Oak Street, Norwich, NR3
SO

Oak Street, Norwich, NR3

By Sowerbys

£ 520,000

Reviews

3 out of 5 stars

Sowerbys says ..

This superb three-storey city townhouse, offering convenient access to the Cathedral City of Norwich, is the perfect home, city retreat, or Airbnb.

Property Oracle says ..

The property is a 5 bedroom, 3 bathroom terraced house located on Oak Street in Norwich, Norfolk. It is listed at £520,000 and has 1,637 sqft of living space. The plot size is not specified. The property appears to be in excellent condition. The images show a modern, well-maintained interior and exterior. The kitchen and bathrooms are contemporary and updated. There is a small, paved patio area. The location is good. It’s within easy reach of several highly-rated schools, including Sir Isaac Newton Sixth Form Free School (Outstanding Ofsted rating) and Jane Austen College (Good Ofsted rating). Norwich city centre is also relatively close, providing access to shops, amenities, and transport links. The proximity to Norwich railway station (1.96km) offers convenient access to other parts of the UK. Considering the property’s condition, location, and size, the list price of £520,000 appears to be at the higher end of the market. The average house price in the area is significantly lower at £259,014, and the average price per sqft is £335. This property, at £317 per sqft, is considerably more expensive. However, the higher price may be justified by the property’s superior condition, larger size, and desirable location near good schools and transport links. Nearby comparable properties on Oak Street also support this higher price point, with similar-sized terraced houses selling for around £435,000 - £440,000.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
8
Land
3
Bedrooms
5
Bathrooms
3
Sqft (est)
1,637.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
171,667.00 £
Decreased by 35.22 %
from 265,001.00 £
Est sale value
445,264.00 £
Increased by 4.21 %
from 427,257.00 £
Average area rental value
1,085.00 £/mo
Decreased by 1.45 %
from 1,101.00 £/mo
Est letting value
1,637.00 £/mo
Unchanged by 0.00 %
from 1,637.00 £/mo
Est rental Yield
7.58 %
Increased by 51.90 %
from 4.99 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Sowerbys created the listing.

Nearby Schools

NameTypeOfstedDistance
Jane Austen CollegeFree SchoolsGood0.33 KM
Sir Isaac Newton Sixth Form Free SchoolFree Schools 16 To 19Outstanding0.59 KM
Norwich University Of The ArtsHigher Education Institutions0.77 KM
City And Eaton Children'S CentreChildren's Centre0.88 KM
Angel Road Junior SchoolAcademy Sponsor Led1.04 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Saint Miles Alley £ 000.00 KM
Waterman's Yard £ 000.00 KM
Saint Margarets Street £ 215,00000.00 KM
Saint Benedicts Street £ 160,00000.00 KM
Saint George's Alley £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW1.96 KM

Nearby Listings

AddressPriceTypeScoreDistance
Oak Street, Norwich, NR3 £ 520,000BUY6 / 100.00 KM
Oak Street, Norwich, Norfolk, NR3 £ 450,000BUY6 / 100.05 KM
Scholars Court, Norwich £ 220,000BUY6 / 100.08 KM
Norwich £ 149,500BUY5 / 100.09 KM
Unicorn Yard, Norwich £ 240,000BUY9 / 100.09 KM

Nearby Properties

AddressPriceDistance
9 Oak Street £ 435,0000.05 KM
16 Oak Street £ 280,0000.05 KM
38 Oak Street £ 161,0000.05 KM
5 Oak Street £ 267,5000.05 KM
11 Oak Street £ 162,0000.05 KM