151 The Maltings, Dereham, NR19 2UU

UPRN:10011974275Purpose Built Flat1 bedsBuilt before 1900

LeaseholdCouncil Tax: Band AEPC: C (70)

Data freshness:Listing· freshPlanning· 4mo agoEPC· 5mo agoRisk· 2y agoCrime· freshAmenities· 1mo agoArea· Census 2021

Valuation estimateUpdated today

£79,000

Estimated value

Range: £76k - £83k|Last sold: £63k (2013-06-28)

Estimate of £79k for this purpose built flat. 237 sales in NR19 in the last 12 months; median £235k.

Estimate confidence

High confidence

Value History

Monthly AVM sale-value estimate

Current estimate

£79k

£76k - £83k - High confidence

Annualised (CAGR)

-3.03%

Over the full window

Peak estimate

£109k

Dec 2023

From peak

-27.52%

Drawdown from peak

AVM estimate (model)Repeat-sales index - NR19 district (quarterly)index YoY +2.81%

Growth by window

+11.27%

-8.14%

12m

-2.47%

24m

-24.76%

60m

-21.00%

Rental Market

Monthly

Estimated rent (pcm)

£400

/ month

Gross yield

6.86%

Rent ÷ asking price

Net yield

4.75%

Assumes ~31% running costs (not this property's)

Vacancy trend

12-month change

Market Metrics

6 live signals

Median Area Price

£235k

NR19 sales, last 12 months

12m Price Growth

-21.4%

NR19 median, Land Registry

Days on Market

77d

NR19 average

Sales & Yield

3 metrics

Transactions / 12m

237

NR19 sales

Area Gross Yield

6.23%

NR19 medians

Last Sold

£63k

2013-06-28

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

Asking Price£70,000
SDLT standard£0
SDLT BTL surcharge (5%)£3,500
Legal, survey + broker (assumed)£2,100
RefurbishmentNot costed
Total Cost (excl. refurb)£75,600

Funding

Deposit (25%)£17,500
Mortgage (75% LTV)£52,500
Interest Rate (assumed)5.25%
Mortgage TypeInterest Only
Cash Required£23,100

Monthly Returns

Monthly Rent (estimate)£400
Mortgage Payment (IO)-£230
Management (10%)-£40
Insurance (assumed)-£40
Maintenance (assumed)-£60
Monthly Cashflow, before lease costs (not stated)+£30

Capital Returns

5yr Property Value£74,780
5yr Capital Gain (1.33% pa, historical)+£4,780
5yr Cumulative Rent (net, before lease costs)+£16,483
Less mortgage interest-£13,800
5yr Total Return (before lease costs)+£7,464

Modelled on the live asking price. Assumed, as in the PDF report: 25% deposit, 5.25% interest-only mortgage, management 10% of rent, insurance £40/mo, maintenance £60/mo, legal, survey and broker £2,100. Refurbishment, voids and letting fees are not costed. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.

5-Year Projection

BTL · Interest Only

Year	Property Value	Equity	Cashflow (cumulative)	Total Return	ROI
Year 1	£70,931	£18,431	+£360	+£1,291	5.6%
Year 2	£71,874	£19,374	+£804	+£2,678	11.6%
Year 3	£72,830	£20,330	+£1,334	+£4,164	18.0%
Year 4	£73,799	£21,299	+£1,964	+£5,763	24.9%
Year 5	£74,780	£22,280	+£2,683	+£7,464	32.3%

Modelled on the live asking price. Capital growth 1.33% a year is the NR19 area's 5-year historical rate (Land Registry medians), not a forecast. Rent grows 2% a year (assumed); management is 10% of each year's rent. Mortgage held interest-only at 5.25% for 5 years. Refurbishment, voids and letting fees are not costed. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£23,100).

Price Forecast

No forecast available.

Demand & Supply

Median earnings (local authority)

Signal

2,320

Population

Signal

5.8%

Households Deprived

Upside Opportunities

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