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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
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4, Penn Close, Norwich is recorded publicly as a mid-century freehold house across 785 ft2 of internal area, sitting on a 441 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Penn Close, Norwich is £270,633 and its rental estimate is £1,125 per month, given the available information and assuming reasonable condition.
Penn Close, Taverham, Norwich, NR8 falls within the NR8 postal district, in the borough of Broadland.
4, Penn Close, Norwich has 21 entries in the Land Registry , most recently in April 2009 and a single entry in the EPC database dated September 2019.
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.
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 4, Penn Close, Norwich, we estimate a market value of £284,164 and a rental value of £1,181 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £251,688 and £1,046 per month respectively.
Over the last year, 4, Penn Close, Norwich has seen its estimated sale value fall by £5,115 (1.9%) and its estimated rental value move up by £37 per month (3.3%). This results in an estimated gross rental yield of 5.0%.
HM Land Registry records the plot of land for 4, Penn Close, Norwich as measuring 441 m2.
That makes it the 9th largest plot in the postcode, where 18 of the 19 other houses have recorded plot data.
4, Penn Close, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 4, Penn Close, Norwich completed on 24th April 2009 at £100,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 64.2% over the period since April 2009.
Over the past 2 years 3 properties similar to 4, Penn Close, Norwich have sold within a radius of 710 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th December 2024, was 8, Walters Road, Norwich, NR8 6NP, a freehold house which sold for £248,000.
Read more about house prices in NR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 19 addresses on Penn Close, Taverham, Norwich, NR8, 4, Penn Close, Norwich comes out as the 16th largest and the 16th most expensive in our analysis of the public data.
It is also £45k less expensive than the average property across the NR8 district.
From 4, Penn Close, Norwich, the nearest station is Norwich, 9.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Penn Close, Norwich, 74.4% of property is privately owned outright and 21.6% is privately owned with a mortgage.
The graph below shows how this compares to East of England 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, Penn Close, Norwich, 9.4% of residents are recorded as possessing school level qualifications and 19.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 4, Penn Close, Norwich, the average age was 44.1 and the most common age was 52.
The graph below shows how this compares to East of England 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, Penn Close, Norwich, 0.8% of property was a second home.
Comparison figures for East of England 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, Penn Close, Norwich, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
