45, Great Eastern Way
45, Great Eastern Way
Description & Estimates
45, Great Eastern Way, Fakenham is recorded publicly as a modern leasehold apartment across 592 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 45, Great Eastern Way, Fakenham is £114,306 and its rental estimate is £632 per month, given the available information and assuming reasonable condition.
Great Eastern Way, Fakenham, NR21 falls within the NR21 postal district, in the borough of North Norfolk.
Our Data Sources
45, Great Eastern Way, Fakenham has 51 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated January 2022.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 45, Great Eastern Way, Fakenham, we estimate a market value of £120,021 and a rental value of £664 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £106,304 and £588 per month respectively.
Recent Market Change
Over the last year, 45, Great Eastern Way, Fakenham has seen its estimated sale value decline by £2,609 (2.3%) and its estimated rental value climb by £21 per month (3.3%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
45, Great Eastern Way, Fakenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jan 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 45, Great Eastern Way, Fakenham completed on 18th December 2023 at £122,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 22.1% over the period since December 2023.
- Sold Dec 2023£122,500
- Sold Sep 2022£115,000
- Sold Mar 2016£83,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 45, Great Eastern Way, Fakenham have sold within a radius of 750 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th May 2025, was Flat 7, Tudor Court, Greenway Lane, Fakenham, NR21 8ES, a leasehold flat which sold for £120,000.
Read more about house prices in NR21.
- Sold May 2025£120,000 | 2 Bed FlatFlat 7, Tudor Court, Greenway Lane, Fakenham, NR21 8ESFlat 7, Tudor Court, Greenway Lane, Fakenham, NR21 8ES
- Sold Mar 2023£119,000 | 2 Bed Flat49, Great Eastern Way, Fakenham, NR21 8HD49, Great Eastern Way, Fakenham, NR21 8HD
- Sold Nov 2021£115,000 | 2 Bed Flat37, Great Eastern Way, Fakenham, NR21 8HD37, Great Eastern Way, Fakenham, NR21 8HD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 33 addresses on Great Eastern Way, Fakenham, NR21, 45, Great Eastern Way, Fakenham comes out as the 17th largest and the 29th most expensive in our analysis of the public data.
It is also £219k less expensive than the average property across the NR21 district.
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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
From 45, Great Eastern Way, Fakenham, the nearest station is Sheringham, 26.6 kilometres away.
- 26.6kmSheringham
- 28.4kmWest Runton
- 31.1kmCromer
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
