2, Alexandra Way
2, Alexandra Way
Description & Estimates
Public records show 2, Alexandra Way, Downham Market to be a modern freehold house with 592 ft2 of internal area, sitting on a 270 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
2, Alexandra Way, Downham Market has an estimated sale value of £224,761 and an estimated rental value of £1,068 per month, assuming reasonable condition and based on the information available.
Alexandra Way, Downham Market, PE38 lies in the borough of King's Lynn and West Norfolk, within the PE38 postal district.
Our Data Sources
2, Alexandra Way, Downham Market has 41 entries in the Land Registry , most recently in September 2020 and a single entry in the EPC database dated March 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 2, Alexandra Way, Downham Market would be worth £235,999, with a potential rental value of £1,121 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £209,028, with a rental value of £993 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Alexandra Way, Downham Market has fallen by £1,371 (0.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £41 (3.8%). The property's estimated gross yield is currently 5.7%.
Plot Size
2, Alexandra Way, Downham Market occupies a 270 m2 plot as recorded by HM Land Registry.
Of the 35 other houses in this postcode, 33 have recorded plot sizes, and this one ranks as the 29th largest.
Energy Efficiency
2, Alexandra Way, Downham Market has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Mar 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Alexandra Way, Downham Market last changed hands on 17th September 2020, selling for £192,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 3.2% since September 2020.
- Sold Sep 2020£192,000
- Sold Sep 2018£177,000
- Sold Dec 1996£49,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 800 metres of 2, Alexandra Way, Downham Market across the last 2 years.
Most recently, 17, Alexandra Way, Downham Market, PE38 9TF, a freehold house, sold at £237,500 on the 27th September 2024.
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
Our analysis of the public data ranks 2, Alexandra Way, Downham Market as the 28th largest and the 27th most expensive of the 35 addresses on Alexandra Way, Downham Market, PE38.
Against the PE38 postcode district average, it is £55k less expensive than the typical property.
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Schools Nearby
- 1.1kmNelson Academy
- 1.2kmDenver Voluntary Controlled Primary School
- 1.8kmDownham Market, Hillcrest Primary School
- 1.5kmDownham Market Academy
- 14.7kmIceni Secondary Academy
- 15.3kmThomas Clarkson Academy
More reading links
Public Transport Nearby
Downham Market station is the nearest stop to 2, Alexandra Way, Downham Market at 900 metres away.
- 900mDownham Market
- 8.5kmWatlington
- 15.4kmLittleport
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
