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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, Oaklea, Norwich is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,605 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 Oaklea, Norwich is £707,117 and the estimated rental value is £2,067 per month.
Corpusty, Norwich, NR11 is located in the borough of North Norfolk within the NR11 postal district.
Oaklea, Norwich has a single entry in the Land Registry from December 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 Oaklea, Norwich is in very good condition we estimate a sale value of £742,472 and a rental value of £2,170 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £657,618 and a rental value of £1,922 per month.
Over the last 12 months the sale value of Oaklea Norwich has decreased by an estimated £15,681 (2.2%) and its rental value has increased by an estimated £45 per month (2.2%), giving an expected gross yield of 3.5%.
According to HM Land Registry, Oaklea, Norwich was last sold on 18th December 2008 for £725,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2008, the market for similar properties has risen 65.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Oaklea, Norwich within a radius of 5.2 kilometres over the last 2 years.
The most recent example is Parsons Oak, Briston Road, Norwich, NR11 7BP, a freehold house which sold for £520,000 on the 1st August 2018.
Read more about house prices in NR11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Corpusty, Norwich, NR11 has a total of 13 addresses. According to our analysis of all the public data, Oaklea, Norwich is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £355k more expensive than the average property in NR11.
The closest station to Oaklea, Norwich is Sheringham station which is 13.4 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
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 Oaklea, Norwich, 48.2% of property is privately owned outright and 31.8% is privately rented.
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 Oaklea, Norwich, 17.0% of residents are recorded as possessing school level qualifications and 36.6% 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 Oaklea, Norwich, the average age was 49.9 and the most common age was 72.
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 Oaklea, Norwich, 1.0% 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 Oaklea, Norwich, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
