Falgate Gong Lane

    FALGATE, GONG LANE, BURNHAM OVERY STAITHE, KING'S LYNN, PE31 8JG

    This detached freehold property on Gong Lane last sold in August 2016 for £1,135,000. Based on price growth in the PE31 district since then, its estimated current value is £1,217,852 — placing it in the 97th percentile nationally and the 98th percentile within PE31. The property covers 301 m² (3,240 sq ft), giving an estimated value of £4,046 per m². The EPC rating is F, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    301 m²

    (3,240 sq ft)

    Last Sale Price

    £1,135,000

    Aug 2016

    Estimated Valuation

    £1,217,852

    Est. £/m²

    £4,046/m²

    £376/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms11
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialD
    Floor area301 m² (3,240 sq ft)
    EPC dateFeb 2015
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingElectric underfloor heating, Air source heat pump, underfloor, electric

    Transaction History

    30 Aug 2016

    £1,135,000

    14 Mar 2016

    £1,135,000

    Key Metrics

    Estimated valuation£1,217,852
    Value per m² / sq ft£4,046/m² (£376/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE31 district percentile98th percentile
    National percentile97th percentile

    District Context — PE31

    PE31 covers the King's Lynn area and surrounding settlements in north-west Norfolk, close to the Wash estuary. It is a mixed residential and market-town area with strong rural and agricultural heritage.

    Average Property Price - PE31

    £374,029

    62

    National percentile

    Average Net Household Income - PE31

    £36,710

    42

    National percentile

    10-Year Annualised Price Growth - PE31

    3.2%

    37

    National percentile

    10-Year Annualised Rent Growth - PE

    4.2%

    68

    National percentile

    View full analysis for PE31

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