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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Spring Meadow, Dereham is a modern house with 2,055 ft2 of internal area and sits on a 566 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Spring Meadow, Dereham is £608,162 and the estimated rental value is £1,654 per month.
Spring Meadow, North Elmham, Dereham, NR20 is located in the borough of Breckland within the NR20 postal district.
2, Spring Meadow, Dereham has no records in the the Land Registry and a single entry in the EPC database dated April 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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, Spring Meadow, Dereham is in very good condition we estimate a sale value of £638,570 and a rental value of £1,737 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £565,590 and a rental value of £1,538 per month.
Over the last 12 months the sale value of 2 Spring Meadow Dereham has decreased by an estimated £23,528 (3.9%) and its rental value has increased by an estimated £24 per month (1.4%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, 2, Spring Meadow, Dereham sits on a plot of 566m2.
We have plot size data on 4 out of 4 other houses in the postcode and 2, Spring Meadow, Dereham sits on the 4th largest plot.
2, Spring Meadow, Dereham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Apr 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Spring Meadow, Dereham within a radius of 4.0 kilometres over the last 2 years.
The most recent example is Stable Barn, Eastgate Street, Dereham, NR20 5HF, a freehold house which sold for £680,000 on the 20th September 2022.
Read more about house prices in NR20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Meadow, North Elmham, Dereham, NR20 has a total of 4 addresses. According to our analysis of all the public data, 2, Spring Meadow, Dereham is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £274k more expensive than the average property in NR20.
The closest station to 2, Spring Meadow, Dereham is Wymondham station which is 23.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Spring Meadow, Dereham, 51.0% of property is privately owned outright and 33.3% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Spring Meadow, Dereham, 18.3% of residents are recorded as possessing school level qualifications and 29.4% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Spring Meadow, Dereham, the average age was 45.8 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Spring Meadow, Dereham, 0.6% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Spring Meadow, Dereham, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
