2 River Bank

    2, RIVER BANK, SPALDING, PE11 3AA

    This detached freehold property on River Bank last sold in June 2021 for £390,000. Based on price growth in the PE11 district since then, its estimated current value is £420,191 — placing it in the 70th percentile nationally and the 94th percentile within PE11. The property covers 123 m² (1,324 sq ft), giving an estimated value of £3,416 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,324 sq ft

    123 m²

    Last Sale Price

    £390,000

    Jun 2021

    Estimated Valuation

    £420,191

    Est. £/sq ft

    £317/sq ft

    £3,416/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,324 sq ft (123 m²)
    EPC dateSept 2018
    WallsAverage thermal transmittance 0.26 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jun 2021

    £390,000

    Key Metrics

    Estimated valuation£420,191
    Value per sq ft / m²£317/sq ft (£3,416/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE11 district percentile94th percentile
    National percentile70th 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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