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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat E, 1, Terrace Lane, King's Lynn is £86,815 and the estimated rental value is £530 per month.
The apartment is within 1, Terrace Lane, King's Lynn, PE30.
Terrace Lane, King's Lynn, PE30 is located in the borough of King's Lynn and West Norfolk within the PE30 postal district.
Flat E, 1, Terrace Lane, King's Lynn has no records in the the Land Registry and a single entry in the EPC database dated October 2023.
We combine this information with public data 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 Flat E, 1, Terrace Lane, King's Lynn is in very good condition we estimate a sale value of £91,156 and a rental value of £556 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,738 and a rental value of £493 per month.
Over the last 12 months the sale value of Flat E 1 Terrace Lane King's Lynn has decreased by an estimated £504 (0.6%) and its rental value has increased by an estimated £20 per month (3.8%), giving an expected gross yield of 7.3%.
Flat E, 1, Terrace Lane, King's Lynn has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat E, 1, Terrace Lane, King's Lynn within a radius of 480 metres over the last 2 years.
The most recent example is 26C, London Road, King's Lynn, PE30 5PY, a leasehold flat which sold for £50,000 on the 8th March 2024.
Read more about house prices in PE30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Terrace Lane, King's Lynn, PE30 has a total of 11 addresses. According to our analysis of all the public data, Flat E, 1, Terrace Lane, King's Lynn is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in PE30.
The closest station to Flat E, 1, Terrace Lane, King's Lynn is Kings Lynn station which is 700 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat E, 1, Terrace Lane, King's Lynn, 41.3% of property is privately rented and 40.2% 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 Flat E, 1, Terrace Lane, King's Lynn, 9.2% of residents are recorded as possessing school level qualifications and 18.5% 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 Flat E, 1, Terrace Lane, 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 Flat E, 1, Terrace Lane, King's Lynn, 1.3% 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 Flat E, 1, Terrace Lane, King's Lynn, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.