1, Laundry Lane
1, Laundry Lane
Description & Estimates
1, Laundry Lane, Norwich is described in the public record as a mid-century house with 1,173 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Laundry Lane, Norwich is £239,178 and its rental estimate is £1,160 per month, given the available information and assuming reasonable condition.
Laundry Lane, Sprowston, Norwich, NR7 falls within the NR7 postal district, in the borough of Broadland.
Our Data Sources
1, Laundry Lane, Norwich has no records in the the Land Registry and a single entry in the EPC database dated January 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Laundry Lane, Norwich, we estimate a market value of £251,137 and a rental value of £1,218 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £222,436 and £1,079 per month respectively.
Recent Market Change
Over the last year, 1, Laundry Lane, Norwich has seen its estimated sale value move down by £3,778 (1.6%) and its estimated rental value increase by £28 per month (2.4%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
1, Laundry Lane, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jan 2022.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Laundry Lane, Norwich have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2024, was 180, Blithewood Gardens, Norwich, NR7 8PP, a freehold house which sold for £257,000.
Read more about house prices in NR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 2 addresses on Laundry Lane, Sprowston, Norwich, NR7, 1, Laundry Lane, Norwich comes out as the largest and the most expensive in our analysis of the public data.
It is also £48k less expensive than the average property across the NR7 district.
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Schools Nearby
- 500mWhite House Farm
- 700mSparhawk Infant School & Nursery
- 900mCecil Gowing Infant School
- 1.1kmSprowston Community Academy
- 1.6kmThe Open Academy
- 2.5kmThorpe St Andrew School and Sixth Form
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Public Transport Nearby
From 1, Laundry Lane, Norwich, the nearest station is Norwich, 3.9 kilometres away.
- 3.9kmNorwich
- 4.1kmSalhouse
- 6.5kmBrundall Gardens
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
