5, Drake Close
5, Drake Close
Description & Estimates
According to the public record, 5, Drake Close, Norwich is a modern freehold house with 1,377 ft2 of internal area and sits on a 467 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Drake Close, Norwich is £460,381 and the estimated rental value is £1,322 per month.
Drake Close, Stalham, Norwich, NR12 is located in the borough of North Norfolk within the NR12 postal district.
Our Data Sources
5, Drake Close, Norwich has 2 entries in the Land Registry , most recently in January 2022 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
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, Drake Close, Norwich is in very good condition we estimate a sale value of £483,400 and a rental value of £1,388 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £428,154 and a rental value of £1,229 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Drake Close, Norwich has decreased by £5,540 (1.2%), while its estimated rental value has grown by £29 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 3.4%.
Plot Size
According to data from HM Land Registry, 5, Drake Close, Norwich sits on a plot of 467 m2.
We have plot size data on 5 out of 5 other houses in the postcode and 5, Drake Close, Norwich sits on the 5th largest plot.
Energy Efficiency
5, 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
According to HM Land Registry, 5, Drake Close, Norwich was last sold on 11th January 2022 for £465,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2022, the market for similar properties has risen by 11.5%.
- Sold Jan 2022£465,000
- Sold Apr 2015£310,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Drake Close, Norwich within a radius of 1.4 kilometres over the last 2 years.
The most recent example is Welholme Barn, Yarmouth Road, Norwich, NR12 9QF, a freehold house which sold for £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
Drake Close, Stalham, Norwich, NR12 has a total of 5 addresses. According to our analysis of all the public data, 5, Drake Close, Norwich is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £112k more expensive than the average property in NR12.
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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
The closest station to 5, Drake Close, Norwich is Worstead station, which is 8.5 kilometres away.
- 8.5kmWorstead
- 9.9kmHoveton & Wroxham
- 11.3kmNorth Walsham
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
