2, Bakers Yard
2, Bakers Yard
Description & Estimates
The public record describes 2, Bakers Yard, Wells-Next-The-Sea as a modern house with 1,042 ft2 of internal area, sitting on a 119 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Bakers Yard, Wells-Next-The-Sea has an estimated sale value of £581,193 and an estimated rental value of £1,659 per month, assuming reasonable condition and based on the information available.
Bakers Yard, Wells-Next-The-Sea, NR23 lies in the borough of North Norfolk, within the NR23 postal district.
Our Data Sources
2, Bakers Yard, Wells-Next-The-Sea has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2010.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 2, Bakers Yard, Wells-Next-The-Sea would be worth £610,253, with a potential rental value of £1,742 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £540,510, with a rental value of £1,542 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Bakers Yard, Wells-Next-The-Sea has decreased by £14,840 (2.6%) over the last year. During the same period, its estimated monthly rental value has grown by £50 (3.0%). The property's estimated gross yield is currently 3.4%.
Plot Size
2, Bakers Yard, Wells-Next-The-Sea occupies a 119 m2 plot as recorded by HM Land Registry.
All 6 other houses in this postcode have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
2, Bakers Yard, Wells-Next-The-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jun 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Bakers Yard, Wells-Next-The-Sea last changed hands on 28th November 2003, selling for £245,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Nov 2003£245,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.2 kilometres of 2, Bakers Yard, Wells-Next-The-Sea across the last 2 years.
Most recently, 32A, Theatre Road, Wells-Next-The-Sea, NR23 1DJ, a freehold house, sold at £595,000 on the 26th January 2022.
Read more about house prices in NR23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Bakers Yard, Wells-Next-The-Sea as the 2nd largest and the 2nd most expensive of the 6 addresses on Bakers Yard, Wells-Next-The-Sea, NR23.
Against the NR23 postcode district average, it is £247k more expensive than the typical property.
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Schools Nearby
- 1.0kmWells-Next-the-Sea Primary and Nursery School
- 6.9kmWalsingham CE VA Primary School
- 7.6kmBurnham Market Primary and Nursery School
- 1.0kmAlderman Peel High School
- 13.0kmFakenham Academy
- 23.5kmSmithdon High School
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Public Transport Nearby
Sheringham station is the nearest stop to 2, Bakers Yard, Wells-Next-The-Sea at 24.5 kilometres away.
- 24.5kmSheringham
- 26.9kmWest Runton
- 30.1kmCromer
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
