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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 8, Northfields Lane, Dereham is a modern freehold house with 2,411 ft2 of internal area and sits on a 801 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Northfields Lane, Dereham is £644,924 and the estimated rental value is £2,016 per month.
Northfields Lane, Westfield, Dereham, NR19 is located in the borough of Breckland within the NR19 postal district.
8, Northfields Lane, Dereham has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated July 2020.
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, Northfields Lane, Dereham is in very good condition we estimate a sale value of £677,170 and a rental value of £2,117 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £599,779 and a rental value of £1,875 per month.
Over the last 12 months the sale value of 8 Northfields Lane Dereham has decreased by an estimated £21,855 (3.4%) and its rental value has increased by an estimated £36 per month (1.8%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, 8, Northfields Lane, Dereham sits on a plot of 801m2.
We have plot size data on 6 out of 7 other houses in the postcode and 8, Northfields Lane, Dereham sits on the 3rd largest plot.
8, Northfields Lane, Dereham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Jul 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 8, Northfields Lane, Dereham was last sold on 16th November 2020 for £495,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2020, the market for similar properties has dropped 13.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Northfields Lane, Dereham within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 14, Northfields Lane, Dereham, NR19 1FT, a freehold house which sold for £700,000 on the 28th October 2022.
Read more about house prices in NR19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Northfields Lane, Westfield, Dereham, NR19 has a total of 7 addresses. According to our analysis of all the public data, 8, Northfields Lane, Dereham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £388k more expensive than the average property in NR19.
The closest station to 8, Northfields Lane, Dereham is Wymondham station which is 15.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Northfields Lane, Dereham, 54.6% of property is privately owned outright and 28.6% is privately owned with a mortgage.
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, Northfields Lane, Dereham, 12.2% of residents are recorded as possessing school level qualifications and 29.5% 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, Northfields Lane, Dereham, the average age was 47.2 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, Northfields Lane, Dereham, 1.0% 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, Northfields Lane, Dereham, there are an average of 2.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
