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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Bailey Gate, King's Lynn is a mid-century freehold house with 1,076 ft2 of internal area and sits on a 105 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Bailey Gate, King's Lynn is £292,666 and the estimated rental value is £1,046 per month.
Bailey Gate, Castle Acre, King's Lynn, PE32 is located in the borough of King's Lynn and West Norfolk within the PE32 postal district.
2, Bailey Gate, King's Lynn has 3 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated May 2021.
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.
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 2, Bailey Gate, King's Lynn is in very good condition we estimate a sale value of £307,300 and a rental value of £1,099 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,180 and a rental value of £973 per month.
Over the last 12 months the sale value of 2 Bailey Gate King's Lynn has decreased by an estimated £7,062 (2.4%) and its rental value has increased by an estimated £35 per month (3.4%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 2, Bailey Gate, King's Lynn sits on a plot of 105m2.
We have plot size data on 5 out of 6 other houses in the postcode and 2, Bailey Gate, King's Lynn sits on the 4th largest plot.
2, Bailey Gate, King's Lynn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 May 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 2, Bailey Gate, King's Lynn was last sold on 30th September 2021 for £280,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2021, the market for similar properties has risen 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Bailey Gate, King's Lynn within a radius of 5.8 kilometres over the last 2 years.
The most recent example is 56, Foxes Meadow, King's Lynn, PE32 2AT, a freehold house which sold for £290,000 on the 25th January 2024.
Read more about house prices in PE32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bailey Gate, Castle Acre, King's Lynn, PE32 has a total of 6 addresses. According to our analysis of all the public data, 2, Bailey Gate, King's Lynn is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in PE32.
The closest station to 2, Bailey Gate, King's Lynn is Kings Lynn station which is 20.0 kilometres 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 2, Bailey Gate, King's Lynn, 52.9% of property is privately owned outright and 22.9% is privately rented.
The graph below shows how this compares to East of England 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 2, Bailey Gate, King's Lynn, 11.9% of residents are recorded as possessing school level qualifications and 47.2% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Bailey Gate, King's Lynn, the average age was 47.1 and the most common age was 57.
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 2, Bailey Gate, King's Lynn, 1.7% 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 2, Bailey Gate, King's Lynn, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
