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According to the public record, 45B, Chapel Lane, Hunstanton is a modern leasehold apartment with 516 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 45B, Chapel Lane, Hunstanton is £157,032 and the estimated rental value is £764 per month.
The apartment is within 45, Chapel Lane, Ringstead, Hunstanton, PE36.
Chapel Lane, Ringstead, Hunstanton, PE36 is located in the borough of King's Lynn and West Norfolk within the PE36 postal district.
45B, Chapel Lane, Hunstanton has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 45B, Chapel Lane, Hunstanton is in very good condition we estimate a sale value of £164,884 and a rental value of £802 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,040 and a rental value of £711 per month.
Over the last 12 months the sale value of 45B Chapel Lane Hunstanton has decreased by an estimated £2,608 (1.7%) and its rental value has increased by an estimated £43 per month (5.6%), giving an expected gross yield of 5.8%.
45B, Chapel Lane, Hunstanton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jul 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, 45B, Chapel Lane, Hunstanton was last sold on 18th August 2023 for £176,670 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2023, the market for similar properties has dropped 36.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45B, Chapel Lane, Hunstanton within a radius of 700 metres over the last 2 years.
The most recent example is Flat 8, Harlequin House, Le Strange Terrace, Hunstanton, PE36 5AJ, a leasehold flat which sold for £62,000 on the 31st October 2022.
Read more about house prices in PE36.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chapel Lane, Ringstead, Hunstanton, PE36 has a total of 29 addresses. According to our analysis of all the public data, 45B, Chapel Lane, Hunstanton is the 26th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in PE36.
The closest station to 45B, Chapel Lane, Hunstanton is Kings Lynn station which is 21.3 kilometres away.
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 45B, Chapel Lane, Hunstanton, 46.1% of property is privately rented and 32.8% is privately owned outright.
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 45B, Chapel Lane, Hunstanton, 15.7% of residents are recorded as possessing school level qualifications and 25.0% 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 45B, Chapel Lane, Hunstanton, the average age was 55.5 and the most common age was 72.
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 45B, Chapel Lane, Hunstanton, 1.2% 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 45B, Chapel Lane, Hunstanton, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
