7, Reeves Close
7, Reeves Close
Description & Estimates
7, Reeves Close, Dereham appears in the public record as a freehold house sitting on a 245 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,367 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 7, Reeves Close, Dereham is £324,329 and its rental estimate is £1,399 per month, given the available information and assuming reasonable condition.
Reeves Close, Bawdeswell, Dereham, NR20 falls within the NR20 postal district, in the borough of Breckland.
Our Data Sources
7, Reeves Close, Dereham has a single entry in the Land Registry from October 2008 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 2 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 7, Reeves Close, Dereham, we estimate a market value of £340,546 and a rental value of £1,469 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £301,626 and £1,301 per month respectively.
Recent Market Change
Over the last year, 7, Reeves Close, Dereham has seen its estimated sale value decrease by £9,393 (2.9%) and its estimated rental value grow by £33 per month (2.4%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 7, Reeves Close, Dereham as measuring 245 m2.
That makes it the 4th largest plot in the postcode, where 7 of the 10 other houses have recorded plot data.
Sold Prices
The most recent sale of 7, Reeves Close, Dereham completed on 15th October 2008 at £200,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 73.3% over the period since October 2008.
- Sold Oct 2008£200,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Reeves Close, Dereham have sold within a radius of 4.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th May 2024, was 33, Reepham Road, Dereham, NR20 4RU, a freehold house which sold for £375,000.
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 10 addresses on Reeves Close, Bawdeswell, Dereham, NR20, 7, Reeves Close, Dereham comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £12k less expensive than the average property across the NR20 district.
More reading links
Schools Nearby
- 700mBawdeswell Community Primary School
- 3.7kmLyng Church of England Primary Academy
- 4.2kmFoulsham Primary School Academy
- 5.1kmReepham High School and College
- 9.1kmNorthgate High School
- 9.1kmDereham Neatherd High School
More reading links
Public Transport Nearby
From 7, Reeves Close, Dereham, the nearest station is Wymondham, 21.1 kilometres away.
- 21.1kmWymondham
- 22.8kmNorwich
- 23.9kmSpooner Row
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.
