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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, Birch Close, Norwich is a modern freehold house with 2,551 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Birch Close, Norwich is £904,330 and the estimated rental value is £2,047 per month.
Birch Close, Horstead, Norwich, NR12 is located in the borough of Broadland within the NR12 postal district.
2, Birch Close, Norwich has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated June 2023.
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.
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, Birch Close, Norwich is in very good condition we estimate a sale value of £949,546 and a rental value of £2,150 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £841,027 and a rental value of £1,904 per month.
Over the last 12 months the sale value of 2 Birch Close Norwich has decreased by an estimated £21,396 (2.4%) and its rental value has increased by an estimated £32 per month (1.6%), giving an expected gross yield of 2.7%.
2, Birch Close, Norwich has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 06 Jun 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 2, Birch Close, Norwich was last sold on 30th June 2023 for £950,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has dropped 16.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Birch Close, Norwich within a radius of 3.6 kilometres over the last 2 years.
The most recent example is 1, Gt. Hautbois Road, Norwich, NR12 7JN, a freehold house which sold for £850,000 on the 13th August 2024.
Read more about house prices in NR12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Birch Close, Horstead, Norwich, NR12 has a total of 4 addresses. According to our analysis of all the public data, 2, Birch Close, Norwich is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £556k more expensive than the average property in NR12.
The closest station to 2, Birch Close, Norwich is Hoveton & Wroxham station which is 4.4 kilometres 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, Birch Close, Norwich, 57.4% of property is privately owned outright and 27.1% 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, Birch Close, Norwich, 10.9% of residents are recorded as possessing school level qualifications and 24.7% 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, Birch Close, Norwich, the average age was 46.3 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, Birch Close, 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, Birch Close, Norwich, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
