Waterside Estate Agents Ltd says ..

Property Oracle says ..

The property is a detached bungalow located in Potter Heigham, Norfolk, with a list price of £275,000. The property has 2 bedrooms, 1 bathroom, and a total area of 586.21 sqft. The plot size is 667 sqft. Based on the images provided, the property appears to be in excellent condition and has been recently renovated to a high standard. The interior is modern and well-maintained, with a contemporary kitchen and bathroom. The property benefits from a decked area overlooking a waterway, offering a tranquil and scenic outlook. There is also a small area of garden visible in the photos. The average house price in the area is £403,571, significantly higher than the list price of this property. However, the average house size is 1,183 sqft, considerably larger than the 586.21 sqft of this bungalow. The average price per sqft in the area is £341, suggesting that the list price of £275,000 for this 586.21 sqft property could be considered reasonable, especially given its waterfront location and modern condition. The smaller plot size compared to the average in the area should also be taken into consideration. The location is idyllic, situated on a waterway, offering a peaceful and desirable setting. While information on nearby transportation is unavailable, the proximity to several schools with good Ofsted ratings suggests a family-friendly environment. The nearby streets, including Tower Road, have average house prices that are comparable to the list price of this property, further supporting the reasonableness of the asking price.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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