2, George Close
2, George Close
Description & Estimates
Public records show 2, George Close, Norwich to be a modern freehold house with 1,388 ft2 of internal area, sitting on a 758 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, George Close, Norwich has an estimated sale value of £465,974 and an estimated rental value of £1,361 per month, assuming reasonable condition and based on the information available.
George Close, Bunwell, Norwich, NR16 lies in the borough of South Norfolk, within the NR16 postal district.
Our Data Sources
2, George Close, Norwich has a single entry in the Land Registry from February 2023 and a single entry in the EPC database dated January 2023.
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.
Price Range & Condition
In very good condition, we estimate 2, George Close, Norwich would be worth £489,273, with a potential rental value of £1,429 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £433,356, with a rental value of £1,266 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 2, George Close, Norwich has dropped by £9,523 (2.0%) over the last year. During the same period, its estimated monthly rental value has risen by £37 (2.7%). The property's estimated gross yield is currently 3.5%.
Plot Size
2, George Close, Norwich occupies a 758 m2 plot as recorded by HM Land Registry.
All 8 other houses in this postcode have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
2, George Close, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Jan 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
2, George Close, Norwich last changed hands on 3rd February 2023, selling for £500,000. 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 12.5% since February 2023.
- Sold Feb 2023£500,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.3 kilometres of 2, George Close, Norwich across the last 2 years.
Most recently, 1, George Close, Norwich, NR16 1FJ, a freehold house, sold at £515,000 on the 26th May 2023.
Read more about house prices in NR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, George Close, Norwich as the 2nd largest and the 2nd most expensive of the 8 addresses on George Close, Bunwell, Norwich, NR16.
Against the NR16 postcode district average, it is £80k more expensive than the typical property.
More reading links
Schools Nearby
- 400mBunwell Primary School
- 1.5kmCarleton Rode Church of England Voluntary Aided Primary School
- 2.6kmTacolneston Church of England Primary Academy
- 6.2kmOld Buckenham High School
- 6.5kmLong Stratton High School
- 7.8kmWymondham College
More reading links
Public Transport Nearby
Spooner Row station is the nearest stop to 2, George Close, Norwich at 5.7 kilometres away.
- 5.7kmSpooner Row
- 7.9kmAttleborough
- 8.1kmWymondham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
