Southgate, Melton Constable
Southgate, Melton Constable
Description & Estimates
Southgate, Melton Constable is recorded publicly as a modern freehold house across 1,162 ft2 of internal area, sitting on a 440 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Southgate, Melton Constable is £465,228 and its rental estimate is £1,413 per month, given the available information and assuming reasonable condition.
Pecks Lane, Edgefield, Melton Constable, NR24 falls within the NR24 postal district, in the borough of North Norfolk.
Our Data Sources
Southgate, Melton Constable has a single entry in the Land Registry from February 2013 and a single entry in the EPC database dated June 2012.
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 Southgate, Melton Constable, we estimate a market value of £488,489 and a rental value of £1,483 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £432,662 and £1,314 per month respectively.
Recent Market Change
Over the last year, Southgate, Melton Constable has seen its estimated sale value decline by £7,289 (1.6%) and its estimated rental value climb by £47 per month (3.3%). This results in an estimated gross rental yield of 3.6%.
Plot Size
HM Land Registry records the plot of land for Southgate, Melton Constable as measuring 440 m2.
That makes it the 7th largest plot in the postcode, where all 7 other houses have recorded plot data.
Energy Efficiency
Southgate, Melton Constable has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jun 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Southgate, Melton Constable completed on 22nd February 2013 at £295,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 84.4% over the period since February 2013.
- Sold Feb 2013£295,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Southgate, Melton Constable have sold within a radius of 4.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th July 2024, was Ashendene, The Green, Melton Constable, NR24 2AL, a freehold house which sold for £460,000.
Read more about house prices in NR24.
- Sold Jul 2024£460,000 | 3 Bed HouseAshendene, The Green, Melton Constable, NR24 2ALAshendene, The Green, Melton Constable, NR24 2AL
- Sold Apr 2021£345,000 | 3 Bed HousePondside, The Green, Melton Constable, NR24 2ALPondside, The Green, Melton Constable, NR24 2AL
- Sold Oct 2017£370,000 | 3 Bed HouseLittle Orchard, Pecks Lane, Melton Constable, NR24 2RWLittle Orchard, Pecks Lane, Melton Constable, NR24 2RW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 7 addresses on Pecks Lane, Edgefield, Melton Constable, NR24, Southgate, Melton Constable comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £27k more expensive than the average property across the NR24 district.
More reading links
Schools Nearby
- 4.5kmCorpusty Primary School
- 4.6kmAstley Primary School
- 4.6kmHolt Community Primary School
- 9.7kmSheringham High School
- 12.0kmReepham High School and College
- 12.4kmAylsham High School
More reading links
Public Transport Nearby
From Southgate, Melton Constable, the nearest station is Sheringham, 10.6 kilometres away.
- 10.6kmSheringham
- 11.7kmWest Runton
- 13.7kmRoughton Road
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
