1, Meadow Lane
1, Meadow Lane
Description & Estimates
1, Meadow Lane, Melton Constable appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a mid-century house with 904 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 1, Meadow Lane, Melton Constable is £304,676 and its rental estimate is £1,226 per month, given the available information and assuming reasonable condition.
Meadow Lane, Briston, Melton Constable, NR24 falls within the NR24 postal district, in the borough of North Norfolk.
Our Data Sources
1, Meadow Lane, Melton Constable has a single entry in the Land Registry from June 2009 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.
The local information is scored as 1 out of 5 and is considered of low 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, Meadow Lane, Melton Constable, we estimate a market value of £319,909 and a rental value of £1,288 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £283,348 and £1,141 per month respectively.
Recent Market Change
Over the last year, 1, Meadow Lane, Melton Constable has seen its estimated sale value drop by £4,774 (1.6%) and its estimated rental value rise by £41 per month (3.3%). This results in an estimated gross rental yield of 4.8%.
Sold Prices
The most recent sale of 1, Meadow Lane, Melton Constable completed on 12th June 2009 at £170,000 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 risen by 130.4% over the period since June 2009.
- Sold Jun 2009£170,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Meadow Lane, Melton Constable have sold within a radius of 3.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th October 2021, was 136, Fakenham Road, Melton Constable, NR24 2HF, a freehold house which sold for £275,000.
Read more about house prices in NR24.
- Sold Oct 2021£275,000 | 3 Bed House136, Fakenham Road, Melton Constable, NR24 2HF136, Fakenham Road, Melton Constable, NR24 2HF
- Sold Oct 2019£195,000 | 3 Bed House5, Jewel Close, Melton Constable, NR24 2SH5, Jewel Close, Melton Constable, NR24 2SH
- Sold Oct 2018£275,000 | 3 Bed House10, Bellview Close, Melton Constable, NR24 2SJ10, Bellview Close, Melton Constable, NR24 2SJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 6 addresses on Meadow Lane, Briston, Melton Constable, NR24, 1, Meadow Lane, Melton Constable comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £134k less expensive than the average property across the NR24 district.
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Schools Nearby
- 600mAstley Primary School
- 6.0kmHolt Community Primary School
- 7.2kmCorpusty Primary School
- 11.9kmReepham High School and College
- 13.3kmFakenham Academy
- 13.7kmSheringham High School
More reading links
Public Transport Nearby
From 1, Meadow Lane, Melton Constable, the nearest station is Sheringham, 14.8 kilometres away.
- 14.8kmSheringham
- 16.3kmWest Runton
- 18.7kmRoughton Road
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.
