Richmond Road, Downham Market, Norfolk, PE38
By Abbotts
£ 220,000
Reviews
3 out of 5 stars
Abbotts says ..
Offered with no onward chain and situated in the popular town of Downham Market is this two bedroom semi-detached bungalow. The bungalow is in close proximity of the train station with direct lines to London, Cambridge and King's Lynn, making it the fantastic property for those who com...
Property Oracle says ..
Downham Market is a small market town located in Norfolk, England. The property is a bungalow situated on Richmond Road, within the South Downham locality. The area benefits from relatively close proximity to Downham Market railway station (Govia Thameslink Railway), providing convenient access to other towns and cities. Several primary schools are within a reasonable distance, including Nelson Academy and Denver Voluntary Controlled Primary School, both rated ‘Good’ by Ofsted. The average house price in the area is £265,511, with an average price per square foot of £302. Based on the provided images, the property appears to be in good condition. The interior is clean and well-maintained, although the kitchen and some of the decor suggest a style that might be considered dated by some buyers. There is no obvious evidence of significant repairs or renovations being required. The property benefits from a conservatory and a small, manageable garden. Considering the property’s size (687.81 sqft), condition, and the relatively small plot size, the list price of £220,000 appears to be reasonably competitive compared to other properties in the area. While the average price per sqft in the area is higher (£302), the smaller plot size and slightly dated kitchen may account for the lower list price compared to some nearby properties. Several nearby properties on Richmond Road have sold for prices ranging from £145,000 to £375,000, demonstrating a range of prices in the area. The lower end of this range suggests that the list price of £220,000 is within the realm of possibility for a property of this size and style.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 8
- Location
- 7
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 687.81
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 245,074.00 £Decreased by 15.93 %
- Est sale value
- 161,635.35 £Decreased by 37.50 %
- Average area rental value
- 1,254.00 £/moDecreased by 5.43 %
- Est letting value
- 687.81 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.14 %Increased by 12.45 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Abbotts created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Downham Market Children'S Centre | Children's Centre | 0.95 KM | |
| Nelson Academy | Academy Sponsor Led | Good | 1.21 KM |
| Denver Voluntary Controlled Primary School | Voluntary Controlled School | Good | 1.83 KM |
| Downham Market Academy | Academy Sponsor Led | 2.34 KM | |
| Downham Market, Hillcrest Primary School | Community School | Good | 2.78 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Sovereign Way | £ 0 | 0 | 0.00 KM |
| Maltings Lane | £ 0 | 0 | 0.00 KM |
| Oakfield Close | £ 245,000 | 0 | 0.00 KM |
| Town Square | £ 0 | 0 | 0.00 KM |
| Old Maltings Way | £ 142,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Downham Market | 7055 | DOW | 0.79 KM |
| Watlington | 7057 | WTG | 8.56 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Richmond Road, Downham Market, Norfolk, PE38 | £ 220,000 | BUY | 6 / 10 | 0.00 KM |
| Richmond Road, Downham Market | £ 250,000 | BUY | 6 / 10 | 0.00 KM |
| Richmond Road, Downham Market | £ 300,000 | BUY | 7 / 10 | 0.00 KM |
| Richmond Road, Downham Market, Norfolk, PE38 | £ 280,000 | BUY | 7 / 10 | 0.00 KM |
| Richmond Road, Downham Market | £ 260,000 | BUY | 5 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 97 Richmond Road | £ 153,000 | 0.00 KM |
| 47 Richmond Road | £ 200,000 | 0.00 KM |
| 88 Richmond Road | £ 200,000 | 0.00 KM |
| 75 Richmond Road | £ 150,000 | 0.00 KM |
| 56 Richmond Road | £ 146,500 | 0.00 KM |