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Grove Lane is a residential street with 5 addresses.
It ranks as the 121st largest and 65th most expensive of the 485 streets in the NR24 area. The dominant property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
Grove Lane is a residential street with 5 addresses.
It ranks as the 121st largest and 65th most expensive of the 485 streets in the NR24 area. The dominant property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
Sale prices range from £236,036 for 3 bedroom freehold houses with a garden (753 ft2) to £352,185 for 3 bedroom freehold houses with a garden (1,138 ft2) .
Monthly rental prices range from £1,033 pcm for 3 bed houses to £1,277 pcm for 3 bed houses.
The gross rental yield is between 4.4% and 5.2%.
The average value per square foot is £313.
The last sale on Grove Lane sold for £225,000 on 30th June 2021. Since then prices are up an average of 7.8%.
The current average value in the street is £270,407.
The Grove Lane Sales Market has increased by 37.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1% | £270,407 |
| May 2025 | 0.2% | £273,096 |
| May 2024 | -1.6% | £272,633 |
| May 2023 | -1.2% | £276,971 |
| May 2022 | 13% | £280,201 |
| May 2021 | 10.6% | £248,035 |
| May 2020 | 2.7% | £224,320 |
| May 2019 | -0.7% | £218,476 |
| May 2018 | 10.2% | £220,034 |
| May 2017 | 1.7% | £199,688 |
| May 2016 | 7.3% | £196,254 |
| May 2015 | 3.8% | £182,980 |
| May 2014 | 6.4% | £176,338 |
| May 2013 | 1.9% | £165,660 |
| May 2012 | 0.8% | £162,627 |
| May 2011 | -1.5% | £161,276 |
| May 2010 | 7.9% | £163,686 |
| May 2009 | -10.1% | £151,643 |
| May 2008 | 0.7% | £168,685 |
| May 2007 | 0% | £167,508 |
The current average rental value in the street is £1,116.
The Grove Lane Rental Market has increased by 58.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.8% | £1,116pcm |
| May 2025 | 5.7% | £1,076pcm |
| May 2024 | 4.2% | £1,017pcm |
| May 2023 | 6.4% | £976pcm |
| May 2022 | 11.6% | £918pcm |
| May 2021 | 7.4% | £823pcm |
| May 2020 | 3.1% | £766pcm |
| May 2019 | -0.8% | £743pcm |
| May 2018 | 2.8% | £749pcm |
| May 2017 | 3.1% | £729pcm |
| May 2016 | 5% | £707pcm |
| May 2015 | 5.2% | £673pcm |
| May 2014 | 1% | £640pcm |
| May 2013 | 2.5% | £634pcm |
| May 2012 | 0.7% | £618pcm |
| May 2011 | 0.5% | £614pcm |
| May 2010 | 4.4% | £611pcm |
| May 2009 | -7.4% | £585pcm |
| May 2008 | 4.1% | £631pcm |
| May 2007 | 0% | £607pcm |
The last sale was on 30th June 2021 for £225,000 and since then the market in the area has increased by 7.8%. The street has had a total of 3 sales since 1995.
Grove Lane, Melton Constable, NR24 has seen no sales in the last three years and no sales in the last twelve months.
Grove Lane, Melton Constable, NR24 is the 121st largest and the 65th most expensive street in the NR24 area.
There is 1 postcode on Grove Lane, Melton Constable, NR24.
The closest station to Grove Lane, Melton Constable, NR24 is Sheringham station which is 15.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Grove Lane, Melton Constable, NR24, 49.1% of property is privately owned outright and 24.6% is privately rented.
The graph below shows how this compares to East of England 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 Grove Lane, Melton Constable, NR24, 15.8% of residents are recorded as possessing school level qualifications and 24.2% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Grove Lane, Melton Constable, NR24, the average age was 48.1 and the most common age was 72.
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 Grove Lane, Melton Constable, NR24, 0.3% 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 Grove Lane, Melton Constable, NR24, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.