2, Merryfield Close
2, Merryfield Close
Description & Estimates
2, Merryfield Close, Dereham is recorded publicly as a modern freehold house across 1,259 ft2 of internal area, sitting on a 355 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Merryfield Close, Dereham is £357,442 and its rental estimate is £1,428 per month, given the available information and assuming reasonable condition.
Merryfield Close, Swanton Morley, Dereham, NR20 falls within the NR20 postal district, in the borough of Breckland.
Our Data Sources
2, Merryfield Close, Dereham has 2 entries in the Land Registry , most recently in June 2015 and a single entry in the EPC database dated March 2015.
We combine this information with that 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.
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, Merryfield Close, Dereham, we estimate a market value of £375,314 and a rental value of £1,499 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £332,421 and £1,328 per month respectively.
Recent Market Change
Over the last year, 2, Merryfield Close, Dereham has seen its estimated sale value move down by £10,352 (2.9%) and its estimated rental value increase by £34 per month (2.4%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 2, Merryfield Close, Dereham as measuring 355 m2.
That makes it the 2nd largest plot in the postcode, where 2 of the 3 other houses have recorded plot data.
Energy Efficiency
2, Merryfield Close, Dereham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Mar 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 2, Merryfield Close, Dereham completed on 19th June 2015 at £265,000 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 42.9% over the period since June 2015.
- Sold Jun 2015£265,000
- Sold Jan 2008£239,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Merryfield Close, Dereham have sold within a radius of 3.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th February 2024, was 2, Liberator Close, Dereham, NR20 4GE, a freehold house which sold for £350,000.
Read more about house prices in NR20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 3 addresses on Merryfield Close, Swanton Morley, Dereham, NR20, 2, Merryfield Close, Dereham comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £21k more expensive than the average property across the NR20 district.
More reading links
Schools Nearby
- 900mSwanton Morley VC Primary School
- 3.4kmKing's Park Infant School, Dereham
- 3.9kmSt Mary's Community Primary School, Beetley
- 3.2kmNorthgate High School
- 3.3kmDereham Neatherd High School
- 10.4kmReepham High School and College
More reading links
Public Transport Nearby
From 2, Merryfield Close, Dereham, the nearest station is Wymondham, 18.3 kilometres away.
- 18.3kmWymondham
- 20.4kmSpooner Row
- 21.5kmAttleborough
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
