2, Wellington Road
2, Wellington Road
Description & Estimates
2, Wellington Road, Melton Constable is recorded publicly as a modern freehold house across 850 ft2 of internal area, sitting on a 267 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Wellington Road, Melton Constable is £220,062 and its rental estimate is £949 per month, given the available information and assuming reasonable condition.
Wellington Road, Briston, Melton Constable, NR24 falls within the NR24 postal district, in the borough of North Norfolk.
Our Data Sources
2, Wellington Road, Melton Constable has 21 entries in the Land Registry , most recently in August 2017 and a single entry in the EPC database dated November 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Wellington Road, Melton Constable, we estimate a market value of £231,066 and a rental value of £997 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £204,658 and £883 per month respectively.
Recent Market Change
Over the last year, 2, Wellington Road, Melton Constable has seen its estimated sale value decrease by £3,448 (1.6%) and its estimated rental value grow by £32 per month (3.3%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 2, Wellington Road, Melton Constable as measuring 267 m2.
That makes it the 18th largest plot in the postcode, where 31 of the 37 other houses have recorded plot data.
Energy Efficiency
2, Wellington Road, Melton Constable has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Nov 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 2, Wellington Road, Melton Constable completed on 25th August 2017 at £170,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 70.0% over the period since August 2017.
- Sold Aug 2017£170,000
- Sold Aug 2000£58,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Wellington Road, Melton Constable have sold within a radius of 3.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th January 2018, was 5, Wellington Road, Melton Constable, NR24 2SE, a freehold house which sold for £185,000.
Read more about house prices in NR24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 37 addresses on Wellington Road, Briston, Melton Constable, NR24, 2, Wellington Road, Melton Constable comes out as the 27th largest and the 28th most expensive in our analysis of the public data.
It is also £218k less expensive than the average property across the NR24 district.
More reading links
Schools Nearby
- 600mAstley Primary School
- 6.3kmHolt Community Primary School
- 7.1kmCorpusty Primary School
- 11.7kmReepham High School and College
- 13.2kmFakenham Academy
- 14.0kmSheringham High School
More reading links
Public Transport Nearby
From 2, Wellington Road, Melton Constable, the nearest station is Sheringham, 15.0 kilometres away.
- 15.0kmSheringham
- 16.5kmWest Runton
- 18.8kmRoughton Road
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.
