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Company No. 11113204
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According to the public record, 2, Old Mill Close, King's Lynn is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,177 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Old Mill Close, King's Lynn is £244,745 and the estimated rental value is £1,232 per month.
Old Mill Close, Whittington, King's Lynn, PE33 is located in the borough of King's Lynn and West Norfolk within the PE33 postal district.
2, Old Mill Close, King's Lynn has a single entry in the Land Registry from November 2021 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 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, Old Mill Close, King's Lynn is in very good condition we estimate a sale value of £256,983 and a rental value of £1,293 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,613 and a rental value of £1,145 per month.
Over the last 12 months the sale value of 2 Old Mill Close King's Lynn has decreased by an estimated £3,936 (1.6%) and its rental value has increased by an estimated £28 per month (2.3%), giving an expected gross yield of 6%.
According to HM Land Registry, 2, Old Mill Close, King's Lynn was last sold on 23rd November 2021 for £225,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2021, the market for similar properties has risen 14.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Old Mill Close, King's Lynn within a radius of 4.5 kilometres over the last 2 years.
The most recent example is 4, Old Mill Close, King's Lynn, PE33 9TR, a freehold house which sold for £225,000 on the 26th November 2021.
Read more about house prices in PE33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Mill Close, Whittington, King's Lynn, PE33 has a total of 18 addresses. According to our analysis of all the public data, 2, Old Mill Close, King's Lynn is the 8th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in PE33.
The closest station to 2, Old Mill Close, King's Lynn is Downham Market station which is 12.0 kilometres away.
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.
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, Old Mill Close, King's Lynn, 43.9% of property is privately owned outright and 26.2% is privately owned with a mortgage.
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, Old Mill Close, King's Lynn, 16.1% of residents are recorded as possessing school level qualifications and 25.3% 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, Old Mill Close, King's Lynn, the average age was 42.3 and the most common age was 52.
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, Old Mill Close, King's Lynn, 1.2% 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, Old Mill Close, King's Lynn, there are an average of 2.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
