3, Oaktree Drive
3, Oaktree Drive
Description & Estimates
Public records show 3, Oaktree Drive, Norwich to be a mid-century freehold house with 1,792 ft2 of internal area, sitting on a 984 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
3, Oaktree Drive, Norwich has an estimated sale value of £536,748 and an estimated rental value of £1,935 per month, assuming reasonable condition and based on the information available.
Oaktree Drive, Norwich, NR7 lies in the borough of Broadland, within the NR7 postal district.
Our Data Sources
3, Oaktree Drive, Norwich has 21 entries in the Land Registry , most recently in January 2012 and a single entry in the EPC database dated September 2011.
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.
Price Range & Condition
In very good condition, we estimate 3, Oaktree Drive, Norwich would be worth £563,586, with a potential rental value of £2,031 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £499,176, with a rental value of £1,799 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, Oaktree Drive, Norwich has moved down by £13,536 (2.5%) over the last year. During the same period, its estimated monthly rental value has increased by £27 (1.4%). The property's estimated gross yield is currently 4.3%.
Plot Size
3, Oaktree Drive, Norwich occupies a 984 m2 plot as recorded by HM Land Registry.
Of the 4 other houses in this postcode, 3 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
3, Oaktree Drive, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Sep 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Oaktree Drive, Norwich last changed hands on 17th January 2012, selling for £344,000. 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 66.9% since January 2012.
- Sold Jan 2012£344,000
- Sold Jun 2004£325,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 840 metres of 3, Oaktree Drive, Norwich across the last 2 years.
Most recently, 15B, Fairstead Road, Norwich, NR7 8XG, a freehold house, sold at £480,000 on the 9th December 2019.
Read more about house prices in NR7.
•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, Oaktree Drive, Norwich as the 2nd largest and the 2nd most expensive of the 4 addresses on Oaktree Drive, Norwich, NR7.
Against the NR7 postcode district average, it is £250k more expensive than the typical property.
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Schools Nearby
- 700mFalcon Junior School
- 700mCecil Gowing Infant School
- 900mHeartsease Primary Academy
- 500mThe Open Academy
- 500mSprowston Community Academy
- 1.5kmSewell Park Academy
More reading links
Public Transport Nearby
Norwich station is the nearest stop to 3, Oaktree Drive, Norwich at 2.4 kilometres away.
- 2.4kmNorwich
- 5.7kmSalhouse
- 7.2kmBrundall Gardens
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
