16, Mill Lane
16, Mill Lane
Description & Estimates
16, Mill Lane, Norwich is described in the public record as a modern house with 954 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 16, Mill Lane, Norwich is £262,009 and its rental estimate is £988 per month, given the available information and assuming reasonable condition.
Mill Lane, Seething, Norwich, NR15 falls within the NR15 postal district, in the borough of South Norfolk.
Our Data Sources
16, Mill Lane, Norwich has no records in the the Land Registry and a single entry in the EPC database dated June 2010.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 16, Mill Lane, Norwich, we estimate a market value of £275,110 and a rental value of £1,038 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £243,669 and £919 per month respectively.
Recent Market Change
Over the last year, 16, Mill Lane, Norwich has seen its estimated sale value decrease by £5,301 (2.0%) and its estimated rental value grow by £22 per month (2.2%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
16, Mill Lane, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jun 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Mill Lane, Norwich have sold within a radius of 3.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th March 2021, was 3, Mill Lane, Norwich, NR15 1DH, a freehold house which sold for £245,000.
Read more about house prices in NR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 29 addresses on Mill Lane, Seething, Norwich, NR15, 16, Mill Lane, Norwich comes out as the 17th largest and the 12th most expensive in our analysis of the public data.
It is also £93k less expensive than the average property across the NR15 district.
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Schools Nearby
- 500mSeething and Mundham Primary School
- 2.8kmThurton Primary School
- 3.6kmLoddon Junior School
- 3.8kmHobart High School
- 7.8kmFramingham Earl High School
- 9.8kmBungay High School
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Public Transport Nearby
From 16, Mill Lane, Norwich, the nearest station is Buckenham, 7.9 kilometres away.
- 7.9kmBuckenham
- 8.0kmCantley
- 9.8kmBrundall
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
