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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat 17, The Maltings, Dereham is recorded publicly as a modern leasehold apartment across 258 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 17, The Maltings, Dereham is £70,828 and its rental estimate is £390 per month, given the available information and assuming reasonable condition.
The Maltings, Gressenhall is a residential building on Gressenhall, Dereham, NR19 and falls within the NR19 postal district and the borough of Breckland.
Flat 17, The Maltings, Dereham has 41 entries in the Land Registry , most recently in October 2020 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 5 out of 5 and is considered of high accuracy.
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 Flat 17, The Maltings, Dereham, we estimate a market value of £74,369 and a rental value of £410 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £65,870 and £363 per month respectively.
Over the last year, Flat 17, The Maltings, Dereham has seen its estimated sale value fall by £1,075 (1.5%) and its estimated rental value move up by £15 per month (3.8%). This results in an estimated gross rental yield of 6.6%.
Flat 17, The Maltings, Dereham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 May 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of Flat 17, The Maltings, Dereham completed on 2nd October 2020 at £62,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 19.9% over the period since October 2020.
Over the past 2 years 2 properties similar to Flat 17, The Maltings, Dereham have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th July 2022, was Flat 8, The Maltings, Dereham, NR19 2UH, a leasehold flat which sold for £80,000.
Read more about house prices in NR19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 181 addresses on Gressenhall, Dereham, NR19, Flat 17, The Maltings, Dereham comes out as the 178th largest and the 178th most expensive in our analysis of the public data.
It is also £186k less expensive than the average property across the NR19 district.
From Flat 17, The Maltings, Dereham, the nearest station is Wymondham, 17.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 17, The Maltings, Dereham, 40.4% of property is socially rented and 37.0% is privately rented.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 17, The Maltings, Dereham, 8.7% of residents are recorded as possessing school level qualifications and 20.3% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 17, The Maltings, Dereham, the average age was 43.4 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 17, The Maltings, Dereham, 0.9% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 17, The Maltings, Dereham, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
