Chestnut Lodge, Melton Constable
Chestnut Lodge, Melton Constable
Description & Estimates
The public record describes Chestnut Lodge, Melton Constable as a modern house with 1,184 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
Chestnut Lodge, Melton Constable has an estimated sale value of £456,558 and an estimated rental value of £1,348 per month, assuming reasonable condition and based on the information available.
Melton Park, Melton Constable, NR24 lies in the borough of North Norfolk, within the NR24 postal district.
Our Data Sources
Chestnut Lodge, Melton Constable has no records in the the Land Registry and a single entry in the EPC database dated August 2020.
We combine this information with public data 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
In very good condition, we estimate Chestnut Lodge, Melton Constable would be worth £479,386, with a potential rental value of £1,416 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £424,599, with a rental value of £1,254 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 Chestnut Lodge, Melton Constable has moved down by £7,153 (1.6%) over the last year. During the same period, its estimated monthly rental value has increased by £45 (3.3%). The property's estimated gross yield is currently 3.5%.
Energy Efficiency
Chestnut Lodge, Melton Constable has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.4 kilometres of Chestnut Lodge, Melton Constable across the last 2 years.
Most recently, Reading Room Cottage, The Street, Melton Constable, NR24 2QY, a freehold house, sold at £377,500 on the 28th March 2024.
Read more about house prices in NR24.
- Sold Mar 2024£377,500 | 3 Bed HouseThe StreetReading Room Cottage, The Street, Melton Constable, NR24 2QY
- Sold Jan 2024£525,000 | 3 Bed HouseDereham Road3 Bellevue Farm Barns, Dereham Road, Melton Constable, NR24 2QN
- Sold Aug 2015£312,500 | 3 Bed HouseDereham Road5 Bellevue Farm Barns, Dereham Road, Melton Constable, NR24 2QN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Chestnut Lodge, Melton Constable as the 30th largest and the 33rd most expensive of the 63 addresses on Melton Park, Melton Constable, NR24.
Against the NR24 postcode district average, it is £18k more expensive than the typical property.
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Schools Nearby
- 2.1kmAstley Primary School
- 6.3kmHindringham Church of England Primary School
- 6.6kmAll Saints Stibbard Church of England Primary Academy and Nursery
- 11.7kmFakenham Academy
- 12.1kmReepham High School and College
- 15.3kmSheringham High School
More reading links
Public Transport Nearby
Sheringham station is the nearest stop to Chestnut Lodge, Melton Constable at 16.3 kilometres away.
- 16.3kmSheringham
- 17.8kmWest Runton
- 20.3kmRoughton Road
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.
