1, Russell Way
1, Russell Way
Description & Estimates
1, Russell Way, Wymondham appears in the public record as a freehold house sitting on a 766 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,377 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 1, Russell Way, Wymondham is £469,723 and its rental estimate is £1,463 per month, given the available information and assuming reasonable condition.
Russell Way, Wymondham, NR18 falls within the NR18 postal district, in the borough of South Norfolk.
Our Data Sources
1, Russell Way, Wymondham has 21 entries in the Land Registry , most recently in January 2014 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, Russell Way, Wymondham, we estimate a market value of £493,209 and a rental value of £1,536 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £436,842 and £1,360 per month respectively.
Recent Market Change
Over the last year, 1, Russell Way, Wymondham has seen its estimated sale value decrease by £10,000 (2.1%) and its estimated rental value grow by £36 per month (2.4%). This results in an estimated gross rental yield of 3.7%.
Plot Size
HM Land Registry records the plot of land for 1, Russell Way, Wymondham as measuring 766 m2.
Sold Prices
The most recent sale of 1, Russell Way, Wymondham completed on 21st January 2014 at £270,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 57.5% over the period since January 2014.
- Sold Jan 2014£270,000
- Sold Apr 2001£138,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Russell Way, Wymondham have sold within a radius of 830 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th February 2024, was 8, Orchard Way, Wymondham, NR18 0NX, a freehold house which sold for £360,000.
Read more about house prices in NR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 2 addresses on Russell Way, Wymondham, NR18, 1, Russell Way, Wymondham comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £147k more expensive than the average property across the NR18 district.
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Schools Nearby
- 300mBrowick Road Primary and Nursery School
- 1.0kmSilfield Oak Primary Academy
- 1.2kmRobert Kett Primary School
- 800mWymondham High Academy
- 4.7kmWymondham College
- 5.8kmHethersett Academy
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Public Transport Nearby
From 1, Russell Way, Wymondham, the nearest station is Wymondham, 400 metres away.
- 400mWymondham
- 4.2kmSpooner Row
- 8.6kmAttleborough
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
