5, Old Town Close
5, Old Town Close
Description & Estimates
According to the public record, 5, Old Town Close, Downham Market is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Old Town Close, Downham Market is £146,287 and the estimated rental value is £795 per month.
Old Town Close, Downham Market, PE38 is located in the borough of King's Lynn and West Norfolk within the PE38 postal district.
Our Data Sources
5, Old Town Close, Downham Market has a single entry in the Land Registry from August 2017 and a single entry in the EPC database dated March 2015.
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
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 Town Close, Downham Market is in very good condition we estimate a sale value of £153,601 and a rental value of £835 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,047 and a rental value of £740 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Old Town Close, Downham Market has fallen by £641 (0.4%), while its estimated rental value has moved up by £27 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 6.5%.
Energy Efficiency
5, Old Town Close, Downham Market has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Mar 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 5, Old Town Close, Downham Market was last sold on 3rd August 2017 for £135,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2017, the market for similar properties has risen by 15.5%.
- Sold Aug 2017£135,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Old Town Close, Downham Market within a radius of 590 metres over the last 2 years.
The most recent example is 2, Old Town Close, Downham Market, PE38 9HJ, a leasehold flat which sold for £150,000 on the 12th February 2026.
Read more about house prices in PE38.
- Sold Feb 2026£150,000 | 2 Bed Flat2, Old Town Close, Downham Market, PE38 9HJ2, Old Town Close, Downham Market, PE38 9HJ
- Sold Mar 2025£142,500 | 2 Bed Flat17, Old Town Close, Downham Market, PE38 9HJ17, Old Town Close, Downham Market, PE38 9HJ
- Sold Jul 2022£150,000 | 2 Bed Flat1, Old Town Close, Downham Market, PE38 9HJ1, Old Town Close, Downham Market, PE38 9HJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Old Town Close, Downham Market, PE38 has a total of 17 addresses. According to our analysis of all the public data, 5, Old Town Close, Downham Market is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in PE38.
More reading links
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
The closest station to 5, Old Town Close, Downham Market is Downham Market station, which is 800 metres away.
- 800mDownham Market
- 7.7kmWatlington
- 16.2kmLittleport
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
