Auction

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Auction

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1 bed flat for sale Chestnut Close, Costessey, NR5

Guide Price

£120,000

Added on 24/09/2026

For sale by auction

Type: Flat
Bedrooms: 1
Bathrooms: 1
Size: £321 per sq ft
Tenure: Leasehold

Council tax Band A £1,655 a year

Key features

First Floor Flat
Open Plan Kitchen/Living
Large Double Bedroom
Bathroom with Shower
Separate Storage/Utility
Private Gardens
Secure Communal Entrance
Off Road Parking & Garage

About this property

Guide Price £120,000-£150,000. This peaceful first floor flat includes a PRIVATE LAWNED GARDEN, OFF ROAD PARKING and a GARAGE. Located Close to the A47 and Longwater, whilst being within walking distance to local amenities, the property offers an ideal first time buy or investment.

Internally the accommodation offers a Spacious sitting room, open plan fitted kitchen, double bedroom, built-in storage, and a good size bathroom. The property benefits from a separate storage cupboard on the landing.

Floorplan

Council tax

Band A £1,655 a year

Per year

Band A

This home: £1,655
Band B

£1,931
Band C

£2,207
Band D

£2,483
Band E

£3,035
Band F

£3,586
Band G

£4,138
Band H

£4,966

This home is in band A, which costs £1,655 a year in South Norfolk for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across South Norfolk, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

This home

£321 / sq ft

Area average (sold)

£280 / sq ft

Price per area, sold homes nearby

£213 / sq ft

£321 / sq ft

£346 / sq ft

Lowest

This home

Highest

£321 per sq ft, above the middle of recent sales in NR5 (£213–£346, 10th–90th percentile, 511 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 511 homes sold in NR5 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in NR5 →

Location

Chestnut Close, Costessey, NR5

Open map Street View

Mortgage and stamp duty

Property price £120,000

£60k £180k

Deposit10% £12,000

£0 £120k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £108,000 mortgage. Most lenders would want a household income of about £24,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
21, Chestnut Close Flat / maisonette	Flat / maisonette	May 2025	366 sq ft £342/sq ft	366 sq ft	£342	£125,000
7, Chestnut Close Flat / maisonette	Flat / maisonette	Oct 2021	323 sq ft £463/sq ft	323 sq ft	£463	£149,500
6, Chestnut Close Terraced	Terraced	Sept 2021	700 sq ft £296/sq ft	700 sq ft	£296	£207,000
17, Chestnut Close Flat / maisonette	Flat / maisonette	Nov 2019	409 sq ft £335/sq ft	409 sq ft	£335	£137,000
5, Chestnut Close Flat / maisonette	Flat / maisonette	Aug 2019	377 sq ft £250/sq ft	377 sq ft	£250	£94,000
17, Chestnut Close Flat / maisonette	Flat / maisonette	Oct 2018	409 sq ft £225/sq ft	409 sq ft	£225	£92,000
6, Chestnut Close Terraced	Terraced	Jul 2017	700 sq ft £249/sq ft	700 sq ft	£249	£174,000
1, Chestnut Close Flat / maisonette	Flat / maisonette	Jun 2016	420 sq ft £310/sq ft	420 sq ft	£310	£130,000