# 128A KING STREET, NORWICH, NORFOLK, NR1 1QE

## Property details

- Slug: `cb1c0b7` (address key hash: `cb1c0b74460deec9a5406a76960d58dd36c76b93`)
- Postcode: NR1 1QE
- Transactions on record: 3

- 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)

## Latest sale

- Price: £255,000
- Date: 2026-02-06
- Type: F
- Tenure: L

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Current heating cost:** £236/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0942-3833-7970-9396-2711)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-02-06 | £255,000 | Flat | +30.1% | £257,901 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/4c1b673f-6f7b-d8ea-e063-4704a8c0bf7d) |
| Sold | 2021-05-15 | £196,000 | Flat | -6.7% | £195,341 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/cd5a9dcc-2825-310a-e053-6c04a8c00a1f) |
| Sold | 2016-03-31 | £210,000 | Flat | — | £242,770 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/3b7e0b90-340e-ea99-e050-a8c062057e77) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 128A KING STREET, NORWICH, NORFOLK, NR1 1QE | £255,000 | 06/02/2026 | Flat |
| 128A KING STREET, NORWICH, NORFOLK, NR1 1QE | £196,000 | 15/05/2021 | Flat |
| 128A KING STREET, NORWICH, NORFOLK, NR1 1QE | £210,000 | 31/03/2016 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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)

## Capital growth trend

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

- **5y growth:** -20.5%
- **10y growth:** 6.1%

## House Price Index (HM Land Registry)

*Official index for Norwich; Flats and maisonettes series; as of March 2026.*

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

## Rental Range

*ONS Price Index of Private Rents (Norwich). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,034/mo
- **Realistic:** £1,149/mo
- **Optimistic:** £1,264/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent 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)**

## 1% Rule

- **Rent ratio:** 0.42% (weak for cashflow)
- **Max investor price (0.8%):** £134,375
- **Target investor price (1%):** £107,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,075/mo).*

- **Gross yield:** 5.1%
- **Cost-to-rent:** 19.8×
- **Monthly cashflow:** £-62/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## 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.*

| 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) |