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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Cleaves Drive, Walsingham is £448,078 and the estimated rental value is £1,334 per month.
Cleaves Drive, Walsingham, NR22 is located in the borough of North Norfolk within the NR22 postal district.
8, Cleaves Drive, Walsingham has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 8, Cleaves Drive, Walsingham is in very good condition we estimate a sale value of £470,482 and a rental value of £1,401 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £416,713 and a rental value of £1,241 per month.
Over the last 12 months the sale value of 8 Cleaves Drive Walsingham has decreased by an estimated £14,934 (3.3%) and its rental value has increased by an estimated £26 per month (1.9%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, 8, Cleaves Drive, Walsingham sits on a plot of 854m2.
We have plot size data on 24 out of 34 other houses in the postcode and 8, Cleaves Drive, Walsingham sits on the 2nd largest plot.
8, Cleaves Drive, Walsingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Apr 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 8, Cleaves Drive, Walsingham was last sold on 9th September 2022 for £505,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2022, the market for similar properties has dropped 25.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Cleaves Drive, Walsingham within a radius of 5.7 kilometres over the last 2 years.
The most recent example is Friars Quire, High Street, Walsingham, NR22 6BY, a freehold house which sold for £399,450 on the 27th May 2021.
Read more about house prices in NR22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cleaves Drive, Walsingham, NR22 has a total of 34 addresses. According to our analysis of all the public data, 8, Cleaves Drive, Walsingham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £114k more expensive than the average property in NR22.
The closest station to 8, Cleaves Drive, Walsingham is Sheringham station which is 23.2 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Cleaves Drive, Walsingham, 36.6% of property is socially rented and 36.0% is privately owned outright.
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 8, Cleaves Drive, Walsingham, 18.3% of residents are recorded as possessing school level qualifications and 18.8% 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 8, Cleaves Drive, Walsingham, the average age was 45.5 and the most common age was 57.
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 8, Cleaves Drive, Walsingham, 0.3% 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 8, Cleaves Drive, Walsingham, 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.