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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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According to the public record, 5, The Paddock, Norwich is a period freehold house with 1,399 ft2 of internal area.
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, The Paddock, Norwich is £417,219 and the estimated rental value is £1,251 per month.
The Paddock, Trowse, Norwich, NR14 is located in the borough of South Norfolk within the NR14 postal district.
5, The Paddock, Norwich has 31 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated January 2024.
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.
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, The Paddock, Norwich is in very good condition we estimate a sale value of £438,080 and a rental value of £1,314 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £388,014 and a rental value of £1,163 per month.
Over the last 12 months the sale value of 5 The Paddock Norwich has increased by an estimated £706 (0.2%) and its rental value has increased by an estimated £48 per month (3.8%), giving an expected gross yield of 3.6%.
5, The Paddock, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Boiler and underfloor heating, mains gas.
According to HM Land Registry, 5, The Paddock, Norwich was last sold on 23rd August 2024 for £475,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2024, the market for similar properties has dropped 12.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, The Paddock, Norwich within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 2 White Horse Mews, White Horse Lane, Norwich, NR14 8TG, a freehold house which sold for £390,000 on the 28th May 2024.
Read more about house prices in NR14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Paddock, Trowse, Norwich, NR14 has a total of 5 addresses. According to our analysis of all the public data, 5, The Paddock, Norwich is the largest and the most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in NR14.
The closest station to 5, The Paddock, Norwich is Norwich station which is 2.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, The Paddock, Norwich, 37.1% of property is privately owned with a mortgage and 36.1% is privately owned outright.
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, The Paddock, Norwich, 18.4% of residents are recorded as possessing school level qualifications and 57.8% 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, The Paddock, 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, The Paddock, Norwich, 1.7% 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, The Paddock, Norwich, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
