2, Nichols Grove
2, Nichols Grove
Description & Estimates
2, Nichols Grove, Norwich is recorded publicly as a modern freehold house across 893 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Nichols Grove, Norwich is £273,094 and its rental estimate is £1,213 per month, given the available information and assuming reasonable condition.
Nichols Grove, Acle, Norwich, NR13 falls within the NR13 postal district, in the borough of Broadland.
Our Data Sources
2, Nichols Grove, Norwich has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated April 2022.
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
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, Nichols Grove, Norwich, we estimate a market value of £286,748 and a rental value of £1,273 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £253,977 and £1,128 per month respectively.
Recent Market Change
Over the last year, 2, Nichols Grove, Norwich has seen its estimated sale value climb by £1,521 (0.6%) and its estimated rental value rise by £33 per month (2.7%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
2, Nichols Grove, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Nichols Grove, Norwich completed on 30th June 2022 at £275,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 1.4% over the period since June 2022.
- Sold Jun 2022£275,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Nichols Grove, Norwich have sold within a radius of 2.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th September 2024, was 7, Cavell Road, Norwich, NR13 3FN, a freehold house which sold for £299,995.
Read more about house prices in NR13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 7 addresses on Nichols Grove, Acle, Norwich, NR13, 2, Nichols Grove, Norwich comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £72k less expensive than the average property across the NR13 district.
More reading links
Schools Nearby
- 1.0kmAcle Church of England Primary Academy
- 3.9kmLingwood Primary Academy
- 3.9kmFairhaven Church of England Voluntary Aided Primary School
- 400mAcle Academy
- 10.7kmFlegg High Ormiston Academy
- 12.3kmBroadland High Ormiston Academy
More reading links
Public Transport Nearby
From 2, Nichols Grove, Norwich, the nearest station is Acle, 400 metres away.
- 400mAcle
- 3.9kmLingwood
- 6.5kmBuckenham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
