5, The Oaks
5, The Oaks
Description & Estimates
5, The Oaks, Dereham is recorded publicly as a modern leasehold house across 624 ft2 of internal area, sitting on a 176 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5, The Oaks, Dereham is £196,209 and its rental estimate is £981 per month, given the available information and assuming reasonable condition.
The Oaks, Mattishall, Dereham, NR20 falls within the NR20 postal district, in the borough of Breckland.
Our Data Sources
5, The Oaks, Dereham has 31 entries in the Land Registry , most recently in April 2018 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 5, The Oaks, Dereham, we estimate a market value of £206,020 and a rental value of £1,030 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £182,475 and £912 per month respectively.
Recent Market Change
Over the last year, 5, The Oaks, Dereham has seen its estimated sale value decline by £2,884 (1.5%) and its estimated rental value climb by £37 per month (3.7%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 5, The Oaks, Dereham as measuring 176 m2.
That makes it the 9th largest plot in the postcode, where all 9 other houses have recorded plot data.
Energy Efficiency
5, The Oaks, Dereham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Mar 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Electric storage heaters.
Sold Prices
The most recent sale of 5, The Oaks, Dereham completed on 30th April 2018 at £150,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 17.3% over the period since April 2018.
- Sold Apr 2018£150,000
- Sold Nov 2002£95,000
- Sold Jun 2000£62,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, The Oaks, Dereham have sold within a radius of 3.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th July 2023, was 9, The Oaks, Dereham, NR20 3TS, a leasehold house which sold for £200,000.
Read more about house prices in NR20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 9 addresses on The Oaks, Mattishall, Dereham, NR20, 5, The Oaks, Dereham comes out as the 2nd largest and the 7th most expensive in our analysis of the public data.
It is also £140k less expensive than the average property across the NR20 district.
More reading links
Schools Nearby
- 500mMattishall Primary School
- 3.2kmHockering Church of England Primary Academy
- 3.2kmYaxham Church of England Primary Academy
- 6.0kmDereham Neatherd High School
- 7.2kmNorthgate High School
- 10.5kmWymondham High Academy
More reading links
Public Transport Nearby
From 5, The Oaks, Dereham, the nearest station is Wymondham, 11.5 kilometres away.
- 11.5kmWymondham
- 13.9kmSpooner Row
- 15.8kmAttleborough
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
