Driftwood, Dereham
Driftwood, Dereham
Description & Estimates
According to the public record, Driftwood, Dereham is a freehold house that sits on a 823 m2 plot.
By comparing it to neighbours, we estimate that it is a modern house with 893 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Driftwood, Dereham is £401,688 and the estimated rental value is £1,353 per month.
The Drift, Gressenhall, Dereham, NR20 is located in the borough of Breckland within the NR20 postal district.
Our Data Sources
Driftwood, Dereham has a single entry in the Land Registry from December 2007 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
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 Driftwood, Dereham is in very good condition we estimate a sale value of £421,773 and a rental value of £1,420 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £373,570 and a rental value of £1,258 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Driftwood, Dereham has moved down by £6,684 (1.7%), while its estimated rental value has increased by £44 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 4.0%.
Plot Size
According to data from HM Land Registry, Driftwood, Dereham sits on a plot of 823 m2.
We have plot size data on 5 out of 5 other houses in the postcode and Driftwood, Dereham sits on the 5th largest plot.
Sold Prices
According to HM Land Registry, Driftwood, Dereham was last sold on 17th December 2007 for £165,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2007, the market for similar properties has risen by 46.4%.
- Sold Dec 2007£165,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Driftwood, Dereham within a radius of 3.7 kilometres over the last 2 years.
The most recent example is 16, Elmham Road, Dereham, NR20 4BW, a freehold house which sold for £340,000 on the 10th July 2023.
Read more about house prices in NR20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
The Drift, Gressenhall, Dereham, NR20 has a total of 5 addresses. According to our analysis of all the public data, Driftwood, Dereham is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £66k more expensive than the average property in NR20.
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Schools Nearby
- 1.4kmSt Mary's Community Primary School, Beetley
- 4.3kmScarning Voluntary Controlled Primary School
- 4.4kmKing's Park Infant School, Dereham
- 4.0kmNorthgate High School
- 5.3kmDereham Neatherd High School
- 14.5kmReepham High School and College
More reading links
Public Transport Nearby
The closest station to Driftwood, Dereham is Wymondham station, which is 22.1 kilometres away.
- 22.1kmWymondham
- 23.5kmSpooner Row
- 23.7kmAttleborough
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
