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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, Oak Tree Meadow, Dereham is a modern freehold house with 3,013 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Oak Tree Meadow, Dereham is £662,359 and the estimated rental value is £1,802 per month.
Oak Tree Meadow, Dereham, NR19 is located in the borough of Breckland within the NR19 postal district.
3, Oak Tree Meadow, Dereham has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Oak Tree Meadow, Dereham is in very good condition we estimate a sale value of £695,477 and a rental value of £1,892 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £615,994 and a rental value of £1,676 per month.
Over the last 12 months the sale value of 3 Oak Tree Meadow Dereham has decreased by an estimated £26,566 (4.0%) and its rental value has increased by an estimated £24 per month (1.3%), giving an expected gross yield of 3.3%.
3, Oak Tree Meadow, Dereham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Oct 2022.
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 insulated timber floor, electric.
According to HM Land Registry, 3, Oak Tree Meadow, Dereham was last sold on 2nd December 2022 for £650,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has dropped 7.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 3, Oak Tree Meadow, Dereham within a radius of 1.2 kilometres over the last 2 years.
The most recent example is Lavengro Barn, Dumpling Green, Dereham, NR19 1HP, a freehold house which sold for £426,500 on the 20th November 2013.
Read more about house prices in NR19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Tree Meadow, Dereham, NR19 has a total of 5 addresses. According to our analysis of all the public data, 3, Oak Tree Meadow, Dereham is the largest and the most expensive property on the street.
When compared to the postcode district it is £406k more expensive than the average property in NR19.
The closest station to 3, Oak Tree Meadow, Dereham is Wymondham station which is 15.8 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, Oak Tree Meadow, Dereham, 71.9% of property is privately owned outright and 20.0% 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, Oak Tree Meadow, Dereham, 8.5% of residents are recorded as possessing school level qualifications and 15.3% 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, Oak Tree Meadow, 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, Oak Tree Meadow, 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, Oak Tree Meadow, Dereham, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
