3, Croft Lane
3, Croft Lane
Description & Estimates
The public record lists 3, Croft Lane, Norwich as a freehold house.
Comparison with its neighbours suggests a period house with 1,610 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
3, Croft Lane, Norwich has an estimated sale value of £405,787 and an estimated rental value of £1,479 per month, assuming reasonable condition and based on the information available.
Croft Lane, Marsham, Norwich, NR10 lies in the borough of Broadland, within the NR10 postal district.
Our Data Sources
3, Croft Lane, Norwich has a single entry in the Land Registry from December 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 3, Croft Lane, Norwich would be worth £426,077, with a potential rental value of £1,553 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £377,382, with a rental value of £1,375 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Croft Lane, Norwich has declined by £7,243 (1.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £33 (2.2%). The property's estimated gross yield is currently 4.4%.
Sold Prices
3, Croft Lane, Norwich last changed hands on 9th December 2016, selling for £365,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 39.3% since December 2016.
- Sold Dec 2016£365,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.8 kilometres of 3, Croft Lane, Norwich across the last 2 years.
Most recently, 31, High Street, Norwich, NR10 5AE, a freehold house, sold at £345,000 on the 28th April 2021.
Read more about house prices in NR10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Croft Lane, Norwich as the 4th largest and the 3rd most expensive of the 5 addresses on Croft Lane, Marsham, Norwich, NR10.
Against the NR10 postcode district average, it is £83k more expensive than the typical property.
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Schools Nearby
- 2.4kmJohn of Gaunt Infant and Nursery School
- 2.5kmBure Valley School
- 2.6kmHevingham Primary School
- 3.3kmAylsham High School
- 9.9kmReepham High School and College
- 10.0kmTaverham High School
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Public Transport Nearby
Worstead station is the nearest stop to 3, Croft Lane, Norwich at 10.2 kilometres away.
- 10.2kmWorstead
- 10.4kmNorth Walsham
- 11.8kmHoveton & Wroxham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
