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5 Silver Road is a residential building situated on Silver Road, Norwich, NR3 with 2 addresses.
It ranks as the 217th largest and 431st most expensive of the 519 buildings in the NR3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
5 Silver Road is a residential building situated on Silver Road, Norwich, NR3 with 2 addresses.
It ranks as the 217th largest and 431st most expensive of the 519 buildings in the NR3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £138,613 for 2 bedroom Leasehold flats (768 ft2) to £218,654 for 3 bedroom freehold houses with a garden (947 ft2) .
Monthly rental prices range from £766 pcm for 2 bed flats to £1,065 pcm for 3 bed houses.
The gross rental yield is between 5.8% and 6.6%.
The average value per square foot is £206.
The last sale in 5 Silver Road sold for £39,500 on 21st December 1998. Since then prices are down an average of 0.0%.
The current average value in the building is £178,634.
The 5 Silver Road Sales Market has increased by 22.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.8% | £178,634 |
| May 2025 | -0.7% | £180,065 |
| May 2024 | -0.6% | £181,344 |
| May 2023 | 0.7% | £182,424 |
| May 2022 | 7.5% | £181,115 |
| May 2021 | 4.9% | £168,409 |
| May 2020 | 2.4% | £160,480 |
| May 2019 | 1% | £156,755 |
| May 2018 | 3.2% | £155,223 |
| May 2017 | 2.9% | £150,419 |
| May 2016 | 6.2% | £146,198 |
| May 2015 | 5.3% | £137,636 |
| May 2014 | 9% | £130,764 |
| May 2013 | 3.4% | £119,918 |
| May 2012 | 2.2% | £115,995 |
| May 2011 | -3.7% | £113,479 |
| May 2010 | 9.3% | £117,864 |
| May 2009 | -17.2% | £107,883 |
| May 2008 | -6.6% | £130,304 |
| May 2007 | 0% | £139,506 |
The current average rental value in the building is £916.
The 5 Silver Road Rental Market has increased by 55.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.1% | £916pcm |
| May 2025 | 3.8% | £888pcm |
| May 2024 | 7.5% | £856pcm |
| May 2023 | 7% | £796pcm |
| May 2022 | 9.5% | £744pcm |
| May 2021 | 6.5% | £680pcm |
| May 2020 | 3.2% | £638pcm |
| May 2019 | 1.4% | £618pcm |
| May 2018 | 1.4% | £610pcm |
| May 2017 | 2.2% | £601pcm |
| May 2016 | 3.1% | £589pcm |
| May 2015 | 3.2% | £571pcm |
| May 2014 | 2.5% | £553pcm |
| May 2013 | 0.7% | £540pcm |
| May 2012 | 2.4% | £536pcm |
| May 2011 | 2.5% | £523pcm |
| May 2010 | 4.5% | £511pcm |
| May 2009 | -8.6% | £489pcm |
| May 2008 | -0.9% | £534pcm |
| May 2007 | 0% | £539pcm |
The last sale was on 21st December 1998 for £39,500 and since then the market in the area has remained stable. The building has had a total of 1 sales since 1995.
5, Silver Road, Norwich, NR3 4TX has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 5, Silver Road, Norwich, NR3 4TX is Norwich station which is 1.1 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Silver Road, Norwich, NR3 4TX, 50.4% of property is socially rented and 22.1% is privately rented.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5, Silver Road, Norwich, NR3 4TX, 15.3% of residents are recorded as possessing school level qualifications and 20.7% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, Silver Road, Norwich, NR3 4TX, the average age was 39.7 and the most common age was 27.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5, Silver Road, Norwich, NR3 4TX, 0.8% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5, Silver Road, Norwich, NR3 4TX, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.