34B, COLEGATE, NORWICH, NR3 1BG - £190,000

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.

34B COLEGATE is a small flat of 50m², built sometime between 1930 and 1949, which could now be worth an estimated £231,467. It was last sold for £190,000 in March 2016, which was around 54% above the average March 2016 flat price in the Norwich local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was C.

34B COLEGATE Sold Prices

Land registry data shows three sales for 34B COLEGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Norwich local authority area for the corresponding sale date. Two of the three 34B COLEGATE sales were for above the average price, whilst one was for below 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
2016 30 MAR	£190,000	£123,131	54% above HPI
2013 20 DEC	£172,500	£107,937	60% above HPI
2009 28 AUG	£88,000	£93,242	6% below HPI

What might 34B COLEGATE be worth now?

34B COLEGATE might now be worth an estimated £231,467.

This is based on house price inflation of 21.8%, between March 2016 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 21.8% inflationary increase is applied to the most recent sale price for 34B COLEGATE of £190,000 on 30th March 2016. For the value to have increased from £190,000 to £231,467 over the nine years and ten months to May 2026, the following assumptions must hold true:

• The value of 34B COLEGATE has moved in line with the HPI for flats in the Norwich local authority area.
• The March 2016 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 34B COLEGATE has not materially changed since March 2016.

How Large is 34B COLEGATE?

34B COLEGATE is 50m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% of flats in Norwich, based on EPC data. 33% of flats are smaller than 34B COLEGATE, and 64% of flats are larger. Note that EPC data is not available for all properties in Norwich.

34B COLEGATE: Plot

34B COLEGATE sits on a plot of roughly 0.037 of an acre, or 148m².

Where is 34B COLEGATE?

34B COLEGATE is located in NORWICH, in the NR3 postcode district.