8, Hollow Tree Way
8, Hollow Tree Way
Description & Estimates
According to the public record, 8, Hollow Tree Way, Melton Constable is a modern freehold house with 742 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Hollow Tree Way, Melton Constable is £297,342 and the estimated rental value is £1,129 per month.
Hollow Tree Way, Briston, Melton Constable, NR24 is located in the borough of North Norfolk within the NR24 postal district.
Our Data Sources
8, Hollow Tree Way, Melton Constable has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated October 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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, Hollow Tree Way, Melton Constable is in very good condition we estimate a sale value of £312,209 and a rental value of £1,186 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,528 and a rental value of £1,050 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Hollow Tree Way, Melton Constable has moved down by £3,420 (1.2%), while its estimated rental value has increased by £43 per month (3.8%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Energy Efficiency
8, Hollow Tree Way, Melton Constable has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Sold Prices
According to HM Land Registry, 8, Hollow Tree Way, Melton Constable was last sold on 7th September 2023 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has risen by 25.1%.
- Sold Sep 2023£250,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Hollow Tree Way, Melton Constable within a radius of 3.8 kilometres over the last 2 years.
The most recent example is 13, Hollow Tree Way, Melton Constable, NR24 2SA, a freehold house which sold for £325,000 on the 17th November 2023.
Read more about house prices in NR24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Hollow Tree Way, Briston, Melton Constable, NR24 has a total of 18 addresses. According to our analysis of all the public data, 8, Hollow Tree Way, Melton Constable is the 11th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in NR24.
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Schools Nearby
- 1.3kmAstley Primary School
- 5.3kmCorpusty Primary School
- 6.5kmHolt Community Primary School
- 10.4kmReepham High School and College
- 13.4kmSheringham High School
- 14.3kmAylsham High School
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Public Transport Nearby
The closest station to 8, Hollow Tree Way, Melton Constable is Sheringham station, which is 14.4 kilometres away.
- 14.4kmSheringham
- 15.7kmWest Runton
- 17.7kmRoughton Road
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
