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Company No. 11113204
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According to the public record, 5, Old Mill Close, King's Lynn is a modern freehold house with 1,388 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Old Mill Close, King's Lynn is £279,665 and the estimated rental value is £1,356 per month.
Old Mill Close, Whittington, King's Lynn, PE33 is located in the borough of King's Lynn and West Norfolk within the PE33 postal district.
5, Old Mill Close, King's Lynn has a single entry in the Land Registry from February 2023 and a single entry in the EPC database dated May 2022.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5, Old Mill Close, King's Lynn is in very good condition we estimate a sale value of £293,648 and a rental value of £1,424 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,088 and a rental value of £1,261 per month.
Over the past 12 months, the estimated sale value of 5, Old Mill Close, King's Lynn has fallen by £9,727 (3.5%), while its estimated rental value has moved up by £8 per month (0.6%). Based on current estimates, the property offers a gross rental yield of 5.8%.
5, Old Mill Close, King's Lynn has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 May 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 5, Old Mill Close, King's Lynn was last sold on 1st February 2023 for £330,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2023, the market for similar properties has dropped by 7.4%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Old Mill Close, King's Lynn within a radius of 4.5 kilometres over the last 2 years.
The most recent example is 6, Old Mill Close, King's Lynn, PE33 9TR, a freehold house which sold for £335,000 on the 18th April 2023.
Read more about house prices in PE33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Mill Close, Whittington, King's Lynn, PE33 has a total of 18 addresses. According to our analysis of all the public data, 5, Old Mill Close, King's Lynn is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £233 more expensive than the average property in PE33.
The closest station to 5, Old Mill Close, King's Lynn is Downham Market station, which is 12.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Old Mill Close, King's Lynn, 43.9% of property is privately owned outright and 26.2% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5, Old Mill Close, King's Lynn, 16.1% of residents are recorded as possessing school level qualifications and 25.3% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, Old Mill Close, King's Lynn, the average age was 42.3 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5, Old Mill Close, King's Lynn, 1.2% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5, Old Mill Close, King's Lynn, there are an average of 2.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
