2, New Mills Yard
2, New Mills Yard
Description & Estimates
Public records show 2, New Mills Yard, Norwich to be a modern freehold house with 1,668 ft2 of internal area, sitting on a 175 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, New Mills Yard, Norwich has an estimated sale value of £487,851 and an estimated rental value of £1,712 per month, assuming reasonable condition and based on the information available.
New Mills Yard, Norwich, NR3 lies in the borough of Norwich, within the NR3 postal district.
Our Data Sources
2, New Mills Yard, Norwich has a single entry in the Land Registry from September 2010 and a single entry in the EPC database dated June 2020.
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.
Price Range & Condition
In very good condition, we estimate 2, New Mills Yard, Norwich would be worth £512,243, with a potential rental value of £1,798 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £453,701, with a rental value of £1,592 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, New Mills Yard, Norwich has moved down by £9,639 (2.0%) over the last year. During the same period, its estimated monthly rental value has increased by £41 (2.4%). The property's estimated gross yield is currently 4.2%.
Plot Size
2, New Mills Yard, Norwich occupies a 175 m2 plot as recorded by HM Land Registry.
Of the 12 other houses in this postcode, 4 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
2, New Mills Yard, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, New Mills Yard, Norwich last changed hands on 24th September 2010, selling for £290,000. 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 risen by 6.4% since September 2010.
- Sold Sep 2010£290,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of 2, New Mills Yard, Norwich across the last 2 years.
Most recently, 18, The Moorings, Norwich, NR3 3AX, a freehold house, sold at £500,000 on the 8th December 2023.
Read more about house prices in NR3.
•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, New Mills Yard, Norwich as the 7th largest and the 7th most expensive of the 19 addresses on New Mills Yard, Norwich, NR3.
Against the NR3 postcode district average, it is £279k more expensive than the typical property.
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Schools Nearby
- 800mMagdalen Gates Primary School
- 1.0kmAngel Road Junior School
- 1.0kmBignold Primary School and Nursery
- 300mJane Austen College
- 1.3kmNotre Dame High School, Norwich
- 1.6kmSewell Park Academy
More reading links
Public Transport Nearby
Norwich station is the nearest stop to 2, New Mills Yard, Norwich at 1.4 kilometres away.
- 1.4kmNorwich
- 8.3kmSalhouse
- 8.8kmBrundall Gardens
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
