8, Rope Walk
8, Rope Walk
Description & Estimates
8, Rope Walk, King's Lynn appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 1,619 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 8, Rope Walk, King's Lynn is £202,396 and its rental estimate is £1,021 per month, given the available information and assuming reasonable condition.
Rope Walk, King's Lynn, PE30 falls within the PE30 postal district, in the borough of King's Lynn and West Norfolk.
Our Data Sources
8, Rope Walk, King's Lynn has 31 entries in the Land Registry , most recently in December 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Rope Walk, King's Lynn, we estimate a market value of £212,515 and a rental value of £1,072 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £188,228 and £949 per month respectively.
Recent Market Change
Over the last year, 8, Rope Walk, King's Lynn has seen its estimated sale value move down by £8,589 (4.2%) and its estimated rental value increase by £2 per month (0.2%). This results in an estimated gross rental yield of 6.1%.
Sold Prices
The most recent sale of 8, Rope Walk, King's Lynn completed on 14th December 2007 at £162,000 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 119.2% over the period since December 2007.
- Sold Dec 2007£162,000
- Sold Nov 2003£100,000
- Sold Oct 1997£39,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Rope Walk, King's Lynn have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th March 2019, was 23, Lansdowne Street, King's Lynn, PE30 2AF, a freehold house which sold for £147,500.
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
Of the 11 addresses on Rope Walk, King's Lynn, PE30, 8, Rope Walk, King's Lynn comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £26k less expensive than the average property across the PE30 district.
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Schools Nearby
- 500mEastgate Academy
- 500mHighgate Infant School
- 800mGreenpark Academy
- 900mKing Edward VII Academy
- 1.3kmKing's Lynn Academy
- 2.1kmSpringwood High School
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Public Transport Nearby
From 8, Rope Walk, King's Lynn, the nearest station is Kings Lynn, 700 metres away.
- 700mKings Lynn
- 9.7kmWatlington
- 17.5kmDownham Market
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
