Property profile

34 Springbank

Map showing 34 Springbank, Norwich

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£125,000

Flats sold in Lakenham

The box shows the middle 50% of flats sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold17 Sept 2021
£120,000Change since last sale: +£7,000 (+5.5%)
Annualised change
+1.0% per yearNorwich annualised change (flats) since 2021: −0.6% per yearThis property outperformed the market
Price per sq ftLocal median £237 per sq ft
£256 per sq ftEstimate vs local median: +£19 per sq ft (+7.9%)
Local sold pricesMedian for flats in Lakenham
£150,000Estimate vs local median: −£23,000 (−16%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeMaisonette / Detached
TenureLeasehold
Construction period1967-1975
Floor area46 m² / 495 sq ft
Rooms2 habitable / 2 heated
Floor level1
EPC ratingD
EPC inspection25 Jun 2021

Sales history

DatePriceChange
17 Sept 2021£120,000-

Local market

Property prices in Lakenham

Median price: £235,000
Price per sq ft: £276
Sales (last 12 months): 96
Typical range (middle 50%): £190K – £301K

Based on 96 recent sales, the median property price is £235,000 (about £276 per square foot) in Lakenham area, with individual transactions ranging from £110,000 up to £575,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Lakenham over the last year.
TypeSalesMedian£/sq ft
Detached10£433,750£322
Semi-Detached26£244,000£268
Terraced40£240,000£302
Flats20£150,000£237

10-year price trendmedian sale price in Lakenham

Sale price

Ten year median sale price trend for each property type in Lakenham.
YearDetachedFlatsSemi-DetachedTerraced
2016£275,000£130,000£179,500£190,000
2017£399,998£135,000£200,000£193,750
2018£426,000£140,000£190,000£184,000
2019£502,004£136,000£200,000£197,500
2020£500,000£125,000£197,750£192,500
2021£485,000£138,250£226,000£218,000
2022£425,000£164,000£250,000£243,278
2023£363,500£157,750£242,500£222,500
2024£385,000£150,000£225,000£235,000
2025£435,000£150,000£245,000£228,750
2026£425,000£160,000£244,000£238,000
Ten year median sale price trend for each property type in Lakenham.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Lakenham.
YearDetachedFlatsSemi-DetachedTerraced
2016£276£217£200£230
2017£298£222£214£238
2018£240£257£207£217
2019£317£233£226£246
2020£337£211£229£235
2021£322£229£240£265
2022£319£257£286£282
2023£358£256£277£266
2024£324£253£266£272
2025£326£241£261£285
2026£297£237£270£295
Ten year median sale price per square foot trend for each property type in Lakenham.

Price distribution by property typelast 12 months

Price distribution by property type for Lakenham in the last year.

Recent sales

There were 49 recent sold properties in the last 18 months near NR1 2LJ.

Recent sold properties in the last 18 months near NR1 2LJ
DateAddressTypeTenurePriceMap
24 Oct 202538, Springbank, Norwich, NR1 2LJFlatsLeasehold£105,000
16 Jul 202623, Cavell Road, Norwich, NR1 2LLTerracedFreehold£235,000
15 May 20263, Cavell Road, Norwich, NR1 2LLTerracedFreehold£210,000
24 Feb 202651, Springbank, Norwich, NR1 2LHFlatsLeasehold£135,000
22 Oct 2025109, Springbank, Norwich, NR1 2LHFlatsLeasehold£126,000

Other properties at this postcode

AddressTenureFloor areaLast sale
6, Springbank, NorwichLeasehold69 m²£139,000 (2018)
8, Springbank, Norwich-70 m²-
14, Springbank, Norwich-71 m²-
16, Springbank, Norwich-70 m²-
18, Springbank, Norwich-71 m²-
20, Springbank, Norwich-71 m²-
22 Springbank, NorwichLeasehold56 m²£80,000 (2014)
24, Springbank, Norwich-71 m²-
26 Springbank, Norwich-35 m²-
28, Springbank, Norwich-35 m²-

Area insights for NR1 2LJ

Full area profile →

Overview

Postcode NR1 2LJ is located in an urban city, within the Lakenham area of Norwich in the East of England region, and forms part of the Lakenham & Tuckswood area. It has very high deprivation and high crime levels, with around 86.7 crimes per 1,000 residents per year, in line with the East of England average of 82 per 1,000. The average income per household in Lakenham & Tuckswood is £45,752 per year. The median sale price in Lakenham is £235,000 (around £276 per square foot), with typical sale prices between £190,000 and £301,250. The nearest station is Norwich, about 1.1 miles away. There are 5 primary and 3 secondary schools in the area. There is 1 park nearby, the closest small park is Jubilee Park.

Crime rate
8/10
Crimes per 1k residents
87
Deprivation level
9/10
Income level
2/10
Social housing
39.1%
Connectivity
N/A
Flood Risk
No risk
Noise Level
Low

Deprivation level

9/10

Lakenham & Tuckswood has a very high level of deprivation, ranked at position 3,420 out of 32,844 areas in England, placing it within the top 10% most deprived areas in England.

Crime level

8/10

Lakenham & Tuckswood has a high crime rate, with approximately 86.7 reported incidents per 1,000 population each year.

Social housing

39.1%

Approximately 39.1% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 38.6% of dwellings are socially rented.

Income level

2/10

The average income per household in Lakenham & Tuckswood is £45,752 per year.

Noise Level

Low

Low noise level (55.0-59.9 dB) from road, approximately 56 ft away from NR1 2LJ.

Flood risk

No risk

Lakenham & Tuckswood near NR1 2LJ has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Norwich located about 1.1 miles away. There are no other stations nearby.

Parks

Nearby parks and green spaces for NR1 2LJ
DistanceNameSizeDirections
0.2 miJubilee ParkSmallWalking directions to Jubilee Park

Area Profile

Population
297
Population density
6,000 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
51.08(+62%)
Criminal damage and arson
12.77(+101%)
Anti-social behaviour
12.77(+10%)
Public order
8.06(+57%)
Other crime
5.38(+174%)
East of England average

Demographics

Ethnic groups

British
249
83%
Other White
10
3.33%
Irish
7
2.33%
Indian
6
2%
Other Mixed or Multiple ethnic groups
5
1.67%
Total population: 300

Economics

Education (age 16+)

No qualifications
62
25.51%
Level 4+ (Degree)
57
23.46%
Level 3 (A level)
41
16.87%
Level 1 (GCSEs 3-1)
37
15.23%
Level 2 (GCSEs 9-4)
28
11.52%
Total 16+ residents: 243

Housing

Housing tenure

Social rents from council
50
39.06%
Owns with a mortgage
32
25%
Owns outright
30
23.44%
Private landlord or letting agency
11
8.59%
Shared ownership
3
2.34%
Total households: 128

Schools

In the NR1 2LJ postcode area, located within Lakenham & Tuckswood, there are 5 primary and 3 secondary schools in close proximity.

Ratings include official Ofsted judgements and Area360 summaries of inspection grades. Open a school’s profile for its inspection grades and results.

Nearby schools for NR1 2LJ
DistancePhaseNameTypeRatingLinks
0.2 miPrimaryEdith Cavell Academy and NurseryAcademy sponsor led
Good
0.3 miPrimaryLakenham Primary SchoolFoundation school
Good
0.4 miNot applicableNorwich Steiner SchoolOther independent school
Good

Local amenities

9 nearby supermarkets & convenience stores within 0.5 mi of NR1 2LJ

Nearby supermarkets & convenience stores for NR1 2LJ
DistanceNameAddressDirections
0.2 miOasis Stores63 Long John Hill, Norwich, NR1 2JJWalking directions to Oasis Stores
0.3 miSt John's News4 Saint Johns Close, Norwich, NR1 2ADWalking directions to St John's News
0.3 miCity Road Convenience Store96 City Road, Norwich, NR1 2HGWalking directions to City Road Convenience Store
0.3 miLondisBarrett Road, Norwich, NR1 2RTWalking directions to Londis
0.3 miAldiHall Road, Norwich, NR4 6DHWalking directions to Aldi