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According to the public record, 3, Commercial Road, Dereham is a period freehold house with 1,422 ft2 of internal area.
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 3, Commercial Road, Dereham is £308,399 and the estimated rental value is £1,232 per month.
Commercial Road, Dereham, NR19 is located in the borough of Breckland within the NR19 postal district.
3, Commercial Road, Dereham has 3 entries in the Land Registry , most recently in July 2018 and a single entry in the EPC database dated June 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 3, Commercial Road, Dereham is in very good condition we estimate a sale value of £323,819 and a rental value of £1,294 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,811 and a rental value of £1,146 per month.
Over the last 12 months the sale value of 3 Commercial Road Dereham has decreased by an estimated £8,942 (2.9%) and its rental value has increased by an estimated £29 per month (2.4%), giving an expected gross yield of 4.8%.
3, Commercial Road, Dereham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jun 2010.
The property is connected to mains gas and has partial secondary glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Commercial Road, Dereham was last sold on 6th July 2018 for £190,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since July 2018, the market for similar properties has risen 42.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Commercial Road, Dereham within a radius of 530 metres over the last 2 years.
The most recent example is 20, Neatherd Road, Dereham, NR19 2AE, a freehold house which sold for £312,500 on the 25th August 2022.
Read more about house prices in NR19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commercial Road, Dereham, NR19 has a total of 82 addresses. According to our analysis of all the public data, 3, Commercial Road, Dereham is the 14th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £52k more expensive than the average property in NR19.
The closest station to 3, Commercial Road, Dereham is Wymondham station which is 17.2 kilometres away.
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.
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 3, Commercial Road, Dereham, 46.7% of property is privately rented and 22.8% is privately owned outright.
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, Commercial Road, Dereham, 14.5% of residents are recorded as possessing school level qualifications and 27.1% 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, Commercial Road, Dereham, the average age was 43.4 and the most common age was 52.
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, Commercial Road, Dereham, 0.0% 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, Commercial Road, Dereham, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.