2, Mill Road
2, Mill Road
Description & Estimates
2, Mill Road, Fakenham appears in the public record as a freehold house sitting on a 43 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 938 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 2, Mill Road, Fakenham is £259,136 and its rental estimate is £995 per month, given the available information and assuming reasonable condition.
Mill Road, Hempton, Fakenham, NR21 falls within the NR21 postal district, in the borough of North Norfolk.
Our Data Sources
2, Mill Road, Fakenham has 31 entries in the Land Registry , most recently in January 2010 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 Road, Fakenham, we estimate a market value of £272,093 and a rental value of £1,044 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £240,996 and £925 per month respectively.
Recent Market Change
Over the last year, 2, Mill Road, Fakenham has seen its estimated sale value move down by £6,617 (2.6%) and its estimated rental value increase by £30 per month (3.0%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for 2, Mill Road, Fakenham as measuring 43 m2.
That makes it the 4th largest plot in the postcode, where 4 of the 8 other houses have recorded plot data.
Sold Prices
The most recent sale of 2, Mill Road, Fakenham completed on 27th January 2010 at £138,000 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 136.4% over the period since January 2010.
- Sold Jan 2010£138,000
- Sold May 2006£116,000
- Sold Jun 1997£36,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Mill Road, Fakenham have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th June 2024, was 24, River Court, Fakenham, NR21 7LZ, a freehold house which sold for £260,000.
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 8 addresses on Mill Road, Hempton, Fakenham, NR21, 2, Mill Road, Fakenham comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £75k less expensive than the average property across the NR21 district.
More reading links
Schools Nearby
- 1.1kmFakenham Junior School
- 1.5kmFakenham Infant and Nursery School
- 2.5kmSculthorpe Church of England Primary Academy
- 1.6kmFakenham Academy
- 13.6kmAlderman Peel High School
- 17.1kmNorthgate High School
More reading links
Public Transport Nearby
From 2, Mill Road, Fakenham, the nearest station is Sheringham, 28.2 kilometres away.
- 28.2kmSheringham
- 30.0kmWest Runton
- 30.2kmKings Lynn
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.
