20 Cremorne Lane, Norwich, Norfolk NR1 1YW
AU

20 Cremorne Lane, Norwich, Norfolk NR1 1YW

By Auction House

£ 60,000

Reviews

3 out of 5 stars

Auction House says ..

FOR SALE BY LIVESTREAM ONLINE AUCTION - 11:00AM, THURSDAY, 08 MAY 2025 TO REGISTER FOR LEGAL PACK AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

Property Oracle says ..

This property is a studio flat located in Thorpe Hamlet, Norwich. The location benefits from being close to several schools, including Lionwood Infant and Nursery School (Outstanding Ofsted rating) and Lionwood Junior School (Good Ofsted rating), both within a kilometre. Norwich train station is also relatively close by at 1.56km. The property itself appears to be in good condition based on the images provided. It is a modern studio flat with a small kitchen and bathroom. There is no garden, but there is some communal outside space. The list price of £60,000 seems reasonable considering the average price per square foot in the area is £306, and this property is smaller than average. However, nearby comparable properties on Cremorne Lane have sold for prices ranging from £31,000 to £165,000, indicating some price variability in the area. This property is at the lower end of the price range for this street.

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
8
Location
7
Land
2
Bedrooms
0
Bathrooms
1
Sqft (est)
206.00

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
188,846.00 £
Decreased by 27.50 %
from 260,480.00 £
Est sale value
60,152.00 £
Decreased by 6.11 %
from 64,066.00 £
Average area rental value
1,159.00 £/mo
Increased by 8.93 %
from 1,064.00 £/mo
Est letting value
206.00 £/mo
Unchanged by 0.00 %
from 206.00 £/mo
Est rental Yield
7.36 %
Increased by 50.20 %
from 4.90 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Auction House created the listing.

Nearby Schools

NameTypeOfstedDistance
Lionwood Infant And Nursery SchoolAcademy ConverterOutstanding0.49 KM
Thorpe Hamlet & Heartsease Children'S CentreChildren's Centre1.04 KM
Lionwood Junior SchoolAcademy ConverterGood1.04 KM
Trowse Primary SchoolCommunity SchoolOutstanding1.37 KM
Charles Darwin Primary SchoolFree SchoolsOutstanding1.93 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Barton Way £ 000.00 KM
Marlborough Court £ 000.00 KM
Meadow Close £ 000.00 KM
Lime Tree Avenue £ 265,00000.00 KM
White Horse Lane £ 300,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW1.56 KM
Salhouse7318SAH9.71 KM

Nearby Listings

AddressPriceTypeScoreDistance
28 Cremorne Lane, Norwich, Norfolk NR1 1YW £ 70,000BUY5 / 100.00 KM
20 Cremorne Lane, Norwich, Norfolk NR1 1YW £ 60,000BUY6 / 100.00 KM
Salisbury Road, Norwich, NR1 £ 270,000BUY5 / 100.07 KM
Glendenning Road, Thorpe Park, NR1 1YN £ 127,500BUY6 / 100.07 KM
Salisbury Road, Norwich, Norfolk £ 260,000BUY6 / 100.11 KM

Nearby Properties

AddressPriceDistance
28 Cremorne Lane £ 31,0000.02 KM
60 Cremorne Lane £ 165,0000.02 KM
50 Cremorne Lane £ 89,0000.02 KM
34 Cremorne Lane £ 147,0000.02 KM
66 Cremorne Lane £ 131,0000.02 KM