53, Press Lane
53, Press Lane
Description & Estimates
53, Press Lane, Norwich appears in the public record as a freehold house sitting on a 287 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,222 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 53, Press Lane, Norwich is £295,756 and its rental estimate is £1,207 per month, given the available information and assuming reasonable condition.
Press Lane, Norwich, NR3 falls within the NR3 postal district, in the borough of Norwich.
Our Data Sources
53, Press Lane, Norwich has 41 entries in the Land Registry , most recently in July 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Press Lane, Norwich, we estimate a market value of £310,544 and a rental value of £1,267 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £275,053 and £1,122 per month respectively.
Recent Market Change
Over the last year, 53, Press Lane, Norwich has seen its estimated sale value drop by £5,844 (2.0%) and its estimated rental value rise by £29 per month (2.4%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 53, Press Lane, Norwich as measuring 287 m2.
That makes it the 8th largest plot in the postcode, where 13 of the 15 other houses have recorded plot data.
Sold Prices
The most recent sale of 53, Press Lane, Norwich completed on 17th July 2008 at £205,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 71.4% over the period since July 2008.
- Sold Jul 2008£205,000
- Sold Nov 2004£185,000
- Sold Mar 2002£96,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 53, Press Lane, Norwich have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th May 2023, was 20, Waterloo Park Close, Norwich, NR3 2HQ, a freehold house which sold for £270,000.
Read more about house prices in NR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 43 addresses on Press Lane, Norwich, NR3, 53, Press Lane, Norwich comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £87k more expensive than the average property across the NR3 district.
More reading links
Schools Nearby
- 600mAngel Road Infant School
- 700mAngel Road Junior School
- 1.0kmNelson Infant School
- 1.0kmSewell Park Academy
- 1.4kmJane Austen College
- 2.5kmNotre Dame High School, Norwich
More reading links
Public Transport Nearby
From 53, Press Lane, Norwich, the nearest station is Norwich, 2.5 kilometres away.
- 2.5kmNorwich
- 8.1kmSalhouse
- 9.4kmBrundall Gardens
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.
