23 Skipper House, 130 Ber Street, Norwich, NR1 3EZ

UPRN:10093498975Converted Flat1 bedsBuilt -

LeaseholdCouncil Tax: Band BEPC: C (70)

Data freshness:Listing· freshPlanning· 4mo agoEPC· 5mo agoRisk· 2y agoAmenities· 1mo agoArea· Census 2021

Valuation estimateUpdated yesterday

£135,000

Estimated value

Range: £128k - £142k|Last sold: £135k (2018-01-24)

Estimate of £135k for this converted flat. 350 sales in NR1 in the last 12 months; median £209k.

Estimate confidence

High confidence

Value History

Monthly AVM sale-value estimate

Current estimate

£135k

£128k - £142k - High confidence

Annualised (CAGR)

-0.90%

Over the full window

Peak estimate

£166k

Jul 2023

From peak

-18.67%

Drawdown from peak

AVM estimate (model)Repeat-sales index - NR1 district (quarterly)index YoY +3.57%

Growth by window

+1.50%

-4.93%

12m

-10.00%

24m

-14.56%

60m

-11.76%

Rental Market

Monthly

Estimated rent (pcm)

£750

/ month

Gross yield

7.20%

Rent ÷ asking price

Net yield

4.97%

Assumes ~31% running costs (not this property's)

Vacancy trend

12-month change

Market Metrics

6 live signals

Median Area Price

£209k

NR1 sales, last 12 months

12m Price Growth

-31.9%

NR1 median, Land Registry

Days on Market

100d

NR1 average

Sales & Yield

3 metrics

Transactions / 12m

350

NR1 sales

Area Gross Yield

7.78%

NR1 medians

Last Sold

£135k

2018-01-24

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

Asking Price£125,000
SDLT standard£0
SDLT BTL surcharge (5%)£6,250
Legal, survey + broker (assumed)£2,100
RefurbishmentNot costed
Total Cost (excl. refurb)£133,350

Funding

Deposit (25%)£31,250
Mortgage (75% LTV)£93,750
Interest Rate (assumed)5.25%
Mortgage TypeInterest Only
Cash Required£39,600

Monthly Returns

Monthly Rent (estimate)£750
Mortgage Payment (IO)-£410
Management (10%)-£75
Insurance (assumed)-£40
Maintenance (assumed)-£60
Monthly Cashflow, before lease costs (not stated)+£165

Capital Returns

5yr Property Value£124,376
5yr Capital Gain (-0.10% pa, historical)-£624
5yr Cumulative Rent (net, before lease costs)+£36,156
Less mortgage interest-£24,600
5yr Total Return (before lease costs)+£10,933

Modelled on the live asking price. Assumed, as in the PDF report: 25% deposit, 5.25% interest-only mortgage, management 10% of rent, insurance £40/mo, maintenance £60/mo, legal, survey and broker £2,100. Refurbishment, voids and letting fees are not costed. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.

5-Year Projection

BTL · Interest Only

Year	Property Value	Equity	Cashflow (cumulative)	Total Return	ROI
Year 1	£124,875	£31,125	+£1,980	+£1,855	4.7%
Year 2	£124,750	£31,000	+£4,128	+£3,878	9.8%
Year 3	£124,625	£30,875	+£6,436	+£6,061	15.3%
Year 4	£124,501	£30,751	+£8,906	+£8,407	21.2%
Year 5	£124,376	£30,626	+£11,556	+£10,933	27.6%

Modelled on the live asking price. Capital growth -0.10% a year is the NR1 area's 5-year historical rate (Land Registry medians), not a forecast. Rent grows 2% a year (assumed); management is 10% of each year's rent. Mortgage held interest-only at 5.25% for 5 years. Refurbishment, voids and letting fees are not costed. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£39,600).

Price Forecast

No forecast available.

Demand & Supply

Median earnings (local authority)

Signal

1,142

Population

Signal

6.7%

Households Deprived

Upside Opportunities

0 levers