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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 505, Sprowston Road, Norwich to be a mid-century leasehold apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
505, Sprowston Road, Norwich has an estimated sale value of £145,032 and an estimated rental value of £776 per month, assuming reasonable condition and based on the information available.
Sprowston Road, Norwich, NR3 lies in the borough of Norwich, within the NR3 postal district.
505, Sprowston Road, Norwich has 41 entries in the Land Registry , most recently in October 2017 and a single entry in the EPC database dated September 2020.
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.
In very good condition, we estimate 505, Sprowston Road, Norwich would be worth £152,284, with a potential rental value of £815 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £134,880, with a rental value of £722 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 505, Sprowston Road, Norwich has moved down by £213 (0.1%) over the last year. During the same period, its estimated monthly rental value has increased by £27 (3.5%). The property's estimated gross yield is currently 6.4%.
505, Sprowston Road, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
505, Sprowston Road, Norwich last changed hands on 31st October 2017, selling for £119,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 11.0% since October 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of 505, Sprowston Road, Norwich across the last 2 years.
Most recently, 509, Sprowston Road, Norwich, NR3 4EU, a leasehold flat, sold at £170,000 on the 4th November 2024.
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 505, Sprowston Road, Norwich as the 304th largest and the 288th most expensive of the 337 addresses on Sprowston Road, Norwich, NR3.
Against the NR3 postcode district average, it is £63k less expensive than the typical property.
Norwich station is the nearest stop to 505, Sprowston Road, Norwich at 2.6 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 505, Sprowston Road, Norwich, 35.0% of property is privately rented and 29.9% 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 505, Sprowston Road, Norwich, 13.9% of residents are recorded as possessing school level qualifications and 20.6% 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 505, Sprowston Road, Norwich, the average age was 38 and the most common age was 37.
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 505, Sprowston Road, Norwich, 1.4% 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 505, Sprowston Road, Norwich, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
