1, Foundry Close
1, Foundry Close
Description & Estimates
1, Foundry Close, Fakenham is recorded publicly as a modern freehold house across 1,237 ft2 of internal area, sitting on a 434 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Foundry Close, Fakenham is £324,689 and its rental estimate is £1,161 per month, given the available information and assuming reasonable condition.
Foundry Close, Sculthorpe, Fakenham, NR21 falls within the NR21 postal district, in the borough of North Norfolk.
Our Data Sources
1, Foundry Close, Fakenham has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Foundry Close, Fakenham, we estimate a market value of £340,923 and a rental value of £1,219 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £301,961 and £1,080 per month respectively.
Recent Market Change
Over the last year, 1, Foundry Close, Fakenham has seen its estimated sale value decline by £8,290 (2.6%) and its estimated rental value climb by £35 per month (3.0%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 1, Foundry Close, Fakenham as measuring 434 m2.
That makes it the 7th largest plot in the postcode, where 16 of the 18 other houses have recorded plot data.
Energy Efficiency
1, Foundry Close, Fakenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 1, Foundry Close, Fakenham completed on 8th December 2023 at £340,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 6.1% over the period since December 2023.
- Sold Dec 2023£340,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Foundry Close, Fakenham have sold within a radius of 2.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st August 2023, was The Haybarn, Grove Farm, Creake Road, Fakenham, NR21 9NF, a freehold house which sold for £825,000.
Read more about house prices in NR21.
- Sold Aug 2023£825,000 | 3 Bed HouseThe Haybarn, Grove Farm, Creake Road, Fakenham, NR21 9NFThe Haybarn, Grove Farm, Creake Road, Fakenham, NR21 9NF
- Sold Jun 2021£332,500 | 3 Bed House10, Foundry Close, Fakenham, NR21 9ND10, Foundry Close, Fakenham, NR21 9ND
- Sold Mar 2021£287,000 | 3 Bed House8, Foundry Close, Fakenham, NR21 9ND8, Foundry Close, Fakenham, NR21 9ND
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 18 addresses on Foundry Close, Sculthorpe, Fakenham, NR21, 1, Foundry Close, Fakenham comes out as the 5th largest and the 6th most expensive in our analysis of the public data.
It is also £9k less expensive than the average property across the NR21 district.
More reading links
Schools Nearby
- 400mSculthorpe Church of England Primary Academy
- 2.4kmFakenham Junior School
- 2.9kmFakenham Infant and Nursery School
- 1.5kmFakenham Academy
- 11.8kmAlderman Peel High School
- 19.2kmNorthgate High School
More reading links
Public Transport Nearby
From 1, Foundry Close, Fakenham, the nearest station is Sheringham, 28.2 kilometres away.
- 28.2kmSheringham
- 29.9kmKings Lynn
- 30.1kmWest Runton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
