According to the public record, 5A, Friarscroft Lane, Wymondham is a modern leasehold apartment and with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 5, Friarscroft Lane, Wymondham, NR18.
Friarscroft Lane, Wymondham, NR18 is located in the borough of South Norfolk within the NR18 postal district.
5A, Friarscroft Lane, Wymondham has 2 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated May 2018.
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 reasonable condition, we estimate the current sale value for 5A Friarscroft Lane Wymondham as £134,668 and the rental value as £693 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 5A Friarscroft Lane Wymondham has increased by £6,690 (5.0%) and its rental value has increased by £23 per month (3.3%).
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 5A, Friarscroft Lane, Wymondham is in very good condition we estimate a sale value of £141,402 and rental value of £728 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,242 and a rental value of £645 per month.
If you were able to purchase this property for the estimated value of £134,668, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £662 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, 5A, Friarscroft Lane, Wymondham was last sold on 04 May 2021 for £122,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2021, the market for similar properties has risen 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5A, Friarscroft Lane, Wymondham within a radius of 433m over the last 2 years.
The most recent example is 4, Middleton Court, Wymondham, NR18 0BL, a Leasehold flat which sold for £90,000 in Oct 2021.
Read more about house prices in NR18.
Friarscroft Lane, Wymondham, NR18 has a total of 44 addresses. According to our analysis of all the public data, 5A, Friarscroft Lane, Wymondham is the 29th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £191k less expensive than the average property in NR18.
5A, Friarscroft Lane, Wymondham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 May 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 5A, Friarscroft Lane, 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 5A, Friarscroft Lane, Wymondham, 36.8% of property is privately owned outright and 28.0% 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 5A, Friarscroft Lane, Wymondham, 14.0% of residents are recorded as possessing school level qualifications and 45.4% 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 5A, Friarscroft Lane, 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 5A, Friarscroft Lane, Wymondham, 1.9% 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 5A, Friarscroft Lane, Wymondham, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.