8, Holly Close
8, Holly Close
Description & Estimates
8, Holly Close, Downham Market is recorded publicly as a mid-century freehold house across 871 ft2 of internal area, sitting on a 596 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Holly Close, Downham Market is £312,094 and its rental estimate is £1,287 per month, given the available information and assuming reasonable condition.
Holly Close, Downham Market, PE38 falls within the PE38 postal district, in the borough of King's Lynn and West Norfolk.
Our Data Sources
8, Holly Close, Downham Market has 31 entries in the Land Registry , most recently in June 2019 and a single entry in the EPC database dated February 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 8, Holly Close, Downham Market, we estimate a market value of £327,699 and a rental value of £1,351 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £290,247 and £1,197 per month respectively.
Recent Market Change
Over the last year, 8, Holly Close, Downham Market has seen its estimated sale value decline by £5,019 (1.6%) and its estimated rental value climb by £29 per month (2.3%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 8, Holly Close, Downham Market as measuring 596 m2.
That makes it the 2nd largest plot in the postcode, where 6 of the 9 other houses have recorded plot data.
Energy Efficiency
8, Holly Close, Downham Market has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Feb 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 8, Holly Close, Downham Market completed on 7th June 2019 at £275,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 22.0% over the period since June 2019.
- Sold Jun 2019£275,000
- Sold Apr 2006£179,995
- Sold Jun 1997£66,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Holly Close, Downham Market have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th February 2025, was 51, Willow Road, Downham Market, PE38 9PG, a freehold house which sold for £320,000.
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 9 addresses on Holly Close, Downham Market, PE38, 8, Holly Close, Downham Market comes out as the 5th largest and the most expensive in our analysis of the public data.
It is also £33k more expensive than the average property across the PE38 district.
More reading links
Schools Nearby
- 200mNelson Academy
- 1.3kmDownham Market, Hillcrest Primary School
- 1.7kmWimbotsham and Stow Academy
- 1.1kmDownham Market Academy
- 15.0kmThomas Clarkson Academy
- 15.3kmIceni Secondary Academy
More reading links
Public Transport Nearby
From 8, Holly Close, Downham Market, the nearest station is Downham Market, 700 metres away.
- 700mDownham Market
- 7.3kmWatlington
- 16.3kmKings Lynn
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
