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According to the public record, 7, Park Lane, Wymondham is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,465 ft2 of internal area and sits on a 492 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Park Lane, Wymondham is £327,580 and the estimated rental value is £1,691 per month.
Park Lane, Wymondham, NR18 is located in the borough of South Norfolk within the NR18 postal district.
7, Park Lane, Wymondham has 31 entries in the Land Registry , most recently in May 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 7, Park Lane, Wymondham is in very good condition we estimate a sale value of £343,959 and a rental value of £1,776 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £304,650 and a rental value of £1,573 per month.
Over the last 12 months the sale value of 7 Park Lane Wymondham has decreased by an estimated £8,242 (2.5%) and its rental value has increased by an estimated £37 per month (2.2%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 7, Park Lane, Wymondham sits on a plot of 492m2.
We have plot size data on 10 out of 33 other houses in the postcode and 7, Park Lane, Wymondham sits on the 6th largest plot.
According to HM Land Registry, 7, Park Lane, Wymondham was last sold on 31st May 2013 for £235,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2013, the market for similar properties has risen 65.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Park Lane, Wymondham within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 12, Heron Rise, Wymondham, NR18 9EH, a freehold house which sold for £490,000 on the 15th July 2022.
Read more about house prices in NR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Wymondham, NR18 has a total of 90 addresses. According to our analysis of all the public data, 7, Park Lane, Wymondham is the 6th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in NR18.
The closest station to 7, Park Lane, Wymondham is Wymondham station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 7, Park Lane, Wymondham, 36.7% of property is privately owned outright and 28.8% is socially rented.
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 7, Park Lane, Wymondham, 19.5% of residents are recorded as possessing school level qualifications and 24.9% 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 7, Park Lane, Wymondham, the average age was 38.9 and the most common age was 47.
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 7, Park Lane, Wymondham, 0.6% 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 7, Park Lane, Wymondham, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.