According to the public record, 7, Finch Close, Norwich is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 930 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Finch Close, Norwich, NR7 is located in the borough of Norwich within the NR7 postal district.
7, Finch Close, Norwich has a single entry in the Land Registry database from May 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Finch Close Norwich as £234,689 and the rental value as £1,203 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 7 Finch Close Norwich has increased by £2,464 (1.0%) and its rental value has increased by £33 per month (2.7%).
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 7, Finch Close, Norwich is in very good condition we estimate a sale value of £246,423 and rental value of £1,263 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £218,261 and a rental value of £1,118 per month.
If you were able to purchase this property for the estimated value of £234,689, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,153 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 7, Finch Close, Norwich was last sold on 16 May 2008 for £148,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen 64.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Finch Close, Norwich within a radius of 105m over the last 2 years.
The most recent example is 23, Clancy Road, Norwich, NR7 9AA, a Freehold house which sold for £250,000 in Apr 2024.
Read more about house prices in NR7.
Finch Close, Norwich, NR7 has a total of 20 addresses. According to our analysis of all the public data, 7, Finch Close, Norwich is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in NR7.
The closest station to 7, Finch Close, Norwich is Norwich station which is 2.8 km away.
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 7, Finch Close, Norwich, 50.8% of property is socially rented and 22.7% is privately owned outright.
The graph below shows how this compares to Greater London 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 7, Finch Close, Norwich, 24.3% of residents are recorded as possessing school level qualifications and 13.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Finch Close, Norwich, the average age was 40 and the most common age was 32.
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 7, Finch Close, Norwich, 0.7% 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 7, Finch Close, Norwich, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.