4, Old Town Close
4, Old Town Close
Description & Estimates
Public records show 4, Old Town Close, Downham Market to be a modern leasehold apartment with 635 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
4, Old Town Close, Downham Market has an estimated sale value of £145,210 and an estimated rental value of £793 per month, assuming reasonable condition and based on the information available.
Old Town Close, Downham Market, PE38 lies in the borough of King's Lynn and West Norfolk, within the PE38 postal district.
Our Data Sources
4, Old Town Close, Downham Market has 21 entries in the Land Registry , most recently in July 2014 and a single entry in the EPC database dated February 2014.
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
In very good condition, we estimate 4, Old Town Close, Downham Market would be worth £152,470, with a potential rental value of £832 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £135,045, with a rental value of £737 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 4, Old Town Close, Downham Market has declined by £637 (0.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £27 (3.4%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
4, Old Town Close, Downham Market has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Feb 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
4, Old Town Close, Downham Market last changed hands on 18th July 2014, selling for £120,000. 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 39.5% since July 2014.
- Sold Jul 2014£120,000
- Sold May 2004£110,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of 4, Old Town Close, Downham Market across the last 2 years.
Most recently, 2, Old Town Close, Downham Market, PE38 9HJ, a leasehold flat, sold at £150,000 on the 12th February 2026.
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
Our analysis of the public data ranks 4, Old Town Close, Downham Market as the 13th largest and the 13th most expensive of the 17 addresses on Old Town Close, Downham Market, PE38.
Against the PE38 postcode district average, it is £134k less expensive than the typical property.
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Schools Nearby
- 300mNelson Academy
- 1.1kmDownham Market, Hillcrest Primary School
- 1.7kmDenver Voluntary Controlled Primary School
- 800mDownham Market Academy
- 14.8kmIceni Secondary Academy
- 15.4kmThomas Clarkson Academy
More reading links
Public Transport Nearby
Downham Market station is the nearest stop to 4, Old Town Close, Downham Market at 800 metres away.
- 800mDownham Market
- 7.7kmWatlington
- 16.2kmLittleport
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
