39, Margetson Avenue
39, Margetson Avenue
Description & Estimates
39, Margetson Avenue, Norwich appears in the public record as a freehold house sitting on a 473 m2 plot.
By comparing it to nearby properties, we estimate it to be an early-century house with 1,164 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 39, Margetson Avenue, Norwich is £415,047 and its rental estimate is £1,501 per month, given the available information and assuming reasonable condition.
Margetson Avenue, Norwich, NR7 falls within the NR7 postal district, in the borough of Broadland.
Our Data Sources
39, Margetson Avenue, Norwich has 41 entries in the Land Registry , most recently in July 2008 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 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 39, Margetson Avenue, Norwich, we estimate a market value of £435,800 and a rental value of £1,576 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £385,994 and £1,396 per month respectively.
Recent Market Change
Over the last year, 39, Margetson Avenue, Norwich has seen its estimated sale value drop by £6,555 (1.6%) and its estimated rental value rise by £36 per month (2.4%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 39, Margetson Avenue, Norwich as measuring 473 m2.
That makes it the 17th largest plot in the postcode, where 28 of the 32 other houses have recorded plot data.
Sold Prices
The most recent sale of 39, Margetson Avenue, Norwich completed on 28th July 2008 at £263,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 46.6% over the period since July 2008.
- Sold Jul 2008£263,000
- Sold May 2004£167,000
- Sold May 2003£145,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 39, Margetson Avenue, Norwich have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th August 2024, was 8, Margetson Avenue, Norwich, NR7 0DG, a freehold house which sold for £425,000.
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
Of the 32 addresses on Margetson Avenue, Norwich, NR7, 39, Margetson Avenue, Norwich comes out as the 18th largest and the 17th most expensive in our analysis of the public data.
It is also £128k more expensive than the average property across the NR7 district.
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Schools Nearby
- 600mSt William's Primary School
- 600mHeartsease Primary Academy
- 900mLionwood Junior School
- 1.0kmThe Open Academy
- 1.8kmThorpe St Andrew School and Sixth Form
- 1.8kmSprowston Community Academy
More reading links
Public Transport Nearby
From 39, Margetson Avenue, Norwich, the nearest station is Norwich, 1.8 kilometres away.
- 1.8kmNorwich
- 6.1kmSalhouse
- 6.2kmBrundall Gardens
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
