2, Rouses Lane
2, Rouses Lane
Description & Estimates
2, Rouses Lane, Downham Market is recorded publicly as a mid-century freehold house across 1,466 ft2 of internal area, sitting on a 936 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Rouses Lane, Downham Market is £369,268 and its rental estimate is £1,496 per month, given the available information and assuming reasonable condition.
Rouses Lane, Downham Market, PE38 falls within the PE38 postal district, in the borough of King's Lynn and West Norfolk.
Our Data Sources
2, Rouses Lane, Downham Market has 2 entries in the Land Registry , most recently in October 2012 and a single entry in the EPC database dated January 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Rouses Lane, Downham Market, we estimate a market value of £387,731 and a rental value of £1,571 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £343,419 and £1,391 per month respectively.
Recent Market Change
Over the last year, 2, Rouses Lane, Downham Market has seen its estimated sale value fall by £12,844 (3.5%) and its estimated rental value move up by £9 per month (0.6%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 2, Rouses Lane, Downham Market as measuring 936 m2.
That makes it the largest plot in the postcode, where 5 of the 6 other houses have recorded plot data.
Energy Efficiency
2, Rouses Lane, Downham Market has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jan 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Rouses Lane, Downham Market completed on 12th October 2012 at £280,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 57.5% over the period since October 2012.
- Sold Oct 2012£280,000
- Sold Sep 2009£182,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Rouses Lane, Downham Market have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th February 2023, was 52, Howdale Road, Downham Market, PE38 9AH, a freehold house which sold for £450,000.
Read more about house prices in PE38.
- Sold Feb 2023£450,000 | 4 Bed House52, Howdale Road, Downham Market, PE38 9AH52, Howdale Road, Downham Market, PE38 9AH
- Sold Feb 2021£325,000 | 4 Bed House68A, Bexwell Road, Downham Market, PE38 9LH68A, Bexwell Road, Downham Market, PE38 9LH
- Sold Feb 2021£315,000 | 4 Bed House89, Bexwell Road, Downham Market, PE38 9LJ89, Bexwell Road, Downham Market, PE38 9LJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 6 addresses on Rouses Lane, Downham Market, PE38, 2, Rouses Lane, Downham Market comes out as the 2nd largest and the most expensive in our analysis of the public data.
It is also £90k more expensive than the average property across the PE38 district.
More reading links
Schools Nearby
- 600mDownham Market, Hillcrest Primary School
- 1.0kmNelson Academy
- 1.3kmDenver Voluntary Controlled Primary School
- 400mDownham Market Academy
- 14.1kmIceni Secondary Academy
- 16.1kmThomas Clarkson Academy
More reading links
Public Transport Nearby
From 2, Rouses Lane, Downham Market, the nearest station is Downham Market, 1.5 kilometres away.
- 1.5kmDownham Market
- 8.0kmWatlington
- 16.1kmLittleport
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
