5, Chestnut Drive
5, Chestnut Drive
Description & Estimates
Public records show 5, Chestnut Drive, Norwich to be a modern freehold house with 2,012 ft2 of internal area, sitting on a 537 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
5, Chestnut Drive, Norwich has an estimated sale value of £546,782 and an estimated rental value of £1,861 per month, assuming reasonable condition and based on the information available.
Chestnut Drive, Loddon, Norwich, NR14 lies in the borough of South Norfolk, within the NR14 postal district.
Our Data Sources
5, Chestnut Drive, Norwich has a single entry in the Land Registry from April 2022 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 5, Chestnut Drive, Norwich would be worth £574,121, with a potential rental value of £1,955 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £508,507, with a rental value of £1,731 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 5, Chestnut Drive, Norwich has fallen by £5,359 (1.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £54 (2.9%). The property's estimated gross yield is currently 4.1%.
Plot Size
5, Chestnut Drive, Norwich occupies a 537 m2 plot as recorded by HM Land Registry.
Of the 26 other houses in this postcode, 20 have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
5, Chestnut Drive, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
Sold Prices
5, Chestnut Drive, Norwich last changed hands on 7th April 2022, selling for £565,000. 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 3.1% since April 2022.
- Sold Apr 2022£565,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.3 kilometres of 5, Chestnut Drive, Norwich across the last 2 years.
Most recently, 4, Chestnut Drive, Norwich, NR14 6GF, a freehold house, sold at £675,000 on the 18th September 2023.
Read more about house prices in NR14.
•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 5, Chestnut Drive, Norwich as the 8th largest and the 9th most expensive of the 26 addresses on Chestnut Drive, Loddon, Norwich, NR14.
Against the NR14 postcode district average, it is £189k more expensive than the typical property.
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Schools Nearby
- 400mLoddon Junior School
- 400mLoddon Infant and Nursery School
- 3.5kmThurton Primary School
- 700mHobart High School
- 10.3kmFramingham Earl High School
- 10.3kmBungay High School
More reading links
Public Transport Nearby
Cantley station is the nearest stop to 5, Chestnut Drive, Norwich at 5.4 kilometres away.
- 5.4kmCantley
- 6.7kmReedham (Norfolk)
- 6.8kmBuckenham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
