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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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Public records show 2, Chestnut Drive, Norwich to be a modern freehold house with 1,539 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, Chestnut Drive, Norwich has an estimated sale value of £467,907 and an estimated rental value of £1,591 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.
2, Chestnut Drive, Norwich has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated December 2021.
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.
In very good condition, we estimate 2, Chestnut Drive, Norwich would be worth £491,302, with a potential rental value of £1,671 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £435,153, with a rental value of £1,480 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 2, Chestnut Drive, Norwich has increased by £792 (0.2%) over the last year. During the same period, its estimated monthly rental value has grown by £61 (3.8%). The property's estimated gross yield is currently 4.1%.
2, Chestnut Drive, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Dec 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
2, Chestnut Drive, Norwich last changed hands on 7th January 2022, selling for £460,000. 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 dropped by 3.7% since January 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.3 kilometres of 2, Chestnut Drive, Norwich across the last 2 years.
Most recently, 8, Chestnut Drive, Norwich, NR14 6GF, a freehold house, sold at £460,000 on the 31st March 2022.
Read more about house prices in NR14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 2, Chestnut Drive, Norwich as the 14th largest and the 16th most expensive of the 26 addresses on Chestnut Drive, Loddon, Norwich, NR14.
Against the NR14 postcode district average, it is £111k more expensive than the typical property.
Cantley station is the nearest stop to 2, Chestnut Drive, Norwich at 5.4 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Chestnut Drive, Norwich, % of property is and % is .
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, Chestnut Drive, Norwich, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Chestnut Drive, Norwich, 0.0% 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, Chestnut Drive, Norwich, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
