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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
Public records show 3, Mill Lane, Norwich to be a mid-century freehold house with 1,076 ft2 of internal area, sitting on a 282 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Mill Lane, Norwich has an estimated sale value of £255,342 and an estimated rental value of £1,025 per month, assuming reasonable condition and based on the information available.
Mill Lane, Seething, Norwich, NR15 lies in the borough of South Norfolk, within the NR15 postal district.
3, Mill Lane, Norwich has 2 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 3, Mill Lane, Norwich would be worth £268,109, with a potential rental value of £1,077 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £237,468, with a rental value of £953 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 3, Mill Lane, Norwich has dropped by £5,166 (2.0%) over the last year. During the same period, its estimated monthly rental value has risen by £22 (2.2%). The property's estimated gross yield is currently 4.8%.
3, Mill Lane, Norwich occupies a 282 m2 plot as recorded by HM Land Registry.
Of the 29 other houses in this postcode, 15 have recorded plot sizes, and this one ranks as the 15th largest.
3, Mill Lane, Norwich has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
3, Mill Lane, Norwich last changed hands on 9th March 2021, selling for £245,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 3.9% since March 2021.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.9 kilometres of 3, Mill Lane, Norwich across the last 2 years.
Most recently, 26, Mill Lane, Norwich, NR15 1DH, a freehold house, sold at £283,000 on the 22nd October 2020.
Read more about house prices in NR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 3, Mill Lane, Norwich as the 4th largest and the 17th most expensive of the 29 addresses on Mill Lane, Seething, Norwich, NR15.
Against the NR15 postcode district average, it is £99k less expensive than the typical property.
Buckenham station is the nearest stop to 3, Mill Lane, Norwich at 7.9 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Mill Lane, Norwich, 48.1% of property is privately owned outright and 26.6% is privately owned with a mortgage.
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 3, Mill Lane, Norwich, 20.2% of residents are recorded as possessing school level qualifications and 41.0% 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 3, Mill Lane, 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 3, Mill Lane, 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 3, Mill Lane, 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.
