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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
According to the public record, 4, Norcott Drive, Bembridge is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 2,224 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Norcott Drive, Bembridge is £875,041 and the estimated rental value is £2,587 per month.
Norcott Drive, Bembridge, PO35 is located within the PO35 postal district.
4, Norcott Drive, Bembridge has 31 entries in the Land Registry , most recently in May 2017 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 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 4, Norcott Drive, Bembridge is in very good condition we estimate a sale value of £918,793 and a rental value of £2,716 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £813,788 and a rental value of £2,405 per month.
Over the last 12 months the sale value of 4 Norcott Drive Bembridge has decreased by an estimated £40,516 (4.6%) and its rental value has increased by an estimated £98 per month (3.8%), giving an expected gross yield of 3.5%.
According to HM Land Registry, 4, Norcott Drive, Bembridge was last sold on 11th May 2017 for £645,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2017, the market for similar properties has risen 46.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Norcott Drive, Bembridge within a radius of 860 metres over the last 2 years.
The most recent example is San Bernardino, Swains Road, Bembridge, PO35 5XS, a freehold house which sold for £875,000 on the 1st August 2023.
Read more about house prices in PO35.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norcott Drive, Bembridge, PO35 has a total of 5 addresses. According to our analysis of all the public data, 4, Norcott Drive, Bembridge is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £396k more expensive than the average property in PO35.
The closest station to 4, Norcott Drive, Bembridge is Brading station which is 3.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 4, Norcott Drive, Bembridge, 73.8% of property is privately owned outright and 17.5% is privately owned with a mortgage.
The graph below shows how this compares to South East 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 4, Norcott Drive, Bembridge, 10.0% of residents are recorded as possessing school level qualifications and 31.5% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 4, Norcott Drive, Bembridge, the average age was 54.4 and the most common age was 72.
The graph below shows how this compares to South East 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 4, Norcott Drive, Bembridge, 2.4% of property was a second home.
Comparison figures for South East 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 4, Norcott Drive, Bembridge, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.
