12, Otter Close
12, Otter Close
Description & Estimates
According to the public record, 12, Otter Close, Downham Market is a modern Leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Otter Close, Downham Market is £116,284 and the estimated rental value is £672 per month.
Otter Close, Downham Market, PE38 is located in the borough of King's Lynn and West Norfolk within the PE38 postal district.
Our Data Sources
12, Otter Close, Downham Market has 3 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated May 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 12, Otter Close, Downham Market is in very good condition we estimate a sale value of £122,098 and a rental value of £706 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £108,144 and a rental value of £625 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 12, Otter Close, Downham Market has grown by £27 (0.0%), while its estimated rental value has climbed by £24 per month (3.6%). Based on current estimates, the property offers a gross rental yield of 6.9%.
Energy Efficiency
12, Otter Close, Downham Market has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 May 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Room heaters, electric.
Sold Prices
According to HM Land Registry, 12, Otter Close, Downham Market was last sold on 22nd November 2023 for £117,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2023, the market for similar properties has dropped by 3.6%.
- Sold Nov 2023£117,500
- Sold Sep 2017£98,000
- Sold Apr 2007£86,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Otter Close, Downham Market within a radius of 830 metres over the last 2 years.
The most recent example is 9, Otter Close, Downham Market, PE38 9HB, a leasehold flat which sold for £114,500 on the 31st March 2025.
Read more about house prices in PE38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Otter Close, Downham Market, PE38 has a total of 18 addresses. According to our analysis of all the public data, 12, Otter Close, Downham Market is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in PE38.
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Schools Nearby
- 500mNelson Academy
- 1.7kmDownham Market, Hillcrest Primary School
- 2.0kmWimbotsham and Stow Academy
- 1.5kmDownham Market Academy
- 14.6kmThomas Clarkson Academy
- 15.0kmThe Wisbech Academy
More reading links
Public Transport Nearby
The closest station to 12, Otter Close, Downham Market is Downham Market station, which is 400 metres away.
- 400mDownham Market
- 7.3kmWatlington
- 16.4kmKings Lynn
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
