7, Chestnut Drive
7, Chestnut Drive
Description & Estimates
According to the public record, 7, Chestnut Drive, Norwich is a modern freehold house with 1,539 ft2 of internal area and sits on a 484 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, Chestnut Drive, Norwich is £467,907 and the estimated rental value is £1,591 per month.
Chestnut Drive, Loddon, Norwich, NR14 is located in the borough of South Norfolk within the NR14 postal district.
Our Data Sources
7, Chestnut Drive, Norwich has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated September 2021.
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.
Price Range & Condition
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, Chestnut Drive, Norwich is in very good condition we estimate a sale value of £491,302 and a rental value of £1,671 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £435,153 and a rental value of £1,480 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7, Chestnut Drive, Norwich has increased by £792 (0.2%), while its estimated rental value has grown by £61 per month (3.8%). Based on current estimates, the property offers a gross rental yield of 4.1%.
Plot Size
According to data from HM Land Registry, 7, Chestnut Drive, Norwich sits on a plot of 484 m2.
We have plot size data on 20 out of 26 other houses in the postcode and 7, Chestnut Drive, Norwich sits on the 13th largest plot.
Energy Efficiency
7, Chestnut Drive, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
Sold Prices
According to HM Land Registry, 7, Chestnut Drive, Norwich was last sold on 29th October 2021 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2021, the market for similar properties has dropped by 1.4%.
- Sold Oct 2021£450,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Chestnut Drive, Norwich within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 2, Chestnut Drive, Norwich, NR14 6GF, a freehold house which sold for £460,000 on the 7th January 2022.
Read more about house prices in NR14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Chestnut Drive, Loddon, Norwich, NR14 has a total of 26 addresses. According to our analysis of all the public data, 7, Chestnut Drive, Norwich is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £111k more expensive than the average property in NR14.
More reading links
Schools Nearby
- 400mLoddon Junior School
- 400mLoddon Infant and Nursery School
- 3.5kmThurton Primary School
- 700mHobart High School
- 10.3kmFramingham Earl High School
- 10.3kmBungay High School
More reading links
Public Transport Nearby
The closest station to 7, Chestnut Drive, Norwich is Cantley station, which is 5.4 kilometres away.
- 5.4kmCantley
- 6.7kmReedham (Norfolk)
- 6.8kmBuckenham
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
