Utopia, Norwich
Utopia, Norwich
Description & Estimates
Utopia, Norwich is recorded publicly as a mid-century freehold house across 753 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Utopia, Norwich is £286,047 and its rental estimate is £1,182 per month, given the available information and assuming reasonable condition.
Post Office Lane, Saxthorpe, Norwich, NR11 falls within the NR11 postal district, in the borough of North Norfolk.
Our Data Sources
Utopia, Norwich has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated October 2021.
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.
Price Range & Condition
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 Utopia, Norwich, we estimate a market value of £300,349 and a rental value of £1,241 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £266,023 and £1,099 per month respectively.
Recent Market Change
Over the last year, Utopia, Norwich has seen its estimated sale value decrease by £2,593 (0.9%) and its estimated rental value grow by £46 per month (3.9%). This results in an estimated gross rental yield of 5.0%.
Energy Efficiency
Utopia, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Sold Prices
The most recent sale of Utopia, Norwich completed on 23rd November 2022 at £290,000 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 2.0% over the period since November 2022.
- Sold Nov 2022£290,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Utopia, Norwich have sold within a radius of 6.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th April 2024, was Oak Haven, Post Office Lane, Norwich, NR11 7BL, a freehold house which sold for £180,000.
Read more about house prices in NR11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 30 addresses on Post Office Lane, Saxthorpe, Norwich, NR11, Utopia, Norwich comes out as the 26th largest and the 25th most expensive in our analysis of the public data.
It is also £66k less expensive than the average property across the NR11 district.
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Schools Nearby
- 200mCorpusty Primary School
- 6.7kmAstley Primary School
- 7.0kmCawston Church of England Primary Academy
- 8.1kmReepham High School and College
- 8.8kmAylsham High School
- 12.7kmSheringham High School
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Public Transport Nearby
From Utopia, Norwich, the nearest station is Sheringham, 13.5 kilometres away.
- 13.5kmSheringham
- 13.9kmWest Runton
- 14.7kmRoughton Road
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
