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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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3, Beech Grove, Fakenham is recorded publicly as a modern freehold house across 1,679 ft2 of internal area, sitting on a 1,069 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Beech Grove, Fakenham is £518,143 and its rental estimate is £1,363 per month, given the available information and assuming reasonable condition.
Beech Grove, Fakenham, NR21 falls within the NR21 postal district, in the borough of North Norfolk.
3, Beech Grove, Fakenham has 2 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated November 2014.
We combine this information with that 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.
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 3, Beech Grove, Fakenham, we estimate a market value of £544,051 and a rental value of £1,431 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £481,873 and £1,268 per month respectively.
Over the last year, 3, Beech Grove, Fakenham has seen its estimated sale value fall by £17,269 (3.3%) and its estimated rental value move up by £26 per month (1.9%). This results in an estimated gross rental yield of 3.2%.
HM Land Registry records the plot of land for 3, Beech Grove, Fakenham as measuring 1,069 m2.
That makes it the 3rd largest plot in the postcode, where all 4 other houses have recorded plot data.
3, Beech Grove, Fakenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Nov 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Underfloor heating and radiators, pipes in screed above insulation, electric.
The most recent sale of 3, Beech Grove, Fakenham completed on 26th March 2021 at £539,000 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 13.5% over the period since March 2021.
Over the past 2 years 3 properties similar to 3, Beech Grove, Fakenham have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th February 2022, was 37, Warren Avenue, Fakenham, NR21 8NP, a freehold house which sold for £500,000.
Read more about house prices in NR21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 4 addresses on Beech Grove, Fakenham, NR21, 3, Beech Grove, Fakenham comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £184k more expensive than the average property across the NR21 district.
From 3, Beech Grove, Fakenham, the nearest station is Sheringham, 26.0 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Beech Grove, Fakenham, 56.1% of property is privately owned outright and 29.0% 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 3, Beech Grove, Fakenham, 9.7% of residents are recorded as possessing school level qualifications and 26.3% 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 3, Beech Grove, Fakenham, the average age was 46.8 and the most common age was 72.
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 3, Beech Grove, Fakenham, 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 3, Beech Grove, Fakenham, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
