Sold Flat

58 BRIDGE STREET

FAKENHAM, NORFOLK NR21 9AZ

1 beds 45 m² Listed 19 Aug 2022 (-1396d)

£125,000

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# 1 bedroom flat for sale (NR21 9AZ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 58 BRIDGE STREET, FAKENHAM, NORFOLK NR21 9AZ |
| Price | £125,000 |
| Bedrooms | 1 |
| Last sold | £118,000 May 2023 |

## Description

Modern, Second (top) floor 1 bedroom Apartment with gas centrally heated and double glazed accommodation.

The property is conveniently located, within easy walking distance of the River Wensum and the Town Centre.

The accommodation comprises:

Entrance Hall, Sitting room, Fitted Kitchen, Bathroom and Bedroom

Communal stairway and Landing to Entrance Lobby: (owned and maintained by Victory Housing) with storage cupboard (owned by this property). Door to;

Entrance Hall:

Double airing cupboard with "Viessmann" gas fired combi central heating boiler and slatted shelves. Built in cupboard with slatted shelving. Intercom phone. Hatch to roof space.

Sitting room: 18'5" x 10'0" (5.6m x 3.0m)

TV point. Telephone point.

Kitchen: 11'9" x 5'3", (3.5m x 1.6m).

Stainless steel washing up bowl and matching circular drainer with mixer tap, set in fitted work surface with cupboards and "AEG" washing machine under.  "Delonghi" electric cooker. Further fitted work top with drawer and cupboard under. "Beko" fridge/freezer. Matching range of wall mounted cupboard units.

Bedroom: 11'8" x 10'0, (3.5m x 3.0m).

Built-in double wardrobe cupboard with louvered doors, slatted shelves and fitted hanging rail.

Laminate floor.

Half tiled Bathroom:

White suite of panelled bath with mixer tap/shower fitting over, tiled surround and glass shower screen over. Pedestal hand basin with shaver point over. Low level WC. Heated towel rail.

Services:

All mains services are connected to the property.

Agent Note:

Service charge £552.16 per annum, (including £10pa Ground Rent)

District Authority:

North Norfolk District Council, Cromer.

Tax Band: "A".

EPC: C.

## Property Photos

- ![Front View ](/listings/photos/126203063/248387) - Front View 
- ![Kitchen](/listings/photos/126203063/248388) - Kitchen
- ![Sitting room](/listings/photos/126203063/248389) - Sitting room
- ![Bathroom](/listings/photos/126203063/248390) - Bathroom
- ![Bedroom](/listings/photos/126203063/248391) - Bedroom

## Floorplans

- ![Floorplan 1](/listings/photos/126203063/248392) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/126203063/248393) - EPC 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 58 BRIDGE STREET, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9AZ | £118,000 | 12/05/2023 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 3 BRIDGES WALK, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9TB | £136,000 | 01/12/2023 | Flat |
| THE OLD MILL 5 BRIDGE STREET, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9AY | £150,000 | 17/11/2023 | Flat |
| THE OLD MILL 17 BRIDGE STREET, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9AY | £240,000 | 13/10/2023 | Flat |
| THE OLD MILL FLAT 8 BRIDGE STREET, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9AY | £275,000 | 13/10/2023 | Flat |
| [Same street] 60 BRIDGE STREET, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9AZ | £115,000 | 05/07/2022 | Flat |
| 3 BRIDGES WALK, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9TB | £116,500 | 04/03/2022 | Flat |
| 16 TUNN STREET, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9BJ | £160,000 | 30/11/2021 | Flat |
| 7B TUNN STREET, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9BJ | £185,000 | 29/10/2021 | Flat |
| 4 FLAT 6 SWAN STREET, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9BN | £83,000 | 16/09/2021 | Flat |
| 14 BRIDGES WALK, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9TB | £125,000 | 09/07/2021 | Flat |
| 63 BRIDGE STREET, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9TE | £125,000 | 08/07/2021 | Flat |

**Street average:** £115,000 (1 sale)
**Area average:** £159,550 (10 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £197,500 (2 Flat, NR21, 2024–2026)
- **Deviation:** -36.7%

## Rental Range

*ONS Price Index of Private Rents (North Norfolk). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £772/mo
- **Realistic:** £858/mo
- **Optimistic:** £944/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Kings Lynn (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £547/mo

## 1% Rule

- **Rent ratio:** 0.69% (weak for cashflow)
- **Max investor price (0.8%):** £107,250
- **Target investor price (1%):** £85,800

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 11.4%

## House Price Index (HM Land Registry)

*Official index for North Norfolk; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -7.3%
- **5y growth (index):** -2.6%
- **10y growth (index):** 17.8%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Front View Kitchen Sitting room Bathroom Bedroom

/ 5

Property details

Tenure

LEASEHOLD

Floor area

45 m²

Last sold

£118,000 May 2023

Local average

£197,500 (-36.7%)

Deprivation

Decile 4 (10,511 of 33,755)

Street crime

62 incidents within 1 mile (Apr 2026)

Key features

NO ONWARD CHAIN
Modern, second (top) floor apartment
Gas central heating
Double glazing
1 Bedroom
Ideal for first time buyers
Great investment opportunity
Conveniently located, within easy walking distance of River Wensum
Easy walking distance to Fakenham Town Centre

Additional details

Heating: Gas, Double glazing, Central, Gas central

Description

Modern, Second (top) floor 1 bedroom Apartment with gas centrally heated and double glazed accommodation.

The property is conveniently located, within easy walking distance of the River Wensum and the Town Centre.

The accommodation comprises:
Entrance Hall, Sitting room, Fitted Kitchen, Bathroom and Bedroom

Communal stairway and Landing to Entrance Lobby: (owned and maintained by Victory Housing) with storage cupboard (owned by this property). Door to;

Entrance Hall:
Double airing cupboard with "Viessmann" gas fired combi central heating boiler and slatted shelves. Built in cupboard with slatted shelving. Intercom phone. Hatch to roof space.

Sitting room: 18'5" x 10'0" (5.6m x 3.0m)
TV point. Telephone point.

Kitchen: 11'9" x 5'3", (3.5m x 1.6m).
Stainless steel washing up bowl and matching circular drainer with mixer tap, set in fitted work surface with cupboards and "AEG" washing machine under. "Delonghi" electric cooker. Further fitted work top with drawer and cupboard under. "Beko" fridge/freezer. Matching range of wall mounted cupboard units.

Bedroom: 11'8" x 10'0, (3.5m x 3.0m).
Built-in double wardrobe cupboard with louvered doors, slatted shelves and fitted hanging rail.
Laminate floor.

Half tiled Bathroom:
White suite of panelled bath with mixer tap/shower fitting over, tiled surround and glass shower screen over. Pedestal hand basin with shaver point over. Low level WC. Heated towel rail.

Services:
All mains services are connected to the property.
Agent Note:
Service charge £552.16 per annum, (including £10pa Ground Rent)
District Authority:
North Norfolk District Council, Cromer.
Tax Band: "A".
EPC: C.

Listed by

Fakenham

Bailey Bird & Warren Limited

Reference: 126203063

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

EPC 1

Price history

Event	Date	Price	% change
Sold	12/05/2023 (3 years ago)	£118,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
3 BRIDGES WALK, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9TB	£136,000	01/12/2023	Flat
THE OLD MILL 5 BRIDGE STREET, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9AY	£150,000	17/11/2023	Flat
THE OLD MILL 17 BRIDGE STREET, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9AY	£240,000	13/10/2023	Flat
THE OLD MILL FLAT 8 BRIDGE STREET, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9AY	£275,000	13/10/2023	Flat
Same street 60 BRIDGE STREET, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9AZ	£115,000	05/07/2022	Flat
3 BRIDGES WALK, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9TB	£116,500	04/03/2022	Flat
16 TUNN STREET, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9BJ	£160,000	30/11/2021	Flat
7B TUNN STREET, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9BJ	£185,000	29/10/2021	Flat
4 FLAT 6 SWAN STREET, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9BN	£83,000	16/09/2021	Flat
14 BRIDGES WALK, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9TB	£125,000	09/07/2021	Flat
63 BRIDGE STREET, FAKENHAM, NORTH NORFOLK, NORFOLK, NR21 9TE	£125,000	08/07/2021	Flat

Street average: £115,000 (1 sale)

Area average: £159,550 (10 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 11.4%

House Price Index (HM Land Registry — official index, not sold-price averages): North Norfolk. Series: Flats and maisonettes. As of March 2026.

1y (index) -7.3%

5y (index) -2.6%

10y (index) 17.8%

Rental Range

Estimated market rent for North Norfolk. Low = conservative, Realistic = average, Optimistic = best case.

Low £772/mo

Realistic £858/mo

Optimistic £944/mo

Based on Local Authority from postcode lookup → North Norfolk.

LHA (30th percentile) floor for Kings Lynn: £547/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View NR21 9AZ

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Bowling Centre, adj	0.0 miles
Shop	Alan Hair Designs	0.1 miles
Shop	Total e-Cig	0.1 miles
Bus stop	Budgens, opp	0.1 miles
Train station	Walsingham	4.8 miles
Train station	Wighton Halt	6.4 miles
Hospital	Dereham Hospital	10.4 miles

Street-level crime

Category	Count
Violence and sexual offences	23
Shoplifting	10
Anti-social behaviour	6
Criminal damage and arson	6
Other theft	6
Drugs	5
Other crime	2
Bicycle theft	1
Burglary	1
Public order	1
Vehicle crime	1
Total incidents	62

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Fakenham Junior School	Primary	0.3 miles	Good — 12 Oct 2023
Fakenham Infant and Nursery School	Primary	0.5 miles	Good — 26 Nov 2023
Duke of Lancaster School	Other	0.6 miles	Requires improvement — 23 Apr 2024
Fakenham Academy	Secondary	0.9 miles	Good — 7 Jul 2015
Sculthorpe Church of England Primary Academy	Primary	1.8 miles	Good — 8 May 2024

Rental Comparables

Rental comparables are temporarily unavailable while listing-site fetches are paused. Try again later.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.69%

Max investor price (0.8%) £107,250

Target investor price (1%) £85,800

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).