Flats/Maisonettes 3 sales on record

128A KING STREET

NORWICH, NORFOLK, NR1 1QE

£255,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Grasshopper Off Licence 0.0 miles
Bus stop CitySightseeing / Norwich Tour 0.1 miles
Train station Norwich 0.3 miles
University Broadcast House 0.6 miles
Hospital Norfolk and Norwich University Hospital:Emergency Department 3.4 miles

Property details

Tenure

Leasehold

Property type

Flat

Floor area

76 m²

EPC rating

B

Last sold

£255,000 Feb 2026

Price per m²

£3,355/m²

Local average

£155,881 (51 sales)

Street crime

745 incidents within 1 mile (Apr 2026)

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 17/03/2016

Current heating cost: £236/year

Potential heating cost: £236/year

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 06/02/2026 £255,000 Flat +30.1% £257,901 to March 2026 View transaction
Sold 15/05/2021 £196,000 Flat -6.7% £195,341 to March 2026 View transaction
Sold 31/03/2016 £210,000 Flat £242,770 to March 2026 View transaction

Historic listings

No historic listing events could be matched to the sales on record for this address. We only show events where a listing page could be linked to a Land Registry sale here.

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
FOX HOUSE 5 MOUNTERGATE, NORWICH, NORFOLK, NR1 1FR £40,000 19/12/2025 Flat
5 POLYPIN YARD, NORWICH, NORFOLK, NR1 1RG £105,000 18/12/2025 Flat
FOX HOUSE 3 MOUNTERGATE, NORWICH, NORFOLK, NR1 1FR £48,000 22/08/2025 Flat
150A KING STREET, NORWICH, NORFOLK, NR1 1QH £250,000 30/01/2025 Flat
AUSTIN HOUSE 56 KING STREET, NORWICH, NORFOLK, NR1 1FX £75,600 15/12/2023 Flat
19 PARADISE PLACE, NORWICH, NORFOLK, NR1 1QY £135,000 23/11/2023 Flat
22 LORDS GARDENS, NORWICH, NORFOLK, NR1 1FY £325,000 03/11/2023 Flat
148A KING STREET, NORWICH, NORFOLK, NR1 1QH £242,500 31/10/2023 Flat
114A KING STREET, NORWICH, NORFOLK, NR1 1QE £90,000 16/08/2023 Flat
148D KING STREET, NORWICH, NORFOLK, NR1 1QH £340,000 01/08/2023 Flat
MINERAL COURT 1 ST ANN LANE, NORWICH, NORFOLK, NR1 1FZ £157,000 22/06/2023 Flat
156D KING STREET, NORWICH, NORFOLK, NR1 1QH £230,000 15/06/2023 Flat
61 MUSIC HOUSE LANE, NORWICH, NORFOLK, NR1 1QN £154,000 05/06/2023 Flat
5 LORDS GARDENS, NORWICH, NORFOLK, NR1 1FY £60,000 30/05/2023 Flat
31 HORNS LANE, NORWICH, NORFOLK, NR1 3ER £168,000 09/05/2023 Flat
RIVER HEIGHTS 5 WHERRY ROAD, NORWICH, NORFOLK, NR1 1XR £200,000 09/03/2023 Flat
144E KING STREET, NORWICH, NORFOLK, NR1 1QH £345,000 03/02/2023 Flat
MORGAN HOUSE FLAT 51 ROUEN ROAD, NORWICH, NORFOLK, NR1 1QQ £375,000 04/11/2022 Flat
21 LORDS GARDENS, NORWICH, NORFOLK, NR1 1FY £420,000 28/10/2022 Flat
RIVER HEIGHTS 3 WHERRY ROAD, NORWICH, NORFOLK, NR1 1XR £177,000 23/08/2022 Flat

Area average: £196,855 (20 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -20.5%
10y growth 6.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Norwich. Series: Flats and maisonettes. As of March 2026.

1y (index) -4.7%
5y (index) 0.6%
10y (index) 15.6%

Rental Range

Estimated market rent for Norwich. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,034/mo
Realistic £1,149/mo
Optimistic £1,264/mo

Based on Local Authority from postcode lookup → Norwich.

LHA (30th percentile) floor for Central Norfolk & Norwich: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Penthouse, Ber Street, NR1 £1,150/mo 1 0.24 miles OpenRent
1 Bed Flat, Thorpe Road, NR1 £1,000/mo 1 0.71 miles OpenRent

Average rent: £1,075/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.42%
Max investor price (0.8%) £134,375
Target investor price (1%) £107,500
Gross yield 5.1%
Cost-to-rent ratio 19.8×
Monthly cashflow £-62/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -1%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Street-level crime

Category Count
Violence and sexual offences 223
Shoplifting 150
Anti-social behaviour 128
Criminal damage and arson 62
Public order 45
Other theft 35
Drugs 33
Burglary 16
Vehicle crime 12
Bicycle theft 10
Robbery 10
Possession of weapons 9
Theft from the person 7
Other crime 5
Total incidents 745

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Charles Darwin Primary School Primary 0.2 miles Outstanding — 10 Sep 2019
Notre Dame High School, Norwich Secondary 0.3 miles Good — 3 Jun 2024
The Free School Norwich Primary 0.3 miles Good — 1 Aug 2013
Norwich School Other 0.4 miles (No rating)
Norwich University of the Arts Other 0.4 miles (No rating)

FENSA

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