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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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According to the public record, 5, Babylon Drive, Norwich is a modern freehold house with 861 ft2 of internal area and sits on a 186 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Babylon Drive, Norwich is £268,805 and the estimated rental value is £1,253 per month.
Babylon Drive, Norwich, NR5 is located in the borough of South Norfolk within the NR5 postal district.
5, Babylon Drive, Norwich has a single entry in the Land Registry from February 2021 and a single entry in the EPC database dated February 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 5, Babylon Drive, Norwich is in very good condition we estimate a sale value of £282,245 and a rental value of £1,315 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,989 and a rental value of £1,165 per month.
Over the last 12 months the sale value of 5 Babylon Drive Norwich has decreased by an estimated £3,992 (1.5%) and its rental value has increased by an estimated £29 per month (2.3%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 5, Babylon Drive, Norwich sits on a plot of 186m2.
We have plot size data on 8 out of 15 other houses in the postcode and 5, Babylon Drive, Norwich sits on the 6th largest plot.
5, Babylon Drive, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Feb 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Babylon Drive, Norwich was last sold on 26th February 2021 for £262,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2021, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Babylon Drive, Norwich within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 15, Babylon Drive, Norwich, NR5 0WL, a freehold house which sold for £264,732 on the 16th April 2021.
Read more about house prices in NR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Babylon Drive, Norwich, NR5 has a total of 15 addresses. According to our analysis of all the public data, 5, Babylon Drive, Norwich is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in NR5.
The closest station to 5, Babylon Drive, Norwich is Norwich station which is 8.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Babylon Drive, Norwich, % of property is and % is .
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 5, Babylon Drive, Norwich, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 5, Babylon Drive, Norwich, 0.0% 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 5, Babylon Drive, Norwich, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
