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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, Mereside, Norwich is described in the public record as a mid-century house with 2,195 ft2 of internal area, sitting on a 1,283 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 5, Mereside, Norwich is £571,609 and its rental estimate is £1,221 per month, given the available information and assuming reasonable condition.
Mereside, Brooke, Norwich, NR15 falls within the NR15 postal district, in the borough of South Norfolk.
5, Mereside, Norwich has no records in the the Land Registry and a single entry in the EPC database dated August 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Mereside, Norwich, we estimate a market value of £600,189 and a rental value of £1,282 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £531,596 and £1,136 per month respectively.
Over the last year, 5, Mereside, Norwich has seen its estimated sale value decline by £8,688 (1.5%) and its estimated rental value climb by £35 per month (2.9%). This results in an estimated gross rental yield of 2.6%.
HM Land Registry records the plot of land for 5, Mereside, Norwich as measuring 1,283 m2.
That makes it the largest plot in the postcode, where 4 of the 6 other houses have recorded plot data.
5, Mereside, Norwich has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Aug 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Over the past 2 years 3 properties similar to 5, Mereside, Norwich have sold within a radius of 3.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th September 2024, was 24, Norwich Road, Norwich, NR15 1AB, a freehold house which sold for £515,000.
Read more about house prices in NR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 6 addresses on Mereside, Brooke, Norwich, NR15, 5, Mereside, Norwich comes out as the largest and the most expensive in our analysis of the public data.
It is also £217k more expensive than the average property across the NR15 district.
From 5, Mereside, Norwich, the nearest station is Buckenham, 8.9 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, Mereside, Norwich, 56.2% of property is privately owned outright and 35.0% 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, Mereside, Norwich, 12.9% of residents are recorded as possessing school level qualifications and 43.0% 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, Mereside, Norwich, the average age was 44.9 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, Mereside, Norwich, 1.2% 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, Mereside, Norwich, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
