Park Lane, Downham Market, PE38
King & Partners logo

Park Lane, Downham Market, PE38

By King & Partners

£ 385,000

Reviews

3 out of 5 stars

King & Partners says ..

A detached 3/4 bedroom bungalow located on the popular Park Lane road in Downham Market. With a double garage, south facing garden and offered with No Onward Chain!

Property Oracle says ..

This property is a four-bedroom detached bungalow situated on Park Lane in Downham Market, Norfolk. The location benefits from being relatively close to Downham Market train station (Govia Thameslink Railway) and several schools including Nelson Academy and Downham Market Children’s Centre. The property itself is in need of modernisation, as evidenced by the dated kitchen and carpets. However, it boasts a sizeable plot with a garden and greenhouse. The list price of £385,000 is higher than the average price for the area (£265,511), but comparable to other properties on Park Lane. Given the need for modernisation, the price may be considered slightly high, depending on the buyer’s priorities and willingness to undertake renovations. The average price per sqft in the area is £302, and this property is £287 per sqft. This is lower than the average price per sqft, and therefore represents reasonable value for money.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
6
Location
7
Land
8
Bedrooms
4
Bathrooms
1
Sqft (est)
1,342.85
Lot (est)
1,427.49

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
245,074.00 £
Decreased by 15.93 %
from 291,529.00 £
Est sale value
315,569.75 £
Decreased by 37.50 %
from 504,911.60 £
Average area rental value
1,254.00 £/mo
Decreased by 5.43 %
from 1,326.00 £/mo
Est letting value
1,342.85 £/mo
Unchanged by 0.00 %
from 1,342.85 £/mo
Est rental Yield
6.14 %
Increased by 12.45 %
from 5.46 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • King & Partners created the listing.

Nearby Schools

NameTypeOfstedDistance
Downham Market Children'S CentreChildren's Centre0.94 KM
Nelson AcademyAcademy Sponsor LedGood1.23 KM
Denver Voluntary Controlled Primary SchoolVoluntary Controlled SchoolGood1.25 KM
Downham Market AcademyAcademy Sponsor Led1.95 KM
Downham Market, Hillcrest Primary SchoolCommunity SchoolGood2.38 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Oakfield Close £ 245,00000.00 KM
Sovereign Way £ 000.00 KM
Ryston End £ 000.00 KM
Town Square £ 000.00 KM
Rampant Horse Lane £ 103,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Downham Market7055DOW1.28 KM
Watlington7057WTG8.71 KM

Nearby Listings

AddressPriceTypeScoreDistance
Park Lane, Downham Market, PE38 £ 385,000BUY6 / 100.00 KM
Park Lane, Downham Market, PE38 £ 469,995BUYUnknown0.00 KM
Manby Road, Downham Market, PE38 £ 385,000BUY7 / 100.07 KM
Park Lane, Downham Market, Norfolk, PE38 £ 280,000BUY7 / 100.10 KM
Revell Road, Downham Market, PE38 £ 325,000BUY6 / 100.14 KM

Nearby Properties

AddressPriceDistance
42 Park Lane £ 248,0000.01 KM
17 Park Lane £ 445,0000.01 KM
24 Park Lane £ 37,5000.01 KM
36 Park Lane £ 240,0000.01 KM
19 Park Lane £ 475,0000.01 KM