2, Icarus Rise
2, Icarus Rise
Description & Estimates
According to the public record, 2, Icarus Rise, Norwich is a modern freehold house with 861 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, Icarus Rise, Norwich is £273,211 and the estimated rental value is £1,302 per month.
Icarus Rise, Norwich, NR5 is located in the borough of South Norfolk within the NR5 postal district.
Our Data Sources
2, Icarus Rise, Norwich has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated November 2023.
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.
Price Range & Condition
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, Icarus Rise, Norwich is in very good condition we estimate a sale value of £286,872 and a rental value of £1,367 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,087 and a rental value of £1,211 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Icarus Rise, Norwich has declined by £2,042 (0.7%), while its estimated rental value has climbed by £42 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 5.7%.
Energy Efficiency
2, Icarus Rise, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Icarus Rise, Norwich was last sold on 18th December 2023 for £292,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2023, the market for similar properties has dropped by 12.9%.
- Sold Dec 2023£292,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Icarus Rise, Norwich within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 13, Icarus Rise, Norwich, NR5 0WQ, a freehold house which sold for £304,000 on the 23rd February 2024.
Read more about house prices in NR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Icarus Rise, Norwich, NR5 has a total of 28 addresses. According to our analysis of all the public data, 2, Icarus Rise, Norwich is the 20th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £34k more expensive than the average property in NR5.
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Schools Nearby
- 1.3kmChapel Break Infant School
- 1.5kmSt Michael's VA Junior School
- 1.5kmThe Bawburgh School
- 1.3kmOrmiston Victory Academy
- 4.1kmCity Academy Norwich
- 4.5kmHellesdon High School
More reading links
Public Transport Nearby
The closest station to 2, Icarus Rise, Norwich is Norwich station, which is 7.9 kilometres away.
- 7.9kmNorwich
- 10.4kmWymondham
- 13.7kmSalhouse
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
