53, Lord Nelson Drive
53, Lord Nelson Drive
Description & Estimates
53, Lord Nelson Drive, Norwich is recorded publicly as a modern leasehold apartment across 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 53, Lord Nelson Drive, Norwich is £154,706 and its rental estimate is £903 per month, given the available information and assuming reasonable condition.
Lord Nelson Drive, Norwich, NR5 falls within the NR5 postal district, in the borough of South Norfolk.
Our Data Sources
53, Lord Nelson Drive, Norwich has 2 entries in the Land Registry , most recently in April 2023 and a single entry in the EPC database dated December 2014.
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.
Price Range & Condition
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 53, Lord Nelson Drive, Norwich, we estimate a market value of £162,442 and a rental value of £949 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £143,877 and £840 per month respectively.
Recent Market Change
Over the last year, 53, Lord Nelson Drive, Norwich has seen its estimated sale value decrease by £1,925 (1.2%) and its estimated rental value grow by £24 per month (2.7%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
53, Lord Nelson Drive, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Dec 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 53, Lord Nelson Drive, Norwich completed on 27th April 2023 at £164,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 12.1% over the period since April 2023.
- Sold Apr 2023£164,500
- Sold May 2015£141,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 53, Lord Nelson Drive, Norwich have sold within a radius of 930 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th October 2024, was 57, Lord Nelson Drive, Norwich, NR5 0UF, a leasehold flat which sold for £160,000.
Read more about house prices in NR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 120 addresses on Lord Nelson Drive, Norwich, NR5, 53, Lord Nelson Drive, Norwich comes out as the 107th largest and the 119th most expensive in our analysis of the public data.
It is also £85k less expensive than the average property across the NR5 district.
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Schools Nearby
- 1.1kmChapel Break Infant School
- 1.2kmSt Michael's VA Junior School
- 1.4kmCostessey Primary School
- 900mOrmiston Victory Academy
- 3.9kmCity Academy Norwich
- 4.1kmHellesdon High School
More reading links
Public Transport Nearby
From 53, Lord Nelson Drive, Norwich, the nearest station is Norwich, 7.5 kilometres away.
- 7.5kmNorwich
- 10.7kmWymondham
- 13.3kmSalhouse
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
