8, Reid Way
8, Reid Way
Description & Estimates
According to the public record, 8, Reid Way, King's Lynn is a mid-century apartment with 613 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 8, Reid Way, King's Lynn is £94,983 and the estimated rental value is £558 per month.
Reid Way, King's Lynn, PE30 is located in the borough of King's Lynn and West Norfolk within the PE30 postal district.
Our Data Sources
8, Reid Way, King's Lynn has no records in the the Land Registry and a single entry in the EPC database dated April 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 8, Reid Way, King's Lynn is in very good condition we estimate a sale value of £99,732 and a rental value of £586 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £88,334 and a rental value of £519 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Reid Way, King's Lynn has moved down by £552 (0.6%), while its estimated rental value has increased by £21 per month (3.8%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Energy Efficiency
8, Reid Way, King's Lynn has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Reid Way, King's Lynn within a radius of 670 metres over the last 2 years.
The most recent example is 22, Reid Way, King's Lynn, PE30 2LL, a leasehold flat which sold for £95,000 on the 12th January 2024.
Read more about house prices in PE30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Reid Way, King's Lynn, PE30 has a total of 85 addresses. According to our analysis of all the public data, 8, Reid Way, King's Lynn is the 39th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in PE30.
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Schools Nearby
- 900mGreenpark Academy
- 1.1kmHighgate Infant School
- 1.3kmGaywood Primary School
- 1.2kmKing Edward VII Academy
- 1.4kmSpringwood High School
- 1.7kmKing's Lynn Academy
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Public Transport Nearby
The closest station to 8, Reid Way, King's Lynn is Kings Lynn station, which is 1.7 kilometres away.
- 1.7kmKings Lynn
- 10.7kmWatlington
- 18.4kmDownham Market
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
