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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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1, St. Michaels Close, Dereham is described in the public record as a modern house with 861 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, St. Michaels Close, Dereham is £249,211 and its rental estimate is £1,186 per month, given the available information and assuming reasonable condition.
St. Michaels Close, Hockering, Dereham, NR20 falls within the NR20 postal district, in the borough of Breckland.
1, St. Michaels Close, Dereham has no records in the the Land Registry and a single entry in the EPC database dated January 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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, St. Michaels Close, Dereham, we estimate a market value of £261,672 and a rental value of £1,246 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £231,766 and £1,103 per month respectively.
Over the last year, 1, St. Michaels Close, Dereham has seen its estimated sale value decrease by £4,147 (1.7%) and its estimated rental value grow by £39 per month (3.3%). This results in an estimated gross rental yield of 5.7%.
1, St. Michaels Close, Dereham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jan 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Ground source heat pump, radiators, electric.
Over the past 2 years 3 properties similar to 1, St. Michaels Close, Dereham have sold within a radius of 3.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st October 2024, was 4, Granary Close, Dereham, NR20 3TQ, a freehold house which sold for £245,000.
Read more about house prices in NR20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 12 addresses on St. Michaels Close, Hockering, Dereham, NR20, 1, St. Michaels Close, Dereham comes out as the 5th largest and the most expensive in our analysis of the public data.
It is also £87k less expensive than the average property across the NR20 district.
From 1, St. Michaels Close, Dereham, the nearest station is Wymondham, 12.7 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, St. Michaels Close, Dereham, 33.8% of property is privately owned with a mortgage and 27.5% is socially 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 1, St. Michaels Close, Dereham, 18.0% of residents are recorded as possessing school level qualifications and 24.5% 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 1, St. Michaels Close, Dereham, the average age was 47.2 and the most common age was 57.
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 1, St. Michaels Close, Dereham, 0.0% 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 1, St. Michaels Close, Dereham, 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.
