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According to the public record, 3A, Tower Place, King's Lynn is a modern Leasehold apartment with 543 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 3A, Tower Place, King's Lynn is £67,676 and the estimated rental value is £413 per month.
The apartment is within 3, Tower Place, King's Lynn, PE30.
Tower Place, King's Lynn, PE30 is located in the borough of King's Lynn and West Norfolk within the PE30 postal district.
3A, Tower Place, King's Lynn has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated March 2018.
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.
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 3A, Tower Place, King's Lynn is in very good condition we estimate a sale value of £71,060 and a rental value of £434 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £62,939 and a rental value of £384 per month.
Over the last 12 months the sale value of 3A Tower Place King's Lynn has decreased by an estimated £393 (0.6%) and its rental value has increased by an estimated £16 per month (3.8%), giving an expected gross yield of 7.3%.
3A, Tower Place, King's Lynn has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Mar 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Electric storage heaters, radiators.
According to HM Land Registry, 3A, Tower Place, King's Lynn was last sold on 29th October 2020 for £97,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2020, the market for similar properties has risen 25.0%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 3A, Tower Place, King's Lynn within a radius of 460 metres over the last 2 years.
The most recent example is Bedsit, Union House 1, Union Lane, King's Lynn, PE30 1XA, a leasehold flat which sold for £440,000 on the 4th October 2024.
Read more about house prices in PE30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tower Place, King's Lynn, PE30 has a total of 21 addresses. According to our analysis of all the public data, 3A, Tower Place, King's Lynn is the 17th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in PE30.
The closest station to 3A, Tower Place, King's Lynn is Kings Lynn station which is 500 metres 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 3A, Tower Place, King's Lynn, 46.5% of property is privately rented and 31.0% is socially rented.
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 3A, Tower Place, King's Lynn, 12.8% of residents are recorded as possessing school level qualifications and 26.0% 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 3A, Tower Place, King's Lynn, the average age was 39 and the most common age was 32.
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 3A, Tower Place, King's Lynn, 0.6% 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 3A, Tower Place, King's Lynn, there are an average of 0.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.