23 Magellan Way

    23, MAGELLAN WAY, SPALDING, PE11 2FG

    This detached freehold property on Magellan Way last sold in August 2020 for £209,000. Based on price growth in the PE11 district since then, its estimated current value is £249,693 — placing it in the 37th percentile nationally and the 62nd percentile within PE11. The property covers 94 m² (1,012 sq ft), giving an estimated value of £2,656 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,012 sq ft

    94 m²

    Last Sale Price

    £209,000

    Aug 2020

    Estimated Valuation

    £249,693

    Est. £/sq ft

    £247/sq ft

    £2,656/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageI
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area1,012 sq ft (94 m²)
    EPC dateJul 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Aug 2020

    £209,000

    15 Jul 2015

    £147,500

    29 Sept 2009

    £120,000

    3 May 2002

    New build

    £87,950

    Key Metrics

    Estimated valuation£249,693
    Value per sq ft / m²£247/sq ft (£2,656/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE11 district percentile62nd percentile
    National percentile37th percentile

    District Context — PE11

    PE11 covers King's Lynn and the surrounding areas of west Norfolk, located in the East Anglia region of eastern England. It is a mixed community with a blend of town-centre housing, rural properties, and employment across manufacturing, agriculture, and services.

    Average Property Price - PE11

    £242,952

    26

    National percentile

    Average Net Household Income - PE11

    £34,638

    29

    National percentile

    10-Year Annualised Price Growth - PE11

    3.9%

    63

    National percentile

    10-Year Annualised Rent Growth - PE

    4.2%

    68

    National percentile

    View full analysis for PE11

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