Flat A, 1
Flat A, 1
Description & Estimates
Flat A, 1, Bridge Place, King's Lynn is recorded publicly as a modern leasehold apartment across 624 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat A, 1, Bridge Place, King's Lynn is £149,264 and its rental estimate is £690 per month, given the available information and assuming reasonable condition.
1, Bridge Place is a residential building on Bridge Place, King's Lynn, PE30 and falls within the PE30 postal district and the borough of King's Lynn and West Norfolk.
Our Data Sources
Flat A, 1, Bridge Place, King's Lynn has a single entry in the Land Registry from June 2014 and a single entry in the EPC database dated May 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.
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 Flat A, 1, Bridge Place, King's Lynn, we estimate a market value of £156,728 and a rental value of £724 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £138,816 and £642 per month respectively.
Recent Market Change
Over the last year, Flat A, 1, Bridge Place, King's Lynn has seen its estimated sale value drop by £867 (0.6%) and its estimated rental value rise by £27 per month (3.8%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
Flat A, 1, Bridge Place, King's Lynn has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 May 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat A, 1, Bridge Place, King's Lynn completed on 6th June 2014 at £106,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 35.1% over the period since June 2014.
- Sold Jun 2014£106,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat A, 1, Bridge Place, King's Lynn have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd July 2024, was 2, Bridge Place, King's Lynn, PE30 4WL, a leasehold flat which sold for £138,000.
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 14 addresses on Bridge Place, King's Lynn, PE30, Flat A, 1, Bridge Place, King's Lynn comes out as the 6th largest and the 3rd most expensive in our analysis of the public data.
It is also £79k less expensive than the average property across the PE30 district.
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Schools Nearby
- 500mGaywood Primary School
- 500mSt Martha's Catholic Primary School
- 900mReffley Academy
- 600mSpringwood High School
- 1.3kmKing Edward VII Academy
- 1.6kmKing's Lynn Academy
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Public Transport Nearby
From Flat A, 1, Bridge Place, King's Lynn, the nearest station is Kings Lynn, 2.0 kilometres away.
- 2.0kmKings Lynn
- 10.6kmWatlington
- 18.4kmDownham Market
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
