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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Alder Way, Norwich is a modern freehold house with 1,001 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Alder Way, Norwich is £330,138 and the estimated rental value is £1,289 per month.
Alder Way, Acle, Norwich, NR13 is located in the borough of Broadland within the NR13 postal district.
2, Alder Way, Norwich has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Alder Way, Norwich is in very good condition we estimate a sale value of £346,645 and a rental value of £1,353 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £307,028 and a rental value of £1,198 per month.
Over the last 12 months the sale value of 2 Alder Way Norwich has increased by an estimated £1,839 (0.6%) and its rental value has increased by an estimated £35 per month (2.7%), giving an expected gross yield of 4.7%.
2, Alder Way, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jun 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Alder Way, Norwich was last sold on 24th June 2022 for £349,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2022, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Alder Way, Norwich within a radius of 2.9 kilometres over the last 2 years.
The most recent example is 5, Poppy Way, Norwich, NR13 3DT, a freehold house which sold for £342,500 on the 5th December 2024.
Read more about house prices in NR13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alder Way, Acle, Norwich, NR13 has a total of 6 addresses. According to our analysis of all the public data, 2, Alder Way, Norwich is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in NR13.
The closest station to 2, Alder Way, Norwich is Acle station which is 200 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Alder Way, Norwich, 62.2% of property is privately owned outright and 29.1% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Alder Way, Norwich, 14.0% of residents are recorded as possessing school level qualifications and 31.6% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Alder Way, Norwich, the average age was 46.9 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Alder Way, Norwich, 1.7% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Alder Way, Norwich, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
