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In this area, houses of this size normally have 3 bedrooms with a garden.
Homelea, Great Yarmouth has an estimated sale value of £319,113 and an estimated rental value of £1,139 per month, assuming reasonable condition and based on the information available.
Main Road, Ormesby, Great Yarmouth, NR29 lies in the borough of Great Yarmouth, within the NR29 postal district.
Homelea, Great Yarmouth has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate Homelea, Great Yarmouth would be worth £335,069, with a potential rental value of £1,196 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £296,775, with a rental value of £1,059 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Homelea, Great Yarmouth has moved down by £1,669 (0.5%) over the last year. During the same period, its estimated monthly rental value has increased by £37 (3.2%). The property's estimated gross yield is currently 4.3%.
Homelea, Great Yarmouth occupies a 514 m2 plot as recorded by HM Land Registry.
Of the 26 other houses in this postcode, 17 have recorded plot sizes, and this one ranks as the 14th largest.
Homelea, Great Yarmouth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Homelea, Great Yarmouth last changed hands on 20th July 2023, selling for £200,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 5.0% since July 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.6 kilometres of Homelea, Great Yarmouth across the last 2 years.
Most recently, Manor View, Main Road, Great Yarmouth, NR29 3LN, a freehold house, sold at £330,000 on the 30th September 2021.
Read more about house prices in NR29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Homelea, Great Yarmouth as the 52nd largest and the 46th most expensive of the 82 addresses on Main Road, Ormesby, Great Yarmouth, NR29.
Against the NR29 postcode district average, it is £15k more expensive than the typical property.
Great Yarmouth station is the nearest stop to Homelea, Great Yarmouth at 7.8 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Homelea, Great Yarmouth, 54.2% of property is privately owned outright and 29.8% is privately owned with a mortgage.
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 Homelea, Great Yarmouth, 15.4% of residents are recorded as possessing school level qualifications and 15.0% 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 Homelea, Great Yarmouth, the average age was 49.6 and the most common age was 72.
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 Homelea, Great Yarmouth, 0.6% 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 Homelea, Great Yarmouth, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.