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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, Smockmill Close, Norwich is a modern leasehold house with 861 ft2 of internal area.
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, Smockmill Close, Norwich is £123,599 and the estimated rental value is £602 per month.
Smockmill Close, Bunwell, Norwich, NR16 is located in the borough of South Norfolk within the NR16 postal district.
2, Smockmill Close, Norwich has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated August 2021.
We combine this information with that 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.
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, Smockmill Close, Norwich is in very good condition we estimate a sale value of £129,779 and a rental value of £632 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,947 and a rental value of £560 per month.
Over the last 12 months the sale value of 2 Smockmill Close Norwich has decreased by an estimated £2,348 (1.9%) and its rental value has increased by an estimated £18 per month (3.0%), giving an expected gross yield of 5.8%.
2, Smockmill Close, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Aug 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Systems with radiators, electric.
According to HM Land Registry, 2, Smockmill Close, Norwich was last sold on 27th September 2021 for £120,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has risen 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 4.4 kilometres radius of 2, Smockmill Close, Norwich over the last 2 years.
The most recent example is 1, Smockmill Close, Norwich, NR16 1FL, a leasehold house which sold for £137,500 on the 23rd September 2021.
Read more about house prices in NR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smockmill Close, Bunwell, Norwich, NR16 has a total of 8 addresses. According to our analysis of all the public data, 2, Smockmill Close, Norwich is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £263k less expensive than the average property in NR16.
The closest station to 2, Smockmill Close, Norwich is Spooner Row station which is 4.5 kilometres away.
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, Smockmill Close, Norwich, 32.0% of property is privately owned with a mortgage and 28.0% is socially rented.
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, Smockmill Close, Norwich, 19.9% of residents are recorded as possessing school level qualifications and 25.5% 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, Smockmill Close, Norwich, the average age was 44.5 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, Smockmill 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, Smockmill Close, Norwich, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
