BEECHBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Norwich local authority area for the corresponding sale date. Both of the two 6 BEECHBANK sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 13 FEB	£340,000	£131,712	158% above HPI
2009 23 DEC	£197,000	£97,809	101% above HPI

What might 6 BEECHBANK be worth now?

6 BEECHBANK might now be worth an estimated £387,219.

This is based on house price inflation of 13.9%, between February 2017 and May 2026, for flats, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.9% inflationary increase is applied to the most recent sale price for 6 BEECHBANK of £340,000 on 13th February 2017. For the value to have increased from £340,000 to £387,219 over the eight years and nine months to May 2026, the following assumptions must hold true:

• The value of 6 BEECHBANK has moved in line with the HPI for flats in the Norwich local authority area.
• The February 2017 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BEECHBANK has not materially changed since February 2017.

How Large is 6 BEECHBANK?

6 BEECHBANK is 90m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 10% of flats in Norwich, based on EPC data. 96% of flats are smaller than 6 BEECHBANK, and 4% of flats are larger. Note that EPC data is not available for all properties in Norwich.

6 BEECHBANK: Plot

6 BEECHBANK sits on a plot of roughly 1.3 acres, or 5,453m².

Where is 6 BEECHBANK?

6 BEECHBANK is located in NORWICH, in the NR2 postcode district.