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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Public records show 11, The Watering, Norwich to be a modern leasehold apartment with 559 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
11, The Watering, Norwich has an estimated sale value of £166,595 and an estimated rental value of £778 per month, assuming reasonable condition and based on the information available.
The Watering, Norwich, NR3 lies in the borough of Norwich, within the NR3 postal district.
11, The Watering, Norwich has a single entry in the Land Registry from October 2009 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 11, The Watering, Norwich would be worth £174,925, with a potential rental value of £817 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £154,934, with a rental value of £723 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 11, The Watering, Norwich has fallen by £245 (0.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £27 (3.5%). The property's estimated gross yield is currently 5.6%.
11, The Watering, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Apr 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
11, The Watering, Norwich last changed hands on 26th October 2009, selling for £102,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 44.4% since October 2009.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 510 metres of 11, The Watering, Norwich across the last 2 years.
Most recently, 10, The Watering, Norwich, NR3 3BF, a leasehold flat, sold at £162,000 on the 26th January 2021.
Read more about house prices in NR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 11, The Watering, Norwich as the 19th largest and the 19th most expensive of the 21 addresses on The Watering, Norwich, NR3.
Against the NR3 postcode district average, it is £42k less expensive than the typical property.
Norwich station is the nearest stop to 11, The Watering, Norwich at 1.9 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 11, The Watering, Norwich, 40.7% of property is privately rented and 22.1% is privately owned outright.
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 11, The Watering, Norwich, 10.4% of residents are recorded as possessing school level qualifications and 42.9% 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 11, The Watering, Norwich, the average age was 36.4 and the most common age was 32.
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 11, The Watering, Norwich, 0.4% 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 11, The Watering, Norwich, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
