28, Ravensway
28, Ravensway
Description & Estimates
28, Ravensway, Downham Market is recorded publicly as a modern freehold house across 1,743 ft2 of internal area, sitting on a 562 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 28, Ravensway, Downham Market is £458,910 and its rental estimate is £1,568 per month, given the available information and assuming reasonable condition.
Ravensway, Downham Market, PE38 falls within the PE38 postal district, in the borough of King's Lynn and West Norfolk.
Our Data Sources
28, Ravensway, Downham Market has 21 entries in the Land Registry , most recently in September 2019 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 28, Ravensway, Downham Market, we estimate a market value of £481,856 and a rental value of £1,646 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £426,787 and £1,458 per month respectively.
Recent Market Change
Over the last year, 28, Ravensway, Downham Market has seen its estimated sale value move down by £15,962 (3.5%) and its estimated rental value increase by £9 per month (0.6%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for 28, Ravensway, Downham Market as measuring 562 m2.
That makes it the 11th largest plot in the postcode, where 27 of the 29 other houses have recorded plot data.
Energy Efficiency
28, Ravensway, Downham Market has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Mar 2019.
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 28, Ravensway, Downham Market completed on 2nd September 2019 at £367,500 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 7.4% over the period since September 2019.
- Sold Sep 2019£367,500
- Sold Jan 1998£117,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 28, Ravensway, Downham Market have sold within a radius of 960 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th October 2024, was 11, Ravensway, Downham Market, PE38 0DB, a freehold house which sold for £435,000.
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 Ravensway, Downham Market, PE38, 28, Ravensway, Downham Market comes out as the 10th largest and the 7th most expensive in our analysis of the public data.
It is also £179k more expensive than the average property across the PE38 district.
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Schools Nearby
- 600mDenver Voluntary Controlled Primary School
- 1.4kmNelson Academy
- 1.4kmDownham Market, Hillcrest Primary School
- 1.2kmDownham Market Academy
- 14.0kmIceni Secondary Academy
- 15.7kmVista Academy Littleport
More reading links
Public Transport Nearby
From 28, Ravensway, Downham Market, the nearest station is Downham Market, 1.5 kilometres away.
- 1.5kmDownham Market
- 8.7kmWatlington
- 15.4kmLittleport
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.
