2, Mill Common
2, Mill Common
Description & Estimates
2, Mill Common, North Walsham appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 1,227 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 2, Mill Common, North Walsham is £406,561 and its rental estimate is £1,115 per month, given the available information and assuming reasonable condition.
Mill Common, Dilham, North Walsham, NR28 falls within the NR28 postal district, in the borough of North Norfolk.
Our Data Sources
2, Mill Common, North Walsham has 51 entries in the Land Registry , most recently in December 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, Mill Common, North Walsham, we estimate a market value of £426,890 and a rental value of £1,171 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £378,102 and £1,037 per month respectively.
Recent Market Change
Over the last year, 2, Mill Common, North Walsham has seen its estimated sale value decrease by £5,670 (1.4%) and its estimated rental value grow by £22 per month (2.0%). This results in an estimated gross rental yield of 3.3%.
Sold Prices
The most recent sale of 2, Mill Common, North Walsham completed on 14th December 2017 at £260,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 1.6% over the period since December 2017.
- Sold Dec 2017£260,000
- Sold Mar 2007£183,000
- Sold Dec 2004£177,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Mill Common, North Walsham have sold within a radius of 4.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th September 2024, was South Cottage, Mill Common, North Walsham, NR28 9PL, a freehold house which sold for £425,000.
Read more about house prices in NR28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 7 addresses on Mill Common, Dilham, North Walsham, NR28, 2, Mill Common, North Walsham comes out as the 3rd largest and the 2nd most expensive in our analysis of the public data.
It is also £121k more expensive than the average property across the NR28 district.
More reading links
Schools Nearby
- 2.5kmWorstead Church of England Primary School
- 2.8kmEast Ruston Infant School & Nursery
- 4.9kmStalham Infant School and Nursery
- 4.9kmStalham High School
- 5.0kmNorth Walsham High School
- 8.3kmBroadland High Ormiston Academy
More reading links
Public Transport Nearby
From 2, Mill Common, North Walsham, the nearest station is Worstead, 3.3 kilometres away.
- 3.3kmWorstead
- 5.4kmNorth Walsham
- 8.6kmHoveton & Wroxham
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
