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According to the public record, The Old School, Dereham is a period freehold house with 2,195 ft2 of internal area and sits on a 933 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for The Old School, Dereham is £579,231 and the estimated rental value is £1,834 per month.
Rectory Road, Elsing, Dereham, NR20 is located in the borough of Breckland within the NR20 postal district.
The Old School, Dereham has a single entry in the Land Registry from February 2017 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 3 out of 5 and is considered of medium 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 The Old School, Dereham is in very good condition we estimate a sale value of £608,192 and a rental value of £1,925 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £538,685 and a rental value of £1,705 per month.
Over the last 12 months the sale value of The Old School Dereham has decreased by an estimated £22,702 (3.9%) and its rental value has increased by an estimated £24 per month (1.3%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, The Old School, Dereham sits on a plot of 933m2.
We have plot size data on 8 out of 10 other houses in the postcode and The Old School, Dereham sits on the 7th largest plot.
The Old School, Dereham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 17 Sep 2016.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, The Old School, Dereham was last sold on 3rd February 2017 for £345,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2017, the market for similar properties has risen 31.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Old School, Dereham within a radius of 4.1 kilometres over the last 2 years.
The most recent example is Hedgehog Cottage, Elsing Road, Norwich, NR9 5RR, a freehold house which sold for £620,000 on the 9th August 2024.
Read more about house prices in NR20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rectory Road, Elsing, Dereham, NR20 has a total of 12 addresses. According to our analysis of all the public data, The Old School, Dereham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £243k more expensive than the average property in NR20.
The closest station to The Old School, Dereham 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 The Old School, Dereham, 58.2% of property is privately owned outright and 25.5% 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 The Old School, Dereham, 18.8% of residents are recorded as possessing school level qualifications and 38.3% 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 The Old School, Dereham, the average age was 45.8 and the most common age was 57.
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 The Old School, Dereham, 0.8% 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 The Old School, Dereham, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.