41, Great Eastern Way
41, Great Eastern Way
Description & Estimates
The public record describes 41, Great Eastern Way, Fakenham as a modern apartment with 282 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
41, Great Eastern Way, Fakenham has an estimated sale value of £80,055 and an estimated rental value of £458 per month, assuming reasonable condition and based on the information available.
Great Eastern Way, Fakenham, NR21 lies in the borough of North Norfolk, within the NR21 postal district.
Our Data Sources
41, Great Eastern Way, Fakenham has no recent1 records in the the Land Registry and a single entry in the EPC database dated May 2011.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate 41, Great Eastern Way, Fakenham would be worth £84,057, with a potential rental value of £480 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £74,451, with a rental value of £426 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 41, Great Eastern Way, Fakenham has dropped by £1,311 (1.6%) over the last year. During the same period, its estimated monthly rental value has risen by £18 (4.0%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
41, Great Eastern Way, Fakenham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 May 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
41, Great Eastern Way, Fakenham last changed hands on 1st December 2003, selling for £40,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Dec 2003£40,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 750 metres of 41, Great Eastern Way, Fakenham across the last 2 years.
Most recently, 39, Great Eastern Way, Fakenham, NR21 8HD, a leasehold flat, sold at £68,000 on the 30th April 2021.
Read more about house prices in NR21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 41, Great Eastern Way, Fakenham as the 33rd largest and the 33rd most expensive of the 33 addresses on Great Eastern Way, Fakenham, NR21.
Against the NR21 postcode district average, it is £254k less expensive than the typical property.
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Schools Nearby
- 200mFakenham Infant and Nursery School
- 500mFakenham Junior School
- 3.1kmSculthorpe Church of England Primary Academy
- 1.4kmFakenham Academy
- 13.1kmAlderman Peel High School
- 17.0kmNorthgate High School
More reading links
Public Transport Nearby
Sheringham station is the nearest stop to 41, Great Eastern Way, Fakenham at 26.6 kilometres away.
- 26.6kmSheringham
- 28.4kmWest Runton
- 31.1kmCromer
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
