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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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11, Lancaster Close, Fakenham is described in the public record as a mid-century house with 678 ft2 of internal area, sitting on a 474 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 11, Lancaster Close, Fakenham is £163,825 and its rental estimate is £715 per month, given the available information and assuming reasonable condition.
Lancaster Close, Fakenham, NR21 falls within the NR21 postal district, in the borough of North Norfolk.
11, Lancaster Close, Fakenham has no records in the the Land Registry and a single entry in the EPC database dated February 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 11, Lancaster Close, Fakenham, we estimate a market value of £172,016 and a rental value of £750 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £152,357 and £665 per month respectively.
Over the last year, 11, Lancaster Close, Fakenham has seen its estimated sale value move down by £2,878 (1.8%) and its estimated rental value increase by £28 per month (3.9%). This results in an estimated gross rental yield of 5.2%.
HM Land Registry records the plot of land for 11, Lancaster Close, Fakenham as measuring 474 m2.
That makes it the 6th largest plot in the postcode, where 8 of the 22 other houses have recorded plot data.
11, Lancaster Close, Fakenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 11, Lancaster Close, Fakenham have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th May 2024, was 26, Church Lanes, Fakenham, NR21 9DG, a freehold house which sold for £130,000.
Read more about house prices in NR21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 30 addresses on Lancaster Close, Fakenham, NR21, 11, Lancaster Close, Fakenham comes out as the 12th largest and the 18th most expensive in our analysis of the public data.
It is also £170k less expensive than the average property across the NR21 district.
From 11, Lancaster Close, Fakenham, the nearest station is Sheringham, 26.9 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 11, Lancaster Close, Fakenham, 34.1% of property is socially rented and 27.5% is privately owned with a mortgage.
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 11, Lancaster Close, Fakenham, 20.2% of residents are recorded as possessing school level qualifications and 19.6% 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 11, Lancaster Close, Fakenham, the average age was 46.8 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 11, Lancaster Close, Fakenham, 0.7% 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 11, Lancaster Close, Fakenham, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
