40 Derwent Way

    40, DERWENT WAY, SPALDING, PE11 3WX

    This terraced freehold property on Derwent Way last sold in November 2018 for £172,000. Based on price growth in the PE11 district since then, its estimated current value is £186,472 — placing it in the 21st percentile nationally and the 34th percentile within PE11. The property covers 87 m² (936 sq ft), giving an estimated value of £2,143 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £172,000

    Nov 2018

    Estimated Valuation

    £186,472

    Est. £/sq ft

    £199/sq ft

    £2,143/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2011
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area936 sq ft (87 m²)
    EPC dateOct 2015
    WallsAverage thermal transmittance 0.28 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Nov 2018

    £172,000

    19 Nov 2015

    £168,995

    Key Metrics

    Estimated valuation£186,472
    Value per sq ft / m²£199/sq ft (£2,143/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE11 district percentile34th percentile
    National percentile21st 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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