22, Reid Way
22, Reid Way
Description & Estimates
Public records show 22, Reid Way, King's Lynn to be a mid-century leasehold apartment with 613 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
22, Reid Way, King's Lynn has an estimated sale value of £94,983 and an estimated rental value of £558 per month, assuming reasonable condition and based on the information available.
Reid Way, King's Lynn, PE30 lies in the borough of King's Lynn and West Norfolk, within the PE30 postal district.
Our Data Sources
22, Reid Way, King's Lynn has 2 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 22, Reid Way, King's Lynn would be worth £99,732, with a potential rental value of £586 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £88,334, with a rental value of £519 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 22, Reid Way, King's Lynn has decreased by £552 (0.6%) over the last year. During the same period, its estimated monthly rental value has grown by £21 (3.8%). The property's estimated gross yield is currently 7.0%.
Energy Efficiency
22, Reid Way, King's Lynn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 May 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
22, Reid Way, King's Lynn last changed hands on 12th January 2024, selling for £95,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 30.1% since January 2024.
- Sold Jan 2024£95,000
- Sold Mar 2007£65,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 680 metres of 22, Reid Way, King's Lynn across the last 2 years.
Most recently, 6 Hansa Court, Lubeck Road, King's Lynn, PE30 2HN, a leasehold flat, sold at £1,440,000 on the 28th January 2022.
Read more about house prices in PE30.
•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 22, Reid Way, King's Lynn as the 33rd largest and the 34th most expensive of the 85 addresses on Reid Way, King's Lynn, PE30.
Against the PE30 postcode district average, it is £133k less expensive than the typical property.
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Schools Nearby
- 900mGreenpark Academy
- 1.1kmHighgate Infant School
- 1.3kmGaywood Primary School
- 1.2kmKing Edward VII Academy
- 1.4kmSpringwood High School
- 1.7kmKing's Lynn Academy
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Public Transport Nearby
Kings Lynn station is the nearest stop to 22, Reid Way, King's Lynn at 1.7 kilometres away.
- 1.7kmKings Lynn
- 10.7kmWatlington
- 18.4kmDownham Market
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.
