Wells-next-the-Sea
SO

Wells-next-the-Sea

By Sowerbys

£ 300,000

Reviews

2 out of 5 stars

Sowerbys says ..

Guide Price £300,000 to £325,000. A charming apartment in Brig Square, Wells-next-the-Sea, with sea views, open-plan living, and parking. Set over two floors, it’s a cherished second home just moments from the quayside.

Property Oracle says ..

The property is a one-bedroom apartment located on Freeman Street in Wells-next-the-Sea, Norfolk. The list price is £300,000, and the property is 268 square feet. The apartment appears to be in good condition. The images show a clean and well-maintained interior with a modern kitchen and bathroom. There is no evidence of significant wear and tear or the need for renovation. The property has minimal land; images show a small courtyard. There is no garden. Considering the average price per square foot in the area is £435, and this property is listed at £1,120 per sqft, the list price of £300,000 appears high compared to the average price of £442,500 for properties in the area. However, this average includes much larger properties. Nearby comparable properties on Freeman Street range from £273,000 to £450,000, although sqft information is not available for these properties. The lack of sqft data in nearby listings makes a precise price comparison challenging. The location is desirable, being in Wells-next-the-Sea, a popular coastal town. The proximity to schools, while not immediately adjacent, is reasonable.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
5
Condition
9
Location
8
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
268.00

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
686,107.00 £
Decreased by 13.94 %
from 797,268.00 £
Est sale value
93,800.00 £
Decreased by 55.13 %
from 209,040.00 £
Average area rental value
2,042.00 £/mo
Decreased by 7.18 %
from 2,200.00 £/mo
Est letting value
268.00 £/mo
Decreased by 50.00 %
from 536.00 £/mo
Est rental Yield
3.57 %
Increased by 7.85 %
from 3.31 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Sowerbys created the listing.

Nearby Schools

NameTypeOfstedDistance
Alderman Peel High SchoolAcademy Converter0.98 KM
Wells-Next-The-Sea Primary And Nursery SchoolAcademy Sponsor Led1.23 KM
Wells-Next-The-Sea Sure Start Children'S CentreChildren's Centre1.23 KM
Walsingham Ce Va Primary SchoolVoluntary Aided SchoolGood7.33 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Park Road £ 499,95000.00 KM
Greenway Lane £ 000.00 KM
Westfield Avenue £ 000.00 KM
Green Dragon Lane £ 425,00000.00 KM
Fakenham Road £ 650,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Wells-next-the-Sea £ 300,000BUY5 / 100.00 KM
Wells-next-the-Sea £ 290,000BUY5 / 100.00 KM
Freeman Street, Wells-next-the-Sea, NR23 £ 540,000BUY6 / 100.05 KM
Freeman Street, Wells-Next-The-Sea, Norfolk, NR23 £ 425,000BUYUnknown0.07 KM
Mindhams Yard, Wells-next-the-Sea, NR23 £ 200,000BUY5 / 100.08 KM

Nearby Properties

AddressPriceDistance
1 Brig Square £ 390,0000.04 KM
10 Brig Square £ 465,0000.04 KM
43 Freeman Street £ 565,0000.07 KM
39 Freeman Street £ 58,0000.07 KM
80 Freeman Street £ 357,5000.07 KM