3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU

Detached
4
1722 sq ft
2.6%
PROPERTY VALUATION
£
Last sold: June 2021
INVESTMENT PERFORMANCE
Investment return: 4.3% per year throughout 2004 - 2021
PRICE CHANGE
£15,000
Percentage change: +2.6%
REFINE VALUATION

Property summary Last updated: 03/05/2024

Last updated: 03/05/2024

3 Beetley Meadows, Beetley is a 4 bedroom detached house spread over 1,722 square feet, making it one of the bigger properties here - it is ranked as the most expensive property* in NR20 4UU, with a valuation of £595,000.

Since it last sold in June 2021 for £580,000, its value has increased by £15,000.

3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Dereham (1 of 21 - keep reading for more)

We expect this property to be in a reasonable condition based on its price per square foot.

  • The latest sale in NR20 4UU went for £580k on 28 Jun 2021.
  • The average current property value here is £539,000.
  • Only one property has sold in NR20 4UU over the last 5 years.
  • 28 detached houses have sold at an average price of £380,000 in NR20 4 over the last 12 months.
  • Detached houses have been selling for £345 per square foot across NR20 4.
Recent sales
Searching for recent sales near here

Expected property condition

At a sale price of £595k, we expect this property to be in a similar condition to the neighbouring properties in the road.

As it has a similar cost per square foot to the other properties in the road, we think it is in likely to be in a reasonable decorative condition.

At a valuation of £595k this property has a cost per square foot of £345 - this is comparable with the average for properties for the area (which is currently £326).

If we valued this property using the average cost per square foot (CPSF):

  • Using the average CPSF for properties just in the postcode - it would be worth £561k.

The local market - Beetley Meadows, NR20 4UU

  • The average property value here is £539,000.
    • Valuations range from £492,000 to £595,000.
2.6%
This property has increased in price by 2.6% since it last sold 2 years ago.
10%
This property is 10% more expensive than average in Beetley Meadows, NR20 4UU.

Sale history

The most paid for a property in Beetley Meadows, NR20 4UU was £580,000 in 2021.

Date Price Change
Today's value* £595,000 2.6%
28 Jun 2021 £580,000 103.5%
13 Jul 2004 £285,000 91.3%
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU

Valuation details

The most likely sale price is £595,000 but at the lower end we think it should fetch a minimum of £568,000.

This property has increased in price by £15,000 since it last sold in 2021 - this equates to a 0.9% rise each year.

At its last energy performance certificate inspection, it got a below average rating for this postcode with a score of 63 out of 100.

On a cost per square foot basis, this property is valued at 6% more than the other houses in this postcode.

Essential info

  • 4 bedroom freehold detached house
  • 1,722 square feet
  • 3% bigger than the average property in this postcode
  • 10% more expensive than the average here

This property is currently valued at £345 per square foot - the average cost per square foot for this postcode is £326.

A higher cost per square foot can indicate that the property is in a better condition than the other properties or that it has a bigger garden (for more information see our valuation review) of this property.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £684,000.

Essential buying details

  • Built between 1996 and 2002, the property has sold three times over the last 29 years.

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £568k and £622k.

  • The property turned out to be a reasonably good investment for the previous owner - returning on average 4.3% per annum.

Investment Performance
Annual change: 4.3%

The previous owner had the property for 16 years, having purchased it in July 2004 for £285,000.

During this time, the price rose by £295,000 (103.5%), which equates to it increasing in value by 4.3% each year.

The property turned out to be a reasonably good investment for the previous owner.

PropertyValuation
2 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU 2 Beetley Meadows, Beetley
4 bed | 1658 sq. ft.
£492,000
5 Beetley Meadows, Beetley
£501,000
1 Beetley Meadows, Beetley
1647 sq.ft.
£542,000
4 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU 4 Beetley Meadows, Beetley
4 bed | 1690 sq. ft.
£567,000
3 Beetley Meadows, Beetley, Dereham, Breckland, Norfolk, NR20 4UU 3 Beetley Meadows, Beetley
4 bed | 1722 sq. ft.
£595,000
OFFERS EXPECTED TO BE IN THE REGION OF:
£568k - £622k

Most likely sale price: £595k

Tell us about the condition of the property to get a more accurate valuation.

Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.

The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.

In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.

If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.

A number of things can make a property more desirable and sell for more money per square foot than others in the area.

Some of the things that can cause a property to be worth more per square foot include:

  • Good school catchment area
  • Good transport links
  • Bigger garden
  • Offstreet parking and garages
  • High quality architectural designs (a.k.a pretty houses!)
  • Good quality home improvements

We use multiple data sources to provide reliable property information to you.

Some of the data sources we use are:

  • HM Land Registry
  • Ordnance Survey
  • Department for Levelling Up, Housing & Communities
  • Royal Mail
  • Estate agents
  • Property listings

* Excluding properties that we've been unable to calculate a valuation for.

** Excludes property transactions that occurred before 1995.

Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.

The latest HM Land registry data covers property transactions up until 31/03/2024 - this was released on the 29/04/2024.