Gong Cottage Gong Lane

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

    This detached freehold property on Gong Lane last sold in March 2016 for £725,000. Based on price growth in the PE31 district since then, its estimated current value is £777,923 — placing it in the 92nd percentile nationally and the 93rd percentile within PE31. The property covers 143 m² (1,539 sq ft), giving an estimated value of £5,440 per m². The EPC rating is F, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    143 m²

    (1,539 sq ft)

    Last Sale Price

    £725,000

    Mar 2016

    Estimated Valuation

    £777,923

    Est. £/m²

    £5,440/m²

    £505/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fueloil (not community)
    EPC currentF
    EPC potentialB
    Floor area143 m² (1,539 sq ft)
    EPC dateMay 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    9 Mar 2016

    £725,000

    Key Metrics

    Estimated valuation£777,923
    Value per m² / sq ft£5,440/m² (£505/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE31 district percentile93rd percentile
    National percentile92nd 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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