2, Reeves Close
2, Reeves Close
Description & Estimates
According to the public record, 2, Reeves Close, Dereham is a modern freehold house with 1,531 ft2 of internal area and sits on a 502 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Reeves Close, Dereham is £344,569 and the estimated rental value is £1,449 per month.
Reeves Close, Bawdeswell, Dereham, NR20 is located in the borough of Breckland within the NR20 postal district.
Our Data Sources
2, Reeves Close, Dereham has 2 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated March 2011.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Reeves Close, Dereham is in very good condition we estimate a sale value of £361,798 and a rental value of £1,522 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £320,449 and a rental value of £1,348 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Reeves Close, Dereham has decreased by £9,979 (2.9%), while its estimated rental value has grown by £35 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 5.0%.
Plot Size
According to data from HM Land Registry, 2, Reeves Close, Dereham sits on a plot of 502 m2.
We have plot size data on 7 out of 10 other houses in the postcode and 2, Reeves Close, Dereham sits on the 2nd largest plot.
Energy Efficiency
2, Reeves Close, Dereham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Mar 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, 2, Reeves Close, Dereham was last sold on 15th February 2021 for £325,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2021, the market for similar properties has risen by 9.5%.
- Sold Feb 2021£325,000
- Sold Mar 2008£250,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Reeves Close, Dereham within a radius of 4.4 kilometres over the last 2 years.
The most recent example is 6, Two Fields Way, Dereham, NR20 4TQ, a freehold house which sold for £297,500 on the 26th April 2024.
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
Reeves Close, Bawdeswell, Dereham, NR20 has a total of 10 addresses. According to our analysis of all the public data, 2, Reeves Close, Dereham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in NR20.
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Schools Nearby
- 700mBawdeswell Community Primary School
- 3.7kmLyng Church of England Primary Academy
- 4.2kmFoulsham Primary School Academy
- 5.1kmReepham High School and College
- 9.1kmNorthgate High School
- 9.1kmDereham Neatherd High School
More reading links
Public Transport Nearby
The closest station to 2, Reeves Close, Dereham is Wymondham station, which is 21.1 kilometres away.
- 21.1kmWymondham
- 22.8kmNorwich
- 23.9kmSpooner Row
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
