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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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Public records show 48, Chequers Close, Melton Constable to be a modern freehold house with 1,501 ft2 of internal area, sitting on a 260 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
48, Chequers Close, Melton Constable has an estimated sale value of £316,586 and an estimated rental value of £1,260 per month, assuming reasonable condition and based on the information available.
Chequers Close, Briston, Melton Constable, NR24 lies in the borough of North Norfolk, within the NR24 postal district.
48, Chequers Close, Melton Constable has a single entry in the Land Registry from May 2007 and a single entry in the EPC database dated September 2011.
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.
In very good condition, we estimate 48, Chequers Close, Melton Constable would be worth £332,416, with a potential rental value of £1,323 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £294,425, with a rental value of £1,172 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 48, Chequers Close, Melton Constable has declined by £7,944 (2.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £26 (2.1%). The property's estimated gross yield is currently 4.8%.
48, Chequers Close, Melton Constable occupies a 260 m2 plot as recorded by HM Land Registry.
Of the 49 other houses in this postcode, 34 have recorded plot sizes, and this one ranks as the 12th largest.
48, Chequers Close, Melton Constable has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Sep 2011.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, oil.
48, Chequers Close, Melton Constable last changed hands on 21st May 2007, selling for £225,000. 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 119.9% since May 2007.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.8 kilometres of 48, Chequers Close, Melton Constable across the last 2 years.
Most recently, 29, Chequers Close, Melton Constable, NR24 2PW, a freehold house, sold at £380,500 on the 18th August 2023.
Read more about house prices in NR24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 48, Chequers Close, Melton Constable as the 6th largest and the 8th most expensive of the 49 addresses on Chequers Close, Briston, Melton Constable, NR24.
Against the NR24 postcode district average, it is £122k less expensive than the typical property.
Sheringham station is the nearest stop to 48, Chequers Close, Melton Constable at 14.4 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Chequers Close, Melton Constable, 39.6% of property is privately owned outright and 27.8% 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 48, Chequers Close, Melton Constable, 19.2% of residents are recorded as possessing school level qualifications and 25.4% 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 48, Chequers Close, Melton Constable, the average age was 48.1 and the most common age was 72.
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 48, Chequers Close, Melton Constable, 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 48, Chequers Close, Melton Constable, 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.
