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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, 56, Riverside Road, Norwich is a period freehold house with 957 ft2 of internal area and sits on a 75.9 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 56, Riverside Road, Norwich is £232,322 and the estimated rental value is £1,113 per month.
Riverside Road, Norwich, NR1 is located in the borough of Norwich within the NR1 postal district.
56, Riverside Road, Norwich has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated March 2023.
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.
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 56, Riverside Road, Norwich is in very good condition we estimate a sale value of £243,938 and a rental value of £1,168 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,059 and a rental value of £1,035 per month.
Over the last 12 months the sale value of 56 Riverside Road Norwich has decreased by an estimated £1,670 (0.7%) and its rental value has increased by an estimated £39 per month (3.5%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 56, Riverside Road, Norwich sits on a plot of 76m2.
We have plot size data on 25 out of 37 other houses in the postcode and 56, Riverside Road, Norwich sits on the 25th largest plot.
56, Riverside Road, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 56, Riverside Road, Norwich was last sold on 2nd June 2023 for £194,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has dropped 7.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Riverside Road, Norwich within a radius of 430 metres over the last 2 years.
The most recent example is 45, Riverside Road, Norwich, NR1 1SR, a freehold house which sold for £245,000 on the 24th March 2023.
Read more about house prices in NR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Riverside Road, Norwich, NR1 has a total of 55 addresses. According to our analysis of all the public data, 56, Riverside Road, Norwich is the 15th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in NR1.
The closest station to 56, Riverside Road, Norwich is Norwich station which is 400 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 56, Riverside Road, Norwich, 39.2% of property is privately rented and 25.7% 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 56, Riverside Road, Norwich, 12.8% of residents are recorded as possessing school level qualifications and 49.1% 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 56, Riverside Road, Norwich, the average age was 39 and the most common age was 27.
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 56, Riverside Road, Norwich, 0.5% 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 56, Riverside Road, 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.
