According to the public record, 2, Fairland Terrace, Wymondham is a modern freehold house and with 1,216 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Fairland Terrace, Wymondham, NR18 is located in the borough of South Norfolk within the NR18 postal district.
2, Fairland Terrace, Wymondham has a single entry in the Land Registry database from April 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 2 Fairland Terrace Wymondham as £304,247 and the rental value as £1,296 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 2 Fairland Terrace Wymondham has increased by £7,283 (2.4%) and its rental value has increased by £10 per month (0.8%).
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 2, Fairland Terrace, Wymondham is in very good condition we estimate a sale value of £319,459 and rental value of £1,361 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,949 and a rental value of £1,206 per month.
If you were able to purchase this property for the estimated value of £304,247, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,495 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 2, Fairland Terrace, Wymondham was last sold on 29 Apr 2022 for £325,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Fairland Terrace, Wymondham within a radius of 291m over the last 2 years.
The most recent example is 25A, Back Lane, Wymondham, NR18 0QB, a Freehold house which sold for £305,000 in Jul 2023.
Read more about house prices in NR18.
Fairland Terrace, Wymondham, NR18 has a total of 4 addresses. According to our analysis of all the public data, 2, Fairland Terrace, Wymondham is the largest and the most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in NR18.
2, Fairland Terrace, Wymondham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 2, Fairland Terrace, Wymondham is Wymondham station which is 600 m away.
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 2, Fairland Terrace, Wymondham, 41.6% of property is privately rented and 23.7% is privately owned outright.
The graph below shows how this compares to Greater London 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 2, Fairland Terrace, Wymondham, 11.0% of residents are recorded as possessing school level qualifications and 30.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Fairland Terrace, Wymondham, the average age was 49.2 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 2, Fairland Terrace, Wymondham, 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 2, Fairland Terrace, Wymondham, 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.