Flat 2, 50B
Flat 2, 50B
Description & Estimates
Public records show Flat 2, 50B, Railway Road, Downham Market to be a modern leasehold apartment with 409 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 2, 50B, Railway Road, Downham Market has an estimated sale value of £104,176 and an estimated rental value of £669 per month, assuming reasonable condition and based on the information available.
The apartment sits within 50B, Railway Road, Downham Market, PE38.
Railway Road, Downham Market, PE38 lies in the borough of King's Lynn and West Norfolk, within the PE38 postal district.
Our Data Sources
Flat 2, 50B, Railway Road, Downham Market has 2 entries in the Land Registry , most recently in August 2015 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, 50B, Railway Road, Downham Market would be worth £109,385, with a potential rental value of £702 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £96,884, with a rental value of £622 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, 50B, Railway Road, Downham Market has risen by £24 (0.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £24 (3.6%). The property's estimated gross yield is currently 7.7%.
Energy Efficiency
Flat 2, 50B, Railway Road, Downham Market has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 2, 50B, Railway Road, Downham Market last changed hands on 12th August 2015, selling for £83,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 35.4% since August 2015.
- Sold Aug 2015£83,500
- Sold Dec 2012£75,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 710 metres of Flat 2, 50B, Railway Road, Downham Market across the last 2 years.
Most recently, Flat B, 46, Railway Road, Downham Market, PE38 9EB, a leasehold flat, sold at £83,500 on the 26th October 2015.
Read more about house prices in PE38.
- Sold Oct 2015£83,500 | 1 Bed FlatFlat B, 46, Railway Road, Downham Market, PE38 9EBFlat B, 46, Railway Road, Downham Market, PE38 9EB
- Sold Dec 2012£75,000 | 1 Bed FlatFlat 1, 50B, Railway Road, Downham Market, PE38 9EBFlat 1, 50B, Railway Road, Downham Market, PE38 9EB
- Sold Dec 2012£75,000 | 1 Bed FlatFlat A, 48, Railway Road, Downham Market, PE38 9EBFlat A, 48, Railway Road, Downham Market, PE38 9EB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 2, 50B, Railway Road, Downham Market as the 76th largest and the 77th most expensive of the 83 addresses on Railway Road, Downham Market, PE38.
Against the PE38 postcode district average, it is £175k less expensive than the typical property.
More reading links
Schools Nearby
- 600mNelson Academy
- 1.6kmDownham Market, Hillcrest Primary School
- 1.8kmDenver Voluntary Controlled Primary School
- 1.3kmDownham Market Academy
- 14.9kmThomas Clarkson Academy
- 15.2kmIceni Secondary Academy
More reading links
Public Transport Nearby
Downham Market station is the nearest stop to Flat 2, 50B, Railway Road, Downham Market at 200 metres away.
- 200mDownham Market
- 7.8kmWatlington
- 16.0kmLittleport
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
