The Gatehouse, 391 Dereham Road, Norwich, Norfolk, NR5 8QJ
By Brown & Co
£ 450,000
Reviews
3 out of 5 stars
Brown & Co says ..
PROMINENT FORMER PUBLIC HOUSE WITH THREE BEDROOMS
Property Oracle says ..
The Gatehouse is a period property located on Dereham Road in Norwich. The property benefits from being close to several schools, including Henderson Green Primary School (Good Ofsted rating) which is less than half a kilometer away. The proximity to Norwich city centre (5.62 KM from Norwich train station) also provides good transport links.
The property appears to be in need of some modernisation and updating. While it retains many original features, the interior photos suggest that significant renovation work would be required to bring it up to a modern standard. The property also appears to have a substantial plot of land, which is a desirable feature.
Given the average house price in the area is £243,618 and the average price per sqft is £307, the list price of £450,000 for The Gatehouse seems high, especially considering the need for renovation. However, the size of the plot and the period features of the property could justify a higher price than average. More information on the square footage of the property would be needed for a more precise evaluation of the price.
Based on the images, the property appears to be a period property that could benefit from modernisation. The property has a large plot of land and is situated in a convenient location. The list price is high compared to nearby properties, but the unique nature of The Gatehouse may justify this.
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
- 5
- Condition
- 4
- Location
- 7
- Land
- 8
- Bedrooms
- 3
- Bathrooms
- 0
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
- 188,750.00 £Decreased by 28.85 %
- Average area rental value
- 993.00 £/moDecreased by 3.31 %
- Est rental Yield
- 6.31 %Increased by 35.70 %
- Crime Rate
- 0.00 %
Agent Activity
Brown & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Henderson Green Primary School | Academy Sponsor Led | Good | 0.49 KM |
| Wensum Junior School | Academy Sponsor Led | Good | 1.18 KM |
| Earlham Nursery School | Local Authority Nursery School | Outstanding | 1.25 KM |
| Norwich Primary Academy | Academy Sponsor Led | Good | 1.30 KM |
| City Academy Norwich | Academy Sponsor Led | Requires improvement | 1.50 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Page Road | £ 0 | 0 | 0.00 KM |
| Saint Edmunds Close | £ 312,500 | 0 | 0.00 KM |
| Gunton Road | £ 0 | 0 | 0.00 KM |
| Gunton Lane | £ 0 | 0 | 0.00 KM |
| Leewood Crescent | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Norwich | 7309 | NRW | 5.62 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Gatehouse, 391 Dereham Road, Norwich, Norfolk, NR5 8QJ | £ 450,000 | BUY | 6 / 10 | 0.00 KM |
| Dereham Road, Norwich | £ 350,000 | BUY | 6 / 10 | 0.08 KM |
| Dereham Road, Norwich | £ 375,000 | BUY | 6 / 10 | 0.11 KM |
| Tollhouse Road, Costessey, Norwich | £ 270,000 | BUY | Unknown | 0.12 KM |
| Dereham Road, Norwich | £ 375,000 | BUY | 7 / 10 | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 356 Dereham Road | £ 242,500 | 0.07 KM |
| 368 Dereham Road | £ 239,000 | 0.07 KM |
| 378c Dereham Road | £ 340,000 | 0.07 KM |
| 364 Dereham Road | £ 330,000 | 0.07 KM |
| 382 Dereham Road | £ 208,000 | 0.07 KM |