7, Wychelm Way
7, Wychelm Way
Description & Estimates
7, Wychelm Way, Dereham is recorded publicly as a modern freehold house across 871 ft2 of internal area, sitting on a 190 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, Wychelm Way, Dereham is £246,036 and its rental estimate is £1,149 per month, given the available information and assuming reasonable condition.
Wychelm Way, Dereham, NR20 falls within the NR20 postal district, in the borough of Breckland.
Our Data Sources
7, Wychelm Way, Dereham has 2 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated August 2016.
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 7, Wychelm Way, Dereham, we estimate a market value of £258,338 and a rental value of £1,207 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £228,813 and £1,069 per month respectively.
Recent Market Change
Over the last year, 7, Wychelm Way, Dereham has seen its estimated sale value move down by £4,094 (1.7%) and its estimated rental value increase by £38 per month (3.3%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 7, Wychelm Way, Dereham as measuring 190 m2.
That makes it the 6th largest plot in the postcode, where all 6 other houses have recorded plot data.
Energy Efficiency
7, Wychelm Way, Dereham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Aug 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Wychelm Way, Dereham completed on 10th September 2021 at £227,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 9.1% over the period since September 2021.
- Sold Sep 2021£227,500
- Sold Aug 2016£192,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Wychelm Way, Dereham have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st October 2024, was 5, Alder End, Dereham, NR20 3GJ, a freehold house which sold for £247,750.
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 6 addresses on Wychelm Way, Dereham, NR20, 7, Wychelm Way, Dereham comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £90k less expensive than the average property across the NR20 district.
More reading links
Schools Nearby
- 1.5kmKing's Park Infant School, Dereham
- 1.9kmDereham Church of England Infant and Nursery Academy
- 1.9kmGrove House Infant and Nursery School
- 700mDereham Neatherd High School
- 1.7kmNorthgate High School
- 12.7kmReepham High School and College
More reading links
Public Transport Nearby
From 7, Wychelm Way, Dereham, the nearest station is Wymondham, 16.6 kilometres away.
- 16.6kmWymondham
- 18.3kmSpooner Row
- 19.1kmAttleborough
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.
