2 STAITHE CLOSE
Recent sale
£280k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
5 Staithe Close, Horning, Norwich, NR12 8AF
UPRN:100090879961Terrace Property3 bedsBuilt 1967-1975
FreeholdCouncil Tax: Band DEPC: D (57)
Data freshness:Listing· freshListing: fresh, refreshed today (2026-10-24T04:00:05.961683+00:00)Planning· 4mo agoPlanning: stale, refreshed 4mo ago (2026-07-10T08:42:49.426770+00:00)EPC· 5mo agoEPC: stale, refreshed 5mo ago (2026-05-20T10:58:39.129138+00:00)Risk· 2y agoRisk: stale, refreshed 2y ago (2024-12-31T00:00:00+00:00)Amenities· 1mo agoAmenities: ageing, refreshed 1mo ago (2026-09-23T00:00:00+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refresh
Valuation estimateUpdated today
£300,000
Estimated value
Range: £285k - £315k|Last sold: £225k (2018-09-19)
Estimate of £300k for this terrace property. 225 sales in NR12 in the last 12 months; median £300k.
Estimate confidence
High confidence
Value History
Current estimate
£300k
£285k - £315k - High confidence
Annualised (CAGR)
+2.99%
Over the full window
Peak estimate
£348k
Dec 2023
From peak
-13.79%
Drawdown from peak
AVM estimate (model)Repeat-sales index - NR12 district (quarterly)index YoY -5.72%
Growth by window
3m
-0.66%
6m
-6.83%
12m
-1.96%
24m
-8.81%
60m
+3.09%
Rental Market
Estimated rent (pcm)
£1,400
/ month
Gross yield
5.60%
Rent ÷ asking price
Net yield
3.88%
Assumes ~31% running costs (not this property's)
Vacancy trend
12-month change
Market Metrics
Median Area Price
£300k
NR12 sales, last 12 months
12m Price Growth
-
NR12 median, Land Registry
Days on Market
128d
NR12 average
Sales & Yield
3 metricsTransactions / 12m
225
NR12 sales
Area Gross Yield
13.66%
NR12 medians
Last Sold
£225k
2018-09-19
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£300,000
- SDLT standard£5,000
- SDLT BTL surcharge (5%)£15,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£322,100
Funding
- Deposit (25%)£75,000
- Mortgage (75% LTV)£225,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£97,100
Monthly Returns
- Monthly Rent (estimate)£1,400
- Mortgage Payment (IO)-£984
- Management (10%)-£140
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£176
Capital Returns
- 5yr Property Value£300,000
- 5yr Capital Gain (0.00% pa, historical)+£0
- 5yr Cumulative Rent (net)+£72,668
- Less mortgage interest-£59,040
- 5yr Total Return+£13,628
Modelled on the live asking price. Assumed, as in the PDF report: 25% deposit, 5.25% interest-only mortgage, management 10% of rent, insurance £40/mo, maintenance £60/mo, legal, survey and broker £2,100. Refurbishment, voids and letting fees are not costed.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £300,000 | £75,000 | +£2,112 | +£2,112 | 2.2% |
| Year 2 | £300,000 | £75,000 | +£4,524 | +£4,524 | 4.7% |
| Year 3 | £300,000 | £75,000 | +£7,243 | +£7,243 | 7.5% |
| Year 4 | £300,000 | £75,000 | +£10,275 | +£10,275 | 10.6% |
| Year 5 | £300,000 | £75,000 | +£13,628 | +£13,628 | 14.0% |
Modelled on the live asking price. Capital growth 0.00% a year is the NR12 area's 5-year historical rate (Land Registry medians), not a forecast. Rent grows 2% a year (assumed); management is 10% of each year's rent. Mortgage held interest-only at 5.25% for 5 years. Refurbishment, voids and letting fees are not costed. ROI is on cash required (£97,100).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
3 STAITHE CLOSE
Recent sale
£365k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
2 STAITHE CLOSE
Recent sale
£320k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
4 STAITHE CLOSE
Recent sale
£280k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£28,421
Median earnings (local authority)
Signal
2,061
Population
Signal
1.4%
Households Deprived