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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, Thunder Lane, Norwich is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,960 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 56, Thunder Lane, Norwich is £1,280,803 and the estimated rental value is £4,616 per month.
Thunder Lane, Norwich, NR7 is located in the borough of Broadland within the NR7 postal district.
56, Thunder Lane, Norwich has a single entry in the Land Registry from October 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 1 out of 5 and is considered of low 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, Thunder Lane, Norwich is in very good condition we estimate a sale value of £1,344,844 and a rental value of £4,847 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,191,147 and a rental value of £4,293 per month.
Over the last 12 months the sale value of 56 Thunder Lane Norwich has decreased by an estimated £32,300 (2.5%) and its rental value has increased by an estimated £64 per month (1.4%), giving an expected gross yield of 4.3%.
According to HM Land Registry, 56, Thunder Lane, Norwich was last sold on 1st October 2008 for £795,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2008, the market for similar properties has risen 31.0%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 56, Thunder Lane, Norwich within a radius of 750 metres over the last 2 years.
The most recent example is 6, Lodge Place, Norwich, NR7 0LA, a freehold house which sold for £800,000 on the 31st July 2017.
Read more about house prices in NR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thunder Lane, Norwich, NR7 has a total of 208 addresses. According to our analysis of all the public data, 56, Thunder Lane, Norwich is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £994k more expensive than the average property in NR7.
The closest station to 56, Thunder Lane, Norwich is Norwich station which is 2.6 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 56, Thunder Lane, Norwich, 60.3% of property is privately owned outright and 38.8% is privately owned with a mortgage.
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, Thunder Lane, Norwich, 16.1% of residents are recorded as possessing school level qualifications and 44.8% 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 56, Thunder Lane, Norwich, the average age was 42.8 and the most common age was 47.
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, Thunder Lane, 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 56, Thunder Lane, Norwich, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
