Fairfield, Melton Constable
Fairfield, Melton Constable
Description & Estimates
Fairfield, Melton Constable is recorded publicly as a modern freehold house across 1,915 ft2 of internal area, sitting on a 1,176 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Fairfield, Melton Constable is £691,945 and its rental estimate is £1,750 per month, given the available information and assuming reasonable condition.
Sands Loke, Edgefield, Melton Constable, NR24 falls within the NR24 postal district, in the borough of North Norfolk.
Our Data Sources
Fairfield, Melton Constable has 2 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated May 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.
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 Fairfield, Melton Constable, we estimate a market value of £726,543 and a rental value of £1,837 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £643,509 and £1,627 per month respectively.
Recent Market Change
Over the last year, Fairfield, Melton Constable has seen its estimated sale value decrease by £17,362 (2.5%) and its estimated rental value grow by £36 per month (2.1%). This results in an estimated gross rental yield of 3.0%.
Plot Size
HM Land Registry records the plot of land for Fairfield, Melton Constable as measuring 1,176 m2.
That makes it the largest plot in the postcode, where all 3 other houses have recorded plot data.
Energy Efficiency
Fairfield, Melton Constable has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 May 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
The most recent sale of Fairfield, Melton Constable completed on 20th October 2021 at £725,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 3.7% over the period since October 2021.
- Sold Oct 2021£725,000
- Sold May 2017£168,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Fairfield, Melton Constable have sold within a radius of 4.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd November 2023, was Belmont House, Sands Loke, Melton Constable, NR24 2RQ, a freehold house which sold for £665,000.
Read more about house prices in NR24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 3 addresses on Sands Loke, Edgefield, Melton Constable, NR24, Fairfield, Melton Constable comes out as the largest and the most expensive in our analysis of the public data.
It is also £254k more expensive than the average property across the NR24 district.
More reading links
Schools Nearby
- 4.4kmHolt Community Primary School
- 4.5kmAstley Primary School
- 4.7kmCorpusty Primary School
- 9.5kmSheringham High School
- 12.2kmReepham High School and College
- 12.6kmAylsham High School
More reading links
Public Transport Nearby
From Fairfield, Melton Constable, the nearest station is Sheringham, 10.5 kilometres away.
- 10.5kmSheringham
- 11.6kmWest Runton
- 13.7kmRoughton Road
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
