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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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5, Mead Close, Norwich is recorded publicly as a mid-century freehold house across 1,087 ft2 of internal area, sitting on a 359 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Mead Close, Norwich is £284,729 and its rental estimate is £1,280 per month, given the available information and assuming reasonable condition.
Mead Close, Buxton, Norwich, NR10 falls within the NR10 postal district, in the borough of Broadland.
5, Mead Close, Norwich has a single entry in the Land Registry from November 2024 and a single entry in the EPC database dated November 2023.
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.
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, Mead Close, Norwich, we estimate a market value of £298,965 and a rental value of £1,344 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £264,798 and £1,190 per month respectively.
Over the last year, 5, Mead Close, Norwich has seen its estimated sale value decline by £3,859 (1.4%) and its estimated rental value climb by £41 per month (3.2%). This results in an estimated gross rental yield of 5.4%.
HM Land Registry records the plot of land for 5, Mead Close, Norwich as measuring 359 m2.
That makes it the 14th largest plot in the postcode, where 17 of the 20 other houses have recorded plot data.
5, Mead Close, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Nov 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
The most recent sale of 5, Mead Close, Norwich completed on 8th November 2024 at £270,000 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 risen by 9.3% over the period since November 2024.
Over the past 2 years 3 properties similar to 5, Mead Close, Norwich have sold within a radius of 3.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th March 2024, was 17, Levishaw Close, Norwich, NR10 5HQ, a freehold house which sold for £260,000.
Read more about house prices in NR10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 20 addresses on Mead Close, Buxton, Norwich, NR10, 5, Mead Close, Norwich comes out as the 5th largest and the 7th most expensive in our analysis of the public data.
It is also £38k less expensive than the average property across the NR10 district.
From 5, Mead Close, Norwich, the nearest station is Worstead, 7.4 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 5, Mead Close, Norwich, 56.5% of property is privately owned outright and 28.6% 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 5, Mead Close, Norwich, 15.3% of residents are recorded as possessing school level qualifications and 30.6% 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 5, Mead Close, Norwich, the average age was 46.3 and the most common age was 57.
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, Mead Close, Norwich, 0.5% 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, Mead Close, Norwich, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
