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According to the public record, Flat E, 92 Road, Downham Market is a modern leasehold apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat E, 92 Road, Downham Market is £116,347 and the estimated rental value is £644 per month.
The apartment is within 92, London Road, Downham Market, PE38.
London Road, Downham Market, PE38 is located in the borough of King's Lynn and West Norfolk within the PE38 postal district.
Flat E, 92 Road, Downham Market has a single entry in the Land Registry from August 2021 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, 92 Road, Downham Market is in very good condition we estimate a sale value of £122,165 and a rental value of £676 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £108,203 and a rental value of £599 per month.
Over the last 12 months the sale value of Flat E 92 Road Downham Market has increased by an estimated £27 (0.0%) and its rental value has increased by an estimated £23 per month (3.6%), giving an expected gross yield of 6.6%.
Flat E, 92 Road, Downham Market has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Dec 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Flat E, 92 Road, Downham Market was last sold on 3rd August 2021 for £125,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2021, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat E, 92 Road, Downham Market within a radius of 800 metres over the last 2 years.
The most recent example is 3, Rampant Horse Lane, Downham Market, PE38 9DQ, a leasehold flat which sold for £80,200 on the 24th September 2018.
Read more about house prices in PE38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Downham Market, PE38 has a total of 129 addresses. According to our analysis of all the public data, Flat E, 92 Road, Downham Market is the 128th largest and the 127th most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in PE38.
The closest station to Flat E, 92 Road, Downham Market is Downham Market station which is 1.2 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 Flat E, 92 Road, Downham Market, 55.7% of property is privately owned outright and 28.1% is privately owned with a mortgage.
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, 92 Road, Downham Market, 10.3% of residents are recorded as possessing school level qualifications and 23.3% 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, 92 Road, Downham Market, the average age was 46.5 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 Flat E, 92 Road, Downham Market, 0.5% 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, 92 Road, Downham Market, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.