24B, Market Place
24B, Market Place
Description & Estimates
24B, Market Place, Dereham appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 376 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of 24B, Market Place, Dereham is £127,496 and its rental estimate is £650 per month, given the available information and assuming reasonable condition.
Market Place, Dereham, NR19 falls within the NR19 postal district, in the borough of Breckland.
Our Data Sources
24B, Market Place, Dereham has a single entry in the Land Registry from February 2021 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 1 out of 5 and is considered of low 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 24B, Market Place, Dereham, we estimate a market value of £133,871 and a rental value of £683 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £118,571 and £605 per month respectively.
Recent Market Change
Over the last year, 24B, Market Place, Dereham has seen its estimated sale value decline by £2,201 (1.7%) and its estimated rental value climb by £23 per month (3.5%). This results in an estimated gross rental yield of 6.1%.
Sold Prices
The most recent sale of 24B, Market Place, Dereham completed on 26th February 2021 at £115,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 11.4% over the period since February 2021.
- Sold Feb 2021£115,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24B, Market Place, Dereham have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th October 2021, was 3 Chapel Mews, Norwich Street, Dereham, NR19 1BX, a freehold house which sold for £125,000.
Read more about house prices in NR19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 44 addresses on Market Place, Dereham, NR19, 24B, Market Place, Dereham comes out as the 34th largest and the 19th most expensive in our analysis of the public data.
It is also £129k less expensive than the average property across the NR19 district.
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Schools Nearby
- 300mKing's Park Infant School, Dereham
- 300mDereham Church of England Infant and Nursery Academy
- 800mGrove House Infant and Nursery School
- 600mNorthgate High School
- 1.1kmDereham Neatherd High School
- 14.0kmReepham High School and College
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Public Transport Nearby
From 24B, Market Place, Dereham, the nearest station is Wymondham, 17.7 kilometres away.
- 17.7kmWymondham
- 19.2kmSpooner Row
- 19.5kmAttleborough
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
