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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, 7, Bailey Close, Norwich is a modern freehold house with 1,517 ft2 of internal area and sits on a 233 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Bailey Close, Norwich is £391,739 and the estimated rental value is £1,391 per month.
Bailey Close, Norwich, NR6 is located in the borough of Broadland within the NR6 postal district.
7, Bailey Close, Norwich has a single entry in the Land Registry from November 2020 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.
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 7, Bailey Close, Norwich is in very good condition we estimate a sale value of £411,326 and a rental value of £1,461 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,317 and a rental value of £1,294 per month.
Over the last 12 months the sale value of 7 Bailey Close Norwich has decreased by an estimated £9,590 (2.4%) and its rental value has increased by an estimated £26 per month (1.8%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 7, Bailey Close, Norwich sits on a plot of 233m2.
We have plot size data on 21 out of 26 other houses in the postcode and 7, Bailey Close, Norwich sits on the 13th largest plot.
7, Bailey Close, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Sep 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Bailey Close, Norwich was last sold on 9th November 2020 for £310,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2020, the market for similar properties has risen 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Bailey Close, Norwich within a radius of 760 metres over the last 2 years.
The most recent example is 19, Bailey Close, Norwich, NR6 7FE, a freehold house which sold for £437,000 on the 1st February 2024.
Read more about house prices in NR6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bailey Close, Norwich, NR6 has a total of 26 addresses. According to our analysis of all the public data, 7, Bailey Close, Norwich is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £114k more expensive than the average property in NR6.
The closest station to 7, Bailey Close, Norwich is Norwich station which is 4.8 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 7, Bailey Close, 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 7, Bailey Close, 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 7, Bailey Close, 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 7, Bailey Close, 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 7, Bailey Close, 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.
