12, Shepherd Purse Way
12, Shepherd Purse Way
Description & Estimates
Public records show 12, Shepherd Purse Way, Norwich to be a modern freehold house with 1,560 ft2 of internal area, sitting on a 129 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
12, Shepherd Purse Way, Norwich has an estimated sale value of £304,538 and an estimated rental value of £1,619 per month, assuming reasonable condition and based on the information available.
Shepherd Purse Way, Norwich, NR5 lies in the borough of Norwich, within the NR5 postal district.
Our Data Sources
12, Shepherd Purse Way, Norwich has a single entry in the Land Registry from February 2021 and a single entry in the EPC database dated December 2020.
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
In very good condition, we estimate 12, Shepherd Purse Way, Norwich would be worth £319,764, with a potential rental value of £1,700 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £283,220, with a rental value of £1,505 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 12, Shepherd Purse Way, Norwich has moved down by £6,222 (2.0%) over the last year. During the same period, its estimated monthly rental value has increased by £27 (1.7%). The property's estimated gross yield is currently 6.4%.
Plot Size
12, Shepherd Purse Way, Norwich occupies a 129 m2 plot as recorded by HM Land Registry.
Of the 17 other houses in this postcode, 10 have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
12, Shepherd Purse Way, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Dec 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
12, Shepherd Purse Way, Norwich last changed hands on 22nd February 2021, selling for £280,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 13.4% since February 2021.
- Sold Feb 2021£280,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of 12, Shepherd Purse Way, Norwich across the last 2 years.
Most recently, 18, Poppyfields, Norwich, NR5 9FB, a freehold house, sold at £295,000 on the 3rd June 2021.
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
Our analysis of the public data ranks 12, Shepherd Purse Way, Norwich as the 2nd largest and the 2nd most expensive of the 18 addresses on Shepherd Purse Way, Norwich, NR5.
Against the NR5 postcode district average, it is £65k more expensive than the typical property.
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Schools Nearby
- 300mClover Hill VA Infant and Nursery School
- 1.0kmSt Michael's VA Junior School
- 1.0kmValley Primary Academy
- 1.7kmCity Academy Norwich
- 1.8kmOrmiston Victory Academy
- 3.2kmHellesdon High School
More reading links
Public Transport Nearby
Norwich station is the nearest stop to 12, Shepherd Purse Way, Norwich at 5.4 kilometres away.
- 5.4kmNorwich
- 11.0kmWymondham
- 11.8kmSalhouse
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
