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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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68, Melrose Road, Norwich is recorded publicly as a period freehold house across 764 ft2 of internal area, sitting on a 114 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 68, Melrose Road, Norwich is £213,561 and its rental estimate is £1,145 per month, given the available information and assuming reasonable condition.
Melrose Road, Norwich, NR4 falls within the NR4 postal district, in the borough of Norwich.
68, Melrose Road, Norwich has 31 entries in the Land Registry , most recently in August 2009 and a single entry in the EPC database dated September 2020.
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.
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 68, Melrose Road, Norwich, we estimate a market value of £224,239 and a rental value of £1,202 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £198,611 and £1,064 per month respectively.
Over the last year, 68, Melrose Road, Norwich has seen its estimated sale value decrease by £2,146 (1.0%) and its estimated rental value grow by £38 per month (3.3%). This results in an estimated gross rental yield of 6.4%.
HM Land Registry records the plot of land for 68, Melrose Road, Norwich as measuring 114 m2.
That makes it the 8th largest plot in the postcode, where 12 of the 13 other houses have recorded plot data.
68, Melrose Road, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 68, Melrose Road, Norwich completed on 28th August 2009 at £155,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 79.2% over the period since August 2009.
Over the past 2 years 3 properties similar to 68, Melrose Road, Norwich have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th October 2024, was 61, Melrose Road, Norwich, NR4 7PW, a freehold house which sold for £231,750.
Read more about house prices in NR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 67 addresses on Melrose Road, Norwich, NR4, 68, Melrose Road, Norwich comes out as the 42nd largest and the 62nd most expensive in our analysis of the public data.
It is also £150k less expensive than the average property across the NR4 district.
From 68, Melrose Road, Norwich, the nearest station is Norwich, 2.9 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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 68, Melrose Road, Norwich, 49.2% of property is privately owned outright and 33.3% 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 68, Melrose Road, Norwich, 24.2% of residents are recorded as possessing school level qualifications and 61.2% 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 68, Melrose Road, Norwich, the average age was 45.6 and the most common age was 22.
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 68, Melrose Road, Norwich, 0.8% 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 68, Melrose Road, Norwich, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
