Morello Place, King's Lynn
Morello Place, King's Lynn
Description & Estimates
Morello Place, King's Lynn is recorded publicly as a modern freehold house across 1,743 ft2 of internal area, sitting on a 949 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Morello Place, King's Lynn is £532,180 and its rental estimate is £1,385 per month, given the available information and assuming reasonable condition.
Mileham, King's Lynn, PE32 falls within the PE32 postal district, in the borough of Breckland.
Our Data Sources
Morello Place, King's Lynn has a single entry in the Land Registry from August 2015 and a single entry in the EPC database dated October 2014.
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.
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 Morello Place, King's Lynn, we estimate a market value of £558,789 and a rental value of £1,455 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £494,927 and £1,288 per month respectively.
Recent Market Change
Over the last year, Morello Place, King's Lynn has seen its estimated sale value decline by £19,121 (3.6%) and its estimated rental value climb by £25 per month (1.8%). This results in an estimated gross rental yield of 3.1%.
Plot Size
HM Land Registry records the plot of land for Morello Place, King's Lynn as measuring 949 m2.
That makes it the 5th largest plot in the postcode, where 9 of the 27 other houses have recorded plot data.
Energy Efficiency
Morello Place, King's Lynn has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Morello Place, King's Lynn completed on 12th August 2015 at £360,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 39.4% over the period since August 2015.
- Sold Aug 2015£360,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Morello Place, King's Lynn have sold within a radius of 5.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th April 2023, was 5, Earlsmead Gardens, King's Lynn, PE32 2GB, a freehold house which sold for £565,000.
Read more about house prices in PE32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 38 addresses on Mileham, King's Lynn, PE32, Morello Place, King's Lynn comes out as the 6th largest and the 8th most expensive in our analysis of the public data.
It is also £202k more expensive than the average property across the PE32 district.
More reading links
Schools Nearby
- 3.4kmBrisley Church of England Primary Academy
- 3.9kmBeeston Primary School
- 6.0kmSt Mary's Community Primary School, Beetley
- 8.8kmNorthgate High School
- 10.1kmDereham Neatherd High School
- 11.2kmFakenham Academy
More reading links
Public Transport Nearby
From Morello Place, King's Lynn, the nearest station is Wymondham, 26.8 kilometres away.
- 26.8kmWymondham
- 27.8kmAttleborough
- 28.0kmSpooner Row
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
