12, St. Margarets Drive
12, St. Margarets Drive
Description & Estimates
12, St. Margarets Drive, Norwich is recorded publicly as a modern freehold house across 613 ft2 of internal area, sitting on a 176 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 12, St. Margarets Drive, Norwich is £222,715 and its rental estimate is £1,066 per month, given the available information and assuming reasonable condition.
St. Margarets Drive, Norwich, NR7 falls within the NR7 postal district, in the borough of Broadland.
Our Data Sources
12, St. Margarets Drive, Norwich has a single entry in the Land Registry from October 2014 and a single entry in the EPC database dated July 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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, St. Margarets Drive, Norwich, we estimate a market value of £233,850 and a rental value of £1,119 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £207,125 and £991 per month respectively.
Recent Market Change
Over the last year, 12, St. Margarets Drive, Norwich has seen its estimated sale value move down by £2,968 (1.3%) and its estimated rental value increase by £28 per month (2.6%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 12, St. Margarets Drive, Norwich as measuring 176 m2.
That makes it the 28th largest plot in the postcode, where 39 of the 44 other houses have recorded plot data.
Energy Efficiency
12, St. Margarets Drive, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jul 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 12, St. Margarets Drive, Norwich completed on 31st October 2014 at £161,000 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 risen by 46.0% over the period since October 2014.
- Sold Oct 2014£161,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, St. Margarets Drive, Norwich have sold within a radius of 710 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th December 2024, was 54, St. Marys Grove, Norwich, NR7 8DL, a freehold house which sold for £235,000.
Read more about house prices in NR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 103 addresses on St. Margarets Drive, Norwich, NR7, 12, St. Margarets Drive, Norwich comes out as the 88th largest and the 90th most expensive in our analysis of the public data.
It is also £64k less expensive than the average property across the NR7 district.
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Schools Nearby
- 600mSparhawk Infant School & Nursery
- 900mSprowston Junior School
- 900mSprowston Infant School
- 1.2kmSprowston Community Academy
- 2.0kmThe Open Academy
- 2.5kmSewell Park Academy
More reading links
Public Transport Nearby
From 12, St. Margarets Drive, Norwich, the nearest station is Norwich, 4.1 kilometres away.
- 4.1kmNorwich
- 4.7kmSalhouse
- 7.7kmBrundall Gardens
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
