3, Merlin Way
3, Merlin Way
Description & Estimates
Public records show 3, Merlin Way, Downham Market to be a modern freehold house with 904 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Merlin Way, Downham Market has an estimated sale value of £301,546 and an estimated rental value of £1,310 per month, assuming reasonable condition and based on the information available.
Merlin Way, Downham Market, PE38 lies in the borough of King's Lynn and West Norfolk, within the PE38 postal district.
Our Data Sources
3, Merlin Way, Downham Market has a single entry in the Land Registry from May 2025 and a single entry in the EPC database dated April 2025.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 3, Merlin Way, Downham Market would be worth £316,623, with a potential rental value of £1,376 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £280,438, with a rental value of £1,219 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 3, Merlin Way, Downham Market has fallen by £33,137 (11.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £30 (2.3%). The property's estimated gross yield is currently 5.2%.
Energy Efficiency
3, Merlin Way, Downham Market has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Apr 2025.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Merlin Way, Downham Market last changed hands on 22nd May 2025, selling for £330,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 11.0% since May 2025.
- Sold May 2025£330,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 3, Merlin Way, Downham Market across the last 2 years.
Most recently, 1, Mosquito Drive, Downham Market, PE38 9FL, a freehold house, sold at £305,000 on the 30th June 2025.
Read more about house prices in PE38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 3, Merlin Way, Downham Market as the 11th largest and the 11th most expensive of the 12 addresses on Merlin Way, Downham Market, PE38.
Against the PE38 postcode district average, it is £22k more expensive than the typical property.
More reading links
Schools Nearby
- 800mWimbotsham and Stow Academy
- 900mDownham Market, Hillcrest Primary School
- 1.5kmNelson Academy
- 1.0kmDownham Market Academy
- 14.5kmIceni Secondary Academy
- 15.6kmKing's Lynn Academy
More reading links
Public Transport Nearby
Downham Market station is the nearest stop to 3, Merlin Way, Downham Market at 2.1 kilometres away.
- 2.1kmDownham Market
- 6.7kmWatlington
- 15.7kmKings Lynn
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
