8, Mindhams Yard
8, Mindhams Yard
Description & Estimates
8, Mindhams Yard, Wells-Next-The-Sea is recorded publicly as a period freehold house across 936 ft2 of internal area, sitting on a 61.6 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Mindhams Yard, Wells-Next-The-Sea is £515,519 and its rental estimate is £1,494 per month, given the available information and assuming reasonable condition.
Mindhams Yard, Wells-Next-The-Sea, NR23 falls within the NR23 postal district, in the borough of North Norfolk.
Our Data Sources
8, Mindhams Yard, Wells-Next-The-Sea has 31 entries in the Land Registry , most recently in May 2009 and a single entry in the EPC database dated November 2008.
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.
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 8, Mindhams Yard, Wells-Next-The-Sea, we estimate a market value of £541,295 and a rental value of £1,569 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £479,432 and £1,390 per month respectively.
Recent Market Change
Over the last year, 8, Mindhams Yard, Wells-Next-The-Sea has seen its estimated sale value decrease by £13,163 (2.6%) and its estimated rental value grow by £45 per month (3.0%). This results in an estimated gross rental yield of 3.5%.
Plot Size
HM Land Registry records the plot of land for 8, Mindhams Yard, Wells-Next-The-Sea as measuring 62 m2.
That makes it the 6th largest plot in the postcode, where 8 of the 11 other houses have recorded plot data.
Energy Efficiency
8, Mindhams Yard, Wells-Next-The-Sea has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Nov 2008.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Mindhams Yard, Wells-Next-The-Sea completed on 8th May 2009 at £278,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 14.0% over the period since May 2009.
- Sold May 2009£278,500
- Sold May 2002£140,000
- Sold Jan 1996£63,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Mindhams Yard, Wells-Next-The-Sea have sold within a radius of 4.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th November 2024, was 21, Theatre Road, Wells-Next-The-Sea, NR23 1DJ, a freehold house which sold for £373,000.
Read more about house prices in NR23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 11 addresses on Mindhams Yard, Wells-Next-The-Sea, NR23, 8, Mindhams Yard, Wells-Next-The-Sea comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £182k more expensive than the average property across the NR23 district.
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Schools Nearby
- 900mWells-Next-the-Sea Primary and Nursery School
- 6.9kmWalsingham CE VA Primary School
- 7.6kmBurnham Market Primary and Nursery School
- 900mAlderman Peel High School
- 13.0kmFakenham Academy
- 23.6kmSmithdon High School
More reading links
Public Transport Nearby
From 8, Mindhams Yard, Wells-Next-The-Sea, the nearest station is Sheringham, 24.4 kilometres away.
- 24.4kmSheringham
- 26.8kmWest Runton
- 30.0kmCromer
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.
