2, Ostend Place
2, Ostend Place
Description & Estimates
2, Ostend Place, Norwich is recorded publicly as a mid-century freehold house across 742 ft2 of internal area, sitting on a 448 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Ostend Place, Norwich is £214,632 and its rental estimate is £1,052 per month, given the available information and assuming reasonable condition.
Ostend Place, Walcott, Norwich, NR12 falls within the NR12 postal district, in the borough of North Norfolk.
Our Data Sources
2, Ostend Place, Norwich has a single entry in the Land Registry from August 2016 and a single entry in the EPC database dated April 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Ostend Place, Norwich, we estimate a market value of £225,363 and a rental value of £1,105 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £199,607 and £978 per month respectively.
Recent Market Change
Over the last year, 2, Ostend Place, Norwich has seen its estimated sale value move down by £855 (0.4%) and its estimated rental value increase by £32 per month (3.0%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 2, Ostend Place, Norwich as measuring 448 m2.
That makes it the 25th largest plot in the postcode, where 31 of the 40 other houses have recorded plot data.
Energy Efficiency
2, Ostend Place, Norwich has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 09 Apr 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 2, Ostend Place, Norwich completed on 30th August 2016 at £127,500 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 risen by 53.9% over the period since August 2016.
- Sold Aug 2016£127,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Ostend Place, Norwich have sold within a radius of 4.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th March 2020, was 27, Ostend Place, Norwich, NR12 0NJ, a freehold house which sold for £152,000.
Read more about house prices in NR12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 42 addresses on Ostend Place, Walcott, Norwich, NR12, 2, Ostend Place, Norwich comes out as the 23rd largest and the 22nd most expensive in our analysis of the public data.
It is also £134k less expensive than the average property across the NR12 district.
More reading links
Schools Nearby
- 1.9kmBacton Primary School
- 2.3kmHappisburgh Church of England Primary Academy
- 4.4kmEast Ruston Infant School & Nursery
- 7.4kmStalham High School
- 8.1kmNorth Walsham High School
- 15.0kmBroadland High Ormiston Academy
More reading links
Public Transport Nearby
From 2, Ostend Place, Norwich, the nearest station is North Walsham, 8.6 kilometres away.
- 8.6kmNorth Walsham
- 9.8kmWorstead
- 11.1kmGunton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
