3, Hollow Tree Way
3, Hollow Tree Way
Description & Estimates
Public records show 3, Hollow Tree Way, Melton Constable to be a modern freehold house with 678 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
3, Hollow Tree Way, Melton Constable has an estimated sale value of £286,213 and an estimated rental value of £1,097 per month, assuming reasonable condition and based on the information available.
Hollow Tree Way, Briston, Melton Constable, NR24 lies in the borough of North Norfolk, within the NR24 postal district.
Our Data Sources
3, Hollow Tree Way, Melton Constable has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated April 2022.
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
In very good condition, we estimate 3, Hollow Tree Way, Melton Constable would be worth £300,524, with a potential rental value of £1,152 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £266,178, with a rental value of £1,020 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Hollow Tree Way, Melton Constable has decreased by £3,292 (1.2%) over the last year. During the same period, its estimated monthly rental value has grown by £42 (3.8%). The property's estimated gross yield is currently 4.6%.
Energy Efficiency
3, Hollow Tree Way, Melton Constable has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
3, Hollow Tree Way, Melton Constable last changed hands on 31st March 2022, selling for £300,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 23.7% since March 2022.
- Sold Mar 2022£300,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.8 kilometres of 3, Hollow Tree Way, Melton Constable across the last 2 years.
Most recently, 8, Old School Road, Melton Constable, NR24 2SB, a freehold house, sold at £310,000 on the 15th September 2023.
Read more about house prices in NR24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 3, Hollow Tree Way, Melton Constable as the 15th largest and the 16th most expensive of the 18 addresses on Hollow Tree Way, Briston, Melton Constable, NR24.
Against the NR24 postcode district average, it is £152k less expensive than the typical property.
More reading links
Schools Nearby
- 1.3kmAstley Primary School
- 5.3kmCorpusty Primary School
- 6.5kmHolt Community Primary School
- 10.4kmReepham High School and College
- 13.4kmSheringham High School
- 14.3kmAylsham High School
More reading links
Public Transport Nearby
Sheringham station is the nearest stop to 3, Hollow Tree Way, Melton Constable at 14.4 kilometres away.
- 14.4kmSheringham
- 15.7kmWest Runton
- 17.7kmRoughton Road
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
