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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Oak Close, Norwich is a modern freehold house with 742 ft2 of internal area and sits on a 279 m2 plot.
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, Oak Close, Norwich is £241,184 and the estimated rental value is £999 per month.
Oak Close, Tasburgh, Norwich, NR15 is located in the borough of South Norfolk within the NR15 postal district.
2, Oak Close, Norwich has 31 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated July 2022.
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.
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, Oak Close, Norwich is in very good condition we estimate a sale value of £253,243 and a rental value of £1,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,301 and a rental value of £929 per month.
Over the last 12 months the sale value of 2 Oak Close Norwich has decreased by an estimated £4,880 (2.0%) and its rental value has increased by an estimated £22 per month (2.2%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 2, Oak Close, Norwich sits on a plot of 279m2.
We have plot size data on 8 out of 10 other houses in the postcode and 2, Oak Close, Norwich sits on the 5th largest plot.
2, Oak Close, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
According to HM Land Registry, 2, Oak Close, Norwich was last sold on 21st December 2020 for £205,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since December 2020, the market for similar properties has risen 15.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Oak Close, Norwich within a radius of 2.9 kilometres over the last 2 years.
The most recent example is 19, Chestnut Road, Norwich, NR15 1UH, a freehold house which sold for £253,000 on the 3rd July 2023.
Read more about house prices in NR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Close, Tasburgh, Norwich, NR15 has a total of 10 addresses. According to our analysis of all the public data, 2, Oak Close, Norwich is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in NR15.
The closest station to 2, Oak Close, Norwich is Wymondham station which is 10.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Oak Close, Norwich, 37.2% of property is privately owned with a mortgage and 33.9% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Oak Close, Norwich, 13.9% of residents are recorded as possessing school level qualifications and 23.4% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Oak Close, Norwich, the average age was 44.9 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Oak Close, Norwich, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Oak Close, Norwich, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
