12, Oakwood Drive
12, Oakwood Drive
Description & Estimates
12, Oakwood Drive, Norwich is recorded publicly as a modern freehold house across 904 ft2 of internal area, sitting on a 186 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 12, Oakwood Drive, Norwich is £262,519 and its rental estimate is £1,140 per month, given the available information and assuming reasonable condition.
Oakwood Drive, Hellesdon, Norwich, NR6 falls within the NR6 postal district, in the borough of Broadland.
Our Data Sources
12, Oakwood Drive, Norwich has a single entry in the Land Registry from December 2019 and a single entry in the EPC database dated November 2019.
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.
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 12, Oakwood Drive, Norwich, we estimate a market value of £275,645 and a rental value of £1,197 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £244,143 and £1,060 per month respectively.
Recent Market Change
Over the last year, 12, Oakwood Drive, Norwich has seen its estimated sale value move down by £4,587 (1.7%) and its estimated rental value increase by £33 per month (2.9%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 12, Oakwood Drive, Norwich as measuring 186 m2.
That makes it the 15th largest plot in the postcode, where 24 of the 26 other houses have recorded plot data.
Energy Efficiency
12, Oakwood Drive, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Nov 2019.
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 12, Oakwood Drive, Norwich completed on 20th December 2019 at £237,995 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 risen by 15.6% over the period since December 2019.
- Sold Dec 2019£237,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Oakwood Drive, Norwich have sold within a radius of 900 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2024, was 21, Oakwood Drive, Norwich, NR6 5FE, a freehold house which sold for £267,000.
Read more about house prices in NR6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 26 addresses on Oakwood Drive, Hellesdon, Norwich, NR6, 12, Oakwood Drive, Norwich comes out as the 23rd largest and the 20th most expensive in our analysis of the public data.
It is also £16k less expensive than the average property across the NR6 district.
More reading links
Schools Nearby
- 600mKinsale Junior School
- 600mKinsale Infant School
- 1.1kmMile Cross Primary School
- 600mHellesdon High School
- 2.7kmSewell Park Academy
- 3.2kmCity Academy Norwich
More reading links
Public Transport Nearby
From 12, Oakwood Drive, Norwich, the nearest station is Norwich, 4.4 kilometres away.
- 4.4kmNorwich
- 9.1kmSalhouse
- 11.3kmBrundall Gardens
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
