Pennant Gong Lane

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

    This detached freehold property on Gong Lane last sold in September 2016 for £610,000. Based on price growth in the PE31 district since then, its estimated current value is £654,528 — placing it in the 88th percentile nationally and the 89th percentile within PE31. The property covers 102 m² (1,098 sq ft), giving an estimated value of £6,417 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    102 m²

    (1,098 sq ft)

    Last Sale Price

    £610,000

    Sept 2016

    Estimated Valuation

    £654,528

    Est. £/m²

    £6,417/m²

    £596/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageD
    Habitable rooms4
    Main fueloil (not community)
    EPC currentE
    EPC potentialC
    Floor area102 m² (1,098 sq ft)
    EPC dateDec 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    23 Sept 2016

    £610,000

    24 Oct 1995

    £98,000

    Key Metrics

    Estimated valuation£654,528
    Value per m² / sq ft£6,417/m² (£596/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE31 district percentile89th percentile
    National percentile88th 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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