3, Chestnut Drive
3, Chestnut Drive
Description & Estimates
3, Chestnut Drive, Norwich is recorded publicly as a modern freehold house across 1,539 ft2 of internal area, sitting on a 449 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Chestnut Drive, Norwich is £467,907 and its rental estimate is £1,591 per month, given the available information and assuming reasonable condition.
Chestnut Drive, Loddon, Norwich, NR14 falls within the NR14 postal district, in the borough of South Norfolk.
Our Data Sources
3, Chestnut Drive, Norwich has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 3, Chestnut Drive, Norwich, we estimate a market value of £491,302 and a rental value of £1,671 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £435,153 and £1,480 per month respectively.
Recent Market Change
Over the last year, 3, Chestnut Drive, Norwich has seen its estimated sale value grow by £792 (0.2%) and its estimated rental value climb by £61 per month (3.8%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for 3, Chestnut Drive, Norwich as measuring 449 m2.
That makes it the 15th largest plot in the postcode, where 20 of the 26 other houses have recorded plot data.
Energy Efficiency
3, Chestnut Drive, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
Sold Prices
The most recent sale of 3, Chestnut Drive, Norwich completed on 10th December 2021 at £450,000 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 2.9% over the period since December 2021.
- Sold Dec 2021£450,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Chestnut Drive, Norwich have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th February 2022, was 6, Chestnut Drive, Norwich, NR14 6GF, a freehold house which sold for £470,000.
Read more about house prices in NR14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 26 addresses on Chestnut Drive, Loddon, Norwich, NR14, 3, Chestnut Drive, Norwich comes out as the 15th largest and the 17th most expensive in our analysis of the public data.
It is also £111k more expensive than the average property across the NR14 district.
More reading links
Schools Nearby
- 400mLoddon Junior School
- 400mLoddon Infant and Nursery School
- 3.5kmThurton Primary School
- 700mHobart High School
- 10.3kmFramingham Earl High School
- 10.3kmBungay High School
More reading links
Public Transport Nearby
From 3, Chestnut Drive, Norwich, the nearest station is Cantley, 5.4 kilometres away.
- 5.4kmCantley
- 6.7kmReedham (Norfolk)
- 6.8kmBuckenham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
