2, Lake View Close
2, Lake View Close
Description & Estimates
2, Lake View Close, Norwich is described in the public record as a modern house with 1,851 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Lake View Close, Norwich is £676,763 and its rental estimate is £1,492 per month, given the available information and assuming reasonable condition.
Lake View Close, Tacolneston, Norwich, NR16 falls within the NR16 postal district, in the borough of South Norfolk.
Our Data Sources
2, Lake View Close, Norwich has no records in the the Land Registry and a single entry in the EPC database dated May 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Lake View Close, Norwich, we estimate a market value of £710,602 and a rental value of £1,566 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £629,390 and £1,387 per month respectively.
Recent Market Change
Over the last year, 2, Lake View Close, Norwich has seen its estimated sale value decrease by £13,831 (2.0%) and its estimated rental value grow by £40 per month (2.7%). This results in an estimated gross rental yield of 2.6%.
Energy Efficiency
2, Lake View Close, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 May 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, underfloor, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Lake View Close, Norwich have sold within a radius of 3.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st January 2017, was Lime Tree Farm Bungalow, Long Stratton Road, Norwich, NR16 1HT, a freehold house which sold for £480,000.
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
Of the 4 addresses on Lake View Close, Tacolneston, Norwich, NR16, 2, Lake View Close, Norwich comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £291k more expensive than the average property across the NR16 district.
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Schools Nearby
- 400mTacolneston Church of England Primary Academy
- 2.6kmBunwell Primary School
- 3.0kmForncett St Peter Church of England Voluntary Aided Primary School
- 5.4kmLong Stratton High School
- 7.8kmWymondham College
- 7.9kmWymondham High Academy
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Public Transport Nearby
From 2, Lake View Close, Norwich, the nearest station is Spooner Row, 5.6 kilometres away.
- 5.6kmSpooner Row
- 6.8kmWymondham
- 9.0kmAttleborough
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
