1, Serenity Place
1, Serenity Place
Description & Estimates
1, Serenity Place, Norwich is recorded publicly as a modern freehold house across 1,539 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 1, Serenity Place, Norwich is £393,860 and its rental estimate is £1,797 per month, given the available information and assuming reasonable condition.
Serenity Place, Norwich, NR5 falls within the NR5 postal district, in the borough of South Norfolk.
Our Data Sources
1, Serenity Place, Norwich has a single entry in the Land Registry from January 2023 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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, Serenity Place, Norwich, we estimate a market value of £413,553 and a rental value of £1,887 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £366,290 and £1,671 per month respectively.
Recent Market Change
Over the last year, 1, Serenity Place, Norwich has seen its estimated sale value drop by £8,047 (2.0%) and its estimated rental value rise by £31 per month (1.7%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
1, Serenity Place, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Serenity Place, Norwich completed on 27th January 2023 at £435,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 14.3% over the period since January 2023.
- Sold Jan 2023£435,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Serenity Place, Norwich have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th January 2024, was 27, Phoenix Way, Norwich, NR5 0WU, a freehold house which sold for £403,750.
Read more about house prices in NR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 3 addresses on Serenity Place, Norwich, NR5, 1, Serenity Place, Norwich comes out as the 2nd largest and the most expensive in our analysis of the public data.
It is also £155k more expensive than the average property across the NR5 district.
More reading links
Schools Nearby
- 1.3kmChapel Break Infant School
- 1.4kmSt Michael's VA Junior School
- 1.5kmThe Bawburgh School
- 1.2kmOrmiston Victory Academy
- 4.1kmCity Academy Norwich
- 4.5kmHellesdon High School
More reading links
Public Transport Nearby
From 1, Serenity Place, Norwich, the nearest station is Norwich, 7.8 kilometres away.
- 7.8kmNorwich
- 10.4kmWymondham
- 13.7kmSalhouse
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
