According to the public record, 2, The Laurels, Great Yarmouth is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,090 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
The Laurels, Hopton, Great Yarmouth, NR31 is located in the borough of Great Yarmouth within the NR31 postal district.
2, The Laurels, Great Yarmouth has 41 entries in the Land Registry database, most recently in December 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 The Laurels Great Yarmouth as £256,115 and the rental value as £951 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 2 The Laurels Great Yarmouth has increased by £2,623 (1.0%) and its rental value has increased by £24 per month (2.5%).
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, The Laurels, Great Yarmouth is in very good condition we estimate a sale value of £268,921 and rental value of £998 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,187 and a rental value of £884 per month.
If you were able to purchase this property for the estimated value of £256,115, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,259 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, The Laurels, Great Yarmouth was last sold on 15 Dec 2006 for £138,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Laurels, Great Yarmouth within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 12, Mariners Park Close, Great Yarmouth, NR31 9DQ, a Freehold house which sold for £254,000 in Jan 2024.
Read more about house prices in NR31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Laurels, Hopton, Great Yarmouth, NR31 has a total of 28 addresses. According to our analysis of all the public data, 2, The Laurels, Great Yarmouth is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £28k more expensive than the average property in NR31.
The closest station to 2, The Laurels, Great Yarmouth is Somerleyton station which is 5.8 kilometres 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, The Laurels, Great Yarmouth, 44.0% of property is privately owned outright and 31.0% is privately owned with a mortgage.
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, The Laurels, Great Yarmouth, 11.7% of residents are recorded as possessing school level qualifications and 13.9% 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, The Laurels, Great Yarmouth, the average age was 44.4 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 2, The Laurels, Great Yarmouth, 1.7% 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, The Laurels, Great Yarmouth, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.