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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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Public records show 5, Press Lane, Norwich to be a period freehold house with 1,684 ft2 of internal area, sitting on a 470 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
5, Press Lane, Norwich has an estimated sale value of £486,635 and an estimated rental value of £1,708 per month, assuming reasonable condition and based on the information available.
Press Lane, Norwich, NR3 lies in the borough of Norwich, within the NR3 postal district.
5, Press Lane, Norwich has 31 entries in the Land Registry , most recently in May 2012 and a single entry in the EPC database dated March 2011.
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.
In very good condition, we estimate 5, Press Lane, Norwich would be worth £510,967, with a potential rental value of £1,793 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £452,571, with a rental value of £1,588 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 5, Press Lane, Norwich has decreased by £9,615 (2.0%) over the last year. During the same period, its estimated monthly rental value has grown by £41 (2.4%). The property's estimated gross yield is currently 4.2%.
5, Press Lane, Norwich occupies a 470 m2 plot as recorded by HM Land Registry.
Of the 15 other houses in this postcode, 13 have recorded plot sizes, and this one ranks as the 6th largest.
5, Press Lane, Norwich has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Mar 2011.
The property is connected to mains gas and has partial secondary glazing. It is heated using Boiler and radiators, mains gas.
5, Press Lane, Norwich last changed hands on 2nd May 2012, selling for £290,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 72.5% since May 2012.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of 5, Press Lane, Norwich across the last 2 years.
Most recently, 81, Aylsham Road, Norwich, NR3 2HF, a freehold house, sold at £425,000 on the 17th July 2019.
Read more about house prices in NR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 5, Press Lane, Norwich as the 4th largest and the 3rd most expensive of the 43 addresses on Press Lane, Norwich, NR3.
Against the NR3 postcode district average, it is £278k more expensive than the typical property.
Norwich station is the nearest stop to 5, Press Lane, Norwich at 2.5 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Press Lane, Norwich, 43.2% of property is privately rented and 29.6% is socially rented.
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, Press Lane, Norwich, 20.6% of residents are recorded as possessing school level qualifications and 27.0% 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, Press Lane, Norwich, the average age was 36.4 and the most common age was 32.
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, Press Lane, Norwich, 0.4% 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, Press Lane, Norwich, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
