1, Smockmill Close
1, Smockmill Close
Description & Estimates
1, Smockmill Close, Norwich is recorded publicly as a modern leasehold house across 1,119 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Smockmill Close, Norwich is £140,675 and its rental estimate is £652 per month, given the available information and assuming reasonable condition.
Smockmill Close, Bunwell, Norwich, NR16 falls within the NR16 postal district, in the borough of South Norfolk.
Our Data Sources
1, Smockmill Close, Norwich has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Smockmill Close, Norwich, we estimate a market value of £147,709 and a rental value of £684 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £130,828 and £606 per month respectively.
Recent Market Change
Over the last year, 1, Smockmill Close, Norwich has seen its estimated sale value decline by £2,672 (1.9%) and its estimated rental value climb by £20 per month (3.0%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
1, Smockmill Close, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Aug 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Systems with radiators, electric.
Sold Prices
The most recent sale of 1, Smockmill Close, Norwich completed on 23rd September 2021 at £137,500 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 2.5% over the period since September 2021.
- Sold Sep 2021£137,500
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 4.4 kilometres of 1, Smockmill Close, Norwich, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2021, was 2, Smockmill Close, Norwich, NR16 1FL, a leasehold house which sold for £120,000.
Read more about house prices in NR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 8 addresses on Smockmill Close, Bunwell, Norwich, NR16, 1, Smockmill Close, Norwich comes out as the largest and the most expensive in our analysis of the public data.
It is also £246k less expensive than the average property across the NR16 district.
More reading links
Schools Nearby
- 1.1kmBunwell Primary School
- 1.4kmCarleton Rode Church of England Voluntary Aided Primary School
- 2.7kmTacolneston Church of England Primary Academy
- 5.6kmOld Buckenham High School
- 6.6kmWymondham College
- 7.3kmAttleborough Academy
More reading links
Public Transport Nearby
From 1, Smockmill Close, Norwich, the nearest station is Spooner Row, 4.5 kilometres away.
- 4.5kmSpooner Row
- 6.9kmAttleborough
- 7.2kmWymondham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
