8, Reeves Close
8, Reeves Close
Description & Estimates
The public record lists 8, Reeves Close, Dereham as a freehold house sitting on a 233 m2 plot.
Comparison with its neighbours suggests a modern house with 1,277 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
8, Reeves Close, Dereham has an estimated sale value of £312,541 and an estimated rental value of £1,373 per month, assuming reasonable condition and based on the information available.
Reeves Close, Bawdeswell, Dereham, NR20 lies in the borough of Breckland, within the NR20 postal district.
Our Data Sources
8, Reeves Close, Dereham has 2 entries in the Land Registry , most recently in November 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 8, Reeves Close, Dereham would be worth £328,168, with a potential rental value of £1,442 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £290,663, with a rental value of £1,277 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Reeves Close, Dereham has declined by £9,051 (2.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £33 (2.4%). The property's estimated gross yield is currently 5.3%.
Plot Size
8, Reeves Close, Dereham occupies a 233 m2 plot as recorded by HM Land Registry.
Of the 10 other houses in this postcode, 7 have recorded plot sizes, and this one ranks as the 5th largest.
Sold Prices
8, Reeves Close, Dereham last changed hands on 1st November 2013, selling for £189,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 61.2% since November 2013.
- Sold Nov 2013£189,000
- Sold Oct 2008£173,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.4 kilometres of 8, Reeves Close, Dereham across the last 2 years.
Most recently, 33, Reepham Road, Dereham, NR20 4RU, a freehold house, sold at £375,000 on the 24th May 2024.
Read more about house prices in NR20.
- Sold May 2024£375,000 | 3 Bed House33, Reepham Road, Dereham, NR20 4RU33, Reepham Road, Dereham, NR20 4RU
- Sold Mar 2023£286,000 | 3 Bed House10, Two Fields Way, Dereham, NR20 4TQ10, Two Fields Way, Dereham, NR20 4TQ
- Sold Jul 2013£250,000 | 4 Bed House31, Reepham Road, Dereham, NR20 4RU31, Reepham Road, Dereham, NR20 4RU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 8, Reeves Close, Dereham as the 5th largest and the 5th most expensive of the 10 addresses on Reeves Close, Bawdeswell, Dereham, NR20.
Against the NR20 postcode district average, it is £24k less expensive than the typical property.
More reading links
Schools Nearby
- 700mBawdeswell Community Primary School
- 3.7kmLyng Church of England Primary Academy
- 4.2kmFoulsham Primary School Academy
- 5.1kmReepham High School and College
- 9.1kmNorthgate High School
- 9.1kmDereham Neatherd High School
More reading links
Public Transport Nearby
Wymondham station is the nearest stop to 8, Reeves Close, Dereham at 21.1 kilometres away.
- 21.1kmWymondham
- 22.8kmNorwich
- 23.9kmSpooner Row
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
