2 Lees Terrace, New Street
2 Lees Terrace, New Street
Description & Estimates
Public records show 2 Lees Terrace, New Street, Holt to be a period leasehold apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
2 Lees Terrace, New Street, Holt has an estimated sale value of £66,667 and an estimated rental value of £381 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, New Street, Holt, NR25.
New Street, Holt, NR25 lies in the borough of North Norfolk, within the NR25 postal district.
Our Data Sources
2 Lees Terrace, New Street, Holt has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated June 2020.
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
In very good condition, we estimate 2 Lees Terrace, New Street, Holt would be worth £70,000, with a potential rental value of £400 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £62,000, with a rental value of £354 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 Lees Terrace, New Street, Holt has risen by £442 (0.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £20 (5.4%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
2 Lees Terrace, New Street, Holt has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
2 Lees Terrace, New Street, Holt last changed hands on 9th February 2022, selling for £51,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 0.8% since February 2022.
- Sold Feb 2022£51,500
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 910 metres of 2 Lees Terrace, New Street, Holt across the last 2 years.
Most recently, 4, New Street, Holt, NR25 6JJ, a freehold house, sold at £175,000 on the 4th October 2024.
Read more about house prices in NR25.
•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 Lees Terrace, New Street, Holt as the 62nd largest and the 69th most expensive of the 70 addresses on New Street, Holt, NR25.
Against the NR25 postcode district average, it is £372k less expensive than the typical property.
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Schools Nearby
- 300mHolt Community Primary School
- 4.5kmKelling CE Primary School
- 6.2kmAstley Primary School
- 8.1kmSheringham High School
- 14.7kmCromer Academy
- 16.5kmAlderman Peel High School
More reading links
Public Transport Nearby
Sheringham station is the nearest stop to 2 Lees Terrace, New Street, Holt at 9.2 kilometres away.
- 9.2kmSheringham
- 11.1kmWest Runton
- 14.0kmCromer
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
