Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
Teal Cottage, Melton Constable is recorded publicly as a modern freehold house across 1,431 ft2 of internal area, sitting on a 1,116 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Teal Cottage, Melton Constable is £616,420 and its rental estimate is £1,687 per month, given the available information and assuming reasonable condition.
Holt Road, Edgefield, Melton Constable, NR24 falls within the NR24 postal district, in the borough of North Norfolk.
Teal Cottage, Melton Constable has a single entry in the Land Registry from October 2018 and a single entry in the EPC database dated June 2018.
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.
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 Teal Cottage, Melton Constable, we estimate a market value of £647,241 and a rental value of £1,772 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £573,271 and £1,569 per month respectively.
Over the last year, Teal Cottage, Melton Constable has seen its estimated sale value decrease by £15,467 (2.5%) and its estimated rental value grow by £35 per month (2.1%). This results in an estimated gross rental yield of 3.3%.
HM Land Registry records the plot of land for Teal Cottage, Melton Constable as measuring 1,116 m2.
That makes it the largest plot in the postcode, where all 3 other houses have recorded plot data.
Teal Cottage, Melton Constable has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jun 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
The most recent sale of Teal Cottage, Melton Constable completed on 17th October 2018 at £525,000 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 27.3% over the period since October 2018.
Over the past 2 years 3 properties similar to Teal Cottage, Melton Constable have sold within a radius of 4.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th April 2019, was Potters Barn, Holt Road, Melton Constable, NR24 2RR, a freehold house which sold for £330,000.
Read more about house prices in NR24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 50 addresses on Holt Road, Edgefield, Melton Constable, NR24, Teal Cottage, Melton Constable comes out as the 27th largest and the 17th most expensive in our analysis of the public data.
It is also £178k more expensive than the average property across the NR24 district.
From Teal Cottage, Melton Constable, the nearest station is Sheringham, 10.3 kilometres away.
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 Teal Cottage, Melton Constable, 53.3% of property is privately owned outright and 18.1% 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 Teal Cottage, Melton Constable, 10.9% of residents are recorded as possessing school level qualifications and 32.4% 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 Teal Cottage, Melton Constable, the average age was 49.9 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 Teal Cottage, Melton Constable, 0.0% 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 Teal Cottage, Melton Constable, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
