2, Masefield Drive
2, Masefield Drive
Description & Estimates
2, Masefield Drive, Downham Market appears in the public record as a freehold house sitting on a 443 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,649 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 2, Masefield Drive, Downham Market is £387,290 and its rental estimate is £1,510 per month, given the available information and assuming reasonable condition.
Masefield Drive, Downham Market, PE38 falls within the PE38 postal district, in the borough of King's Lynn and West Norfolk.
Our Data Sources
2, Masefield Drive, Downham Market has 31 entries in the Land Registry , most recently in July 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Masefield Drive, Downham Market, we estimate a market value of £406,655 and a rental value of £1,586 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £360,180 and £1,404 per month respectively.
Recent Market Change
Over the last year, 2, Masefield Drive, Downham Market has seen its estimated sale value fall by £13,471 (3.5%) and its estimated rental value move up by £9 per month (0.6%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 2, Masefield Drive, Downham Market as measuring 443 m2.
That makes it the 7th largest plot in the postcode, where all 29 other houses have recorded plot data.
Sold Prices
The most recent sale of 2, Masefield Drive, Downham Market completed on 18th July 2008 at £280,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 51.7% over the period since July 2008.
- Sold Jul 2008£280,000
- Sold Dec 2001£169,950
- Sold Sep 2000£177,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Masefield Drive, Downham Market have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th January 2025, was 43, Civray Avenue, Downham Market, PE38 9QP, a freehold house which sold for £380,000.
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
Of the 29 addresses on Masefield Drive, Downham Market, PE38, 2, Masefield Drive, Downham Market comes out as the 6th largest and the 7th most expensive in our analysis of the public data.
It is also £108k more expensive than the average property across the PE38 district.
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Schools Nearby
- 400mDownham Market, Hillcrest Primary School
- 800mNelson Academy
- 1.7kmDenver Voluntary Controlled Primary School
- 200mDownham Market Academy
- 14.4kmIceni Secondary Academy
- 15.9kmThomas Clarkson Academy
More reading links
Public Transport Nearby
From 2, Masefield Drive, Downham Market, the nearest station is Downham Market, 1.4 kilometres away.
- 1.4kmDownham Market
- 7.6kmWatlington
- 16.5kmLittleport
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
