2, Great Eastern Way
2, Great Eastern Way
Description & Estimates
2, Great Eastern Way, Fakenham is recorded publicly as a modern freehold house across 624 ft2 of internal area, sitting on a 202 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2, Great Eastern Way, Fakenham is £176,257 and its rental estimate is £771 per month, given the available information and assuming reasonable condition.
Great Eastern Way, Fakenham, NR21 falls within the NR21 postal district, in the borough of North Norfolk.
Our Data Sources
2, Great Eastern Way, Fakenham has 31 entries in the Land Registry , most recently in May 2021 and a single entry in the EPC database dated June 2014.
We combine this information with that 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.
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 2, Great Eastern Way, Fakenham, we estimate a market value of £185,070 and a rental value of £809 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £163,919 and £717 per month respectively.
Recent Market Change
Over the last year, 2, Great Eastern Way, Fakenham has seen its estimated sale value decline by £3,096 (1.8%) and its estimated rental value climb by £30 per month (3.9%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 2, Great Eastern Way, Fakenham as measuring 202 m2.
That makes it the 3rd largest plot in the postcode, where 17 of the 23 other houses have recorded plot data.
Energy Efficiency
2, Great Eastern Way, Fakenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Great Eastern Way, Fakenham completed on 28th May 2021 at £178,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 24.8% over the period since May 2021.
- Sold May 2021£178,000
- Sold Sep 2014£131,500
- Sold May 2002£75,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Great Eastern Way, Fakenham have sold within a radius of 780 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th March 2025, was 105, Norwich Road, Fakenham, NR21 8HH, a freehold house which sold for £190,000.
Read more about house prices in NR21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 33 addresses on Great Eastern Way, Fakenham, NR21, 2, Great Eastern Way, Fakenham comes out as the 6th largest and the 8th most expensive in our analysis of the public data.
It is also £158k less expensive than the average property across the NR21 district.
More reading links
Schools Nearby
- 200mFakenham Infant and Nursery School
- 500mFakenham Junior School
- 3.1kmSculthorpe Church of England Primary Academy
- 1.4kmFakenham Academy
- 13.1kmAlderman Peel High School
- 17.0kmNorthgate High School
More reading links
Public Transport Nearby
From 2, Great Eastern Way, Fakenham, the nearest station is Sheringham, 26.6 kilometres away.
- 26.6kmSheringham
- 28.4kmWest Runton
- 31.1kmCromer
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.
