5, George Close
5, George Close
Description & Estimates
5, George Close, Norwich is recorded publicly as a modern freehold house across 1,087 ft2 of internal area, sitting on a 448 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, George Close, Norwich is £323,170 and its rental estimate is £1,314 per month, given the available information and assuming reasonable condition.
George Close, Bunwell, Norwich, NR16 falls within the NR16 postal district, in the borough of South Norfolk.
Our Data Sources
5, George Close, Norwich has a single entry in the Land Registry from April 2022 and a single entry in the EPC database dated February 2022.
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
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 5, George Close, Norwich, we estimate a market value of £339,329 and a rental value of £1,380 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £300,548 and £1,222 per month respectively.
Recent Market Change
Over the last year, 5, George Close, Norwich has seen its estimated sale value decrease by £6,138 (1.9%) and its estimated rental value grow by £40 per month (3.0%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 5, George Close, Norwich as measuring 448 m2.
That makes it the 7th largest plot in the postcode, where all 8 other houses have recorded plot data.
Energy Efficiency
5, George Close, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Feb 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
The most recent sale of 5, George Close, Norwich completed on 1st April 2022 at £325,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 3.8% over the period since April 2022.
- Sold Apr 2022£325,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, George Close, Norwich have sold within a radius of 4.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st August 2022, was 4, George Close, Norwich, NR16 1FJ, a freehold house which sold for £339,950.
Read more about house prices in NR16.
- Sold Aug 2022£339,950 | 3 Bed House4, George Close, Norwich, NR16 1FJ4, George Close, Norwich, NR16 1FJ
- Sold Mar 2022£325,000 | 3 Bed House7, George Close, Norwich, NR16 1FJ7, George Close, Norwich, NR16 1FJ
- Sold Nov 2021£325,000 | 3 Bed House6, George Close, Norwich, NR16 1FJ6, George Close, Norwich, NR16 1FJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 8 addresses on George Close, Bunwell, Norwich, NR16, 5, George Close, Norwich comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £63k less expensive than the average property across the NR16 district.
More reading links
Schools Nearby
- 400mBunwell Primary School
- 1.5kmCarleton Rode Church of England Voluntary Aided Primary School
- 2.6kmTacolneston Church of England Primary Academy
- 6.2kmOld Buckenham High School
- 6.5kmLong Stratton High School
- 7.8kmWymondham College
More reading links
Public Transport Nearby
From 5, George Close, Norwich, the nearest station is Spooner Row, 5.7 kilometres away.
- 5.7kmSpooner Row
- 7.9kmAttleborough
- 8.1kmWymondham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
