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6, Money Road, Norwich is recorded publicly as a modern freehold house across 861 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 6, Money Road, Norwich is £284,221 and its rental estimate is £1,144 per month, given the available information and assuming reasonable condition.
Money Road, Norwich, NR6 falls within the NR6 postal district, in the borough of Broadland.
6, Money Road, Norwich has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 6, Money Road, Norwich, we estimate a market value of £298,432 and a rental value of £1,201 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £264,325 and £1,064 per month respectively.
Over the last year, 6, Money Road, Norwich has seen its estimated sale value fall by £4,966 (1.7%) and its estimated rental value move up by £33 per month (2.9%). This results in an estimated gross rental yield of 4.8%.
6, Money Road, Norwich has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 17 Jan 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 6, Money Road, Norwich completed on 21st December 2021 at £270,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 1.6% over the period since December 2021.
Over the past 2 years 3 properties similar to 6, Money Road, Norwich have sold within a radius of 830 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st October 2024, was 3, Bailey Close, Norwich, NR6 7FE, a freehold house which sold for £275,000.
Read more about house prices in NR6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 45 addresses on Money Road, Norwich, NR6, 6, Money Road, Norwich comes out as the 32nd largest and the 31st most expensive in our analysis of the public data.
It is also £6k more expensive than the average property across the NR6 district.
From 6, Money Road, Norwich, the nearest station is Norwich, 5.0 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Money Road, Norwich, 60.7% of property is privately owned outright and 31.5% 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 6, Money Road, Norwich, 12.6% of residents are recorded as possessing school level qualifications and 30.7% 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 6, Money Road, Norwich, the average age was 44.8 and the most common age was 52.
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 6, Money 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 6, Money Road, Norwich, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.