4, Drake Close
4, Drake Close
Description & Estimates
Public records show 4, Drake Close, Norwich to be a modern freehold house with 1,453 ft2 of internal area, sitting on a 539 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
4, Drake Close, Norwich has an estimated sale value of £473,302 and an estimated rental value of £1,342 per month, assuming reasonable condition and based on the information available.
Drake Close, Stalham, Norwich, NR12 lies in the borough of North Norfolk, within the NR12 postal district.
Our Data Sources
4, Drake Close, Norwich has a single entry in the Land Registry from October 2016 and a single entry in the EPC database dated March 2015.
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.
Price Range & Condition
In very good condition, we estimate 4, Drake Close, Norwich would be worth £496,967, with a potential rental value of £1,410 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £440,171, with a rental value of £1,248 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 4, Drake Close, Norwich has decreased by £5,695 (1.2%) over the last year. During the same period, its estimated monthly rental value has grown by £29 (2.2%). The property's estimated gross yield is currently 3.4%.
Plot Size
4, Drake Close, Norwich occupies a 539 m2 plot as recorded by HM Land Registry.
All 5 other houses in this postcode have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
4, Drake Close, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Mar 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, oil.
Sold Prices
4, Drake Close, Norwich last changed hands on 14th October 2016, selling for £325,000. 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 46.2% since October 2016.
- Sold Oct 2016£325,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.4 kilometres of 4, Drake Close, Norwich across the last 2 years.
Most recently, Welholme Barn, Yarmouth Road, Norwich, NR12 9QF, a freehold house, sold at £525,000 on the 16th December 2024.
Read more about house prices in NR12.
•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 4, Drake Close, Norwich as the 3rd largest and the 3rd most expensive of the 5 addresses on Drake Close, Stalham, Norwich, NR12.
Against the NR12 postcode district average, it is £125k more expensive than the typical property.
More reading links
Schools Nearby
- 400mStalham Academy
- 600mSutton Church of England Infant Acdemy
- 1.0kmStalham Infant School and Nursery
- 1.0kmStalham High School
- 9.4kmBroadland High Ormiston Academy
- 9.6kmFlegg High Ormiston Academy
More reading links
Public Transport Nearby
Worstead station is the nearest stop to 4, Drake Close, Norwich at 8.5 kilometres away.
- 8.5kmWorstead
- 9.9kmHoveton & Wroxham
- 11.3kmNorth Walsham
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
