16, Chestnut Drive
16, Chestnut Drive
Description & Estimates
Public records show 16, Chestnut Drive, Norwich to be a modern freehold house with 2,142 ft2 of internal area.
In this area, houses of this size normally have 5 bedrooms with a garden.
16, Chestnut Drive, Norwich has an estimated sale value of £572,554 and an estimated rental value of £1,949 per month, assuming reasonable condition and based on the information available.
Chestnut Drive, Loddon, Norwich, NR14 lies in the borough of South Norfolk, within the NR14 postal district.
Our Data Sources
16, Chestnut Drive, Norwich has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated February 2022.
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
In very good condition, we estimate 16, Chestnut Drive, Norwich would be worth £601,182, with a potential rental value of £2,047 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £532,475, with a rental value of £1,813 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 16, Chestnut Drive, Norwich has decreased by £5,611 (1.0%) over the last year. During the same period, its estimated monthly rental value has grown by £57 (2.9%). The property's estimated gross yield is currently 4.1%.
Energy Efficiency
16, Chestnut Drive, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Feb 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
Sold Prices
16, Chestnut Drive, Norwich last changed hands on 4th February 2022, selling for £635,000. 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 5.0% since February 2022.
- Sold Feb 2022£635,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 16, Chestnut Drive, Norwich across the last 2 years.
Most recently, 12, Chestnut Drive, Norwich, NR14 6GF, a freehold house, sold at £610,000 on the 2nd September 2022.
Read more about house prices in NR14.
- Sold Sep 2022£610,000 | 5 Bed House12, Chestnut Drive, Norwich, NR14 6GF12, Chestnut Drive, Norwich, NR14 6GF
- Sold Apr 2022£640,000 | 5 Bed House10, Chestnut Drive, Norwich, NR14 6GF10, Chestnut Drive, Norwich, NR14 6GF
- Sold Dec 2021£625,000 | 5 Bed House22, Chestnut Drive, Norwich, NR14 6GF22, Chestnut Drive, Norwich, NR14 6GF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 16, Chestnut Drive, Norwich as the 4th largest and the 3rd most expensive of the 26 addresses on Chestnut Drive, Loddon, Norwich, NR14.
Against the NR14 postcode district average, it is £215k more expensive than the typical property.
More reading links
Schools Nearby
- 400mLoddon Junior School
- 400mLoddon Infant and Nursery School
- 3.5kmThurton Primary School
- 700mHobart High School
- 10.3kmFramingham Earl High School
- 10.3kmBungay High School
More reading links
Public Transport Nearby
Cantley station is the nearest stop to 16, Chestnut Drive, Norwich at 5.4 kilometres away.
- 5.4kmCantley
- 6.7kmReedham (Norfolk)
- 6.8kmBuckenham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
