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According to the public record, Flat 8, The Maltings is a modern leasehold apartment with 247 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 8, The Maltings is £69,598 and the estimated rental value is £405 per month.
The apartment is within The Maltings, Dereham, NR19.
Dereham, NR19 is located in the borough of Breckland within the NR19 postal district.
Flat 8, The Maltings has 51 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated September 2016.
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.
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 Flat 8, The Maltings is in very good condition we estimate a sale value of £73,078 and a rental value of £425 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,726 and a rental value of £377 per month.
Over the last 12 months the sale value of Flat 8 The Maltings has decreased by an estimated £1,327 (1.9%) and its rental value has increased by an estimated £14 per month (3.5%), giving an expected gross yield of 7%.
Flat 8, The Maltings has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Sep 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 8, The Maltings was last sold on 6th July 2022 for £80,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since July 2022, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 8, The Maltings within a radius of 580 metres over the last 2 years.
The most recent example is Flat 17, The Maltings, Dereham, NR19 2UH, a leasehold flat which sold for £62,000 on the 2nd October 2020.
Read more about house prices in NR19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dereham, NR19 has a total of 157 addresses. According to our analysis of all the public data, Flat 8, The Maltings is the 157th largest and the 157th most expensive property on the street.
When compared to the postcode district it is £187k less expensive than the average property in NR19.
The closest station to Flat 8, The Maltings is Wymondham station which is 17.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 8, The Maltings, 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 8, The Maltings, 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 8, The Maltings, 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 8, The Maltings, 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 8, The Maltings, 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.