39, Three Mile Lane
39, Three Mile Lane
Description & Estimates
39, Three Mile Lane, Norwich is recorded publicly as a modern leasehold house across 581 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 39, Three Mile Lane, Norwich is £204,443 and its rental estimate is £1,024 per month, given the available information and assuming reasonable condition.
Three Mile Lane, Norwich, NR5 falls within the NR5 postal district, in the borough of South Norfolk.
Our Data Sources
39, Three Mile Lane, Norwich has a single entry in the Land Registry from October 2012 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Three Mile Lane, Norwich, we estimate a market value of £214,666 and a rental value of £1,075 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £190,132 and £952 per month respectively.
Recent Market Change
Over the last year, 39, Three Mile Lane, Norwich has seen its estimated sale value drop by £1,290 (0.6%) and its estimated rental value rise by £34 per month (3.3%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
39, Three Mile Lane, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 39, Three Mile Lane, Norwich completed on 8th October 2012 at £72,450 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 55.8% over the period since October 2012.
- Sold Oct 2012£72,450
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 39, Three Mile Lane, Norwich have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2023, was 41, Three Mile Lane, Norwich, NR5 0RR, a leasehold house which sold for £120,000.
Read more about house prices in NR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 41 addresses on Three Mile Lane, Norwich, NR5, 39, Three Mile Lane, Norwich comes out as the 39th largest and the 36th most expensive in our analysis of the public data.
It is also £35k less expensive than the average property across the NR5 district.
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Schools Nearby
- 100mCostessey Primary School
- 600mSt Michael's VA Junior School
- 700mChapel Break Infant School
- 700mOrmiston Victory Academy
- 2.8kmCity Academy Norwich
- 3.0kmHellesdon High School
More reading links
Public Transport Nearby
From 39, Three Mile Lane, Norwich, the nearest station is Norwich, 6.3 kilometres away.
- 6.3kmNorwich
- 11.3kmWymondham
- 12.1kmSalhouse
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.
