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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, 3, Melton Close, Dereham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,671 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Melton Close, Dereham is £400,425 and the estimated rental value is £1,405 per month.
Melton Close, Beetley, Dereham, NR20 is located in the borough of Breckland within the NR20 postal district.
3, Melton Close, Dereham has 21 entries in the Land Registry , most recently in February 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 3, Melton Close, Dereham is in very good condition we estimate a sale value of £420,446 and a rental value of £1,475 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,395 and a rental value of £1,306 per month.
Over the last 12 months the sale value of 3 Melton Close Dereham has decreased by an estimated £12,747 (3.2%) and its rental value has increased by an estimated £26 per month (1.9%), giving an expected gross yield of 4.2%.
According to HM Land Registry, 3, Melton Close, Dereham was last sold on 23rd February 2018 for £355,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2018, the market for similar properties has risen 8.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Melton Close, Dereham within a radius of 4.1 kilometres over the last 2 years.
The most recent example is 71, Fakenham Road, Dereham, NR20 4ET, a freehold house which sold for £375,000 on the 4th September 2020.
Read more about house prices in NR20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melton Close, Beetley, Dereham, NR20 has a total of 3 addresses. According to our analysis of all the public data, 3, Melton Close, Dereham is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £66k more expensive than the average property in NR20.
The closest station to 3, Melton Close, Dereham is Wymondham station which is 22.8 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 3, Melton Close, Dereham, 50.8% of property is privately owned outright and 26.2% 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, Melton Close, Dereham, 10.0% of residents are recorded as possessing school level qualifications and 27.5% 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, Melton Close, Dereham, the average age was 48.1 and the most common age was 62.
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, Melton Close, Dereham, 0.2% 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, Melton Close, Dereham, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
