Waterside Estate Agents Ltd says ..

Property Oracle says ..

The property is located in St Benet’s, North Norfolk, a desirable area in the East of England. The surrounding area has an average house price significantly higher than the list price of this property. However, the average size of properties in the area is also considerably larger (1,154 sqft compared to 794 sqft). The property’s location on the water is a unique and attractive feature, potentially increasing its desirability. The proximity to Ludham Primary School (2.09 KM) is a positive aspect for families. Other schools are within a reasonable driving distance, although transport links are limited to the Acle train station (7.21 KM away).

Based on the photos, the property appears to be in good condition. It is modern and well-maintained, with a clean and updated interior. There is no visible evidence of significant repairs or renovations needed. The property also benefits from having a small plot of land, providing a garden area and private mooring.

Considering the property’s size (794 sqft), condition, and unique riverside location, the list price of £340,000 appears reasonable compared to other properties in the area, particularly those listed at a much higher price. The smaller size of the property, in comparison to the average for the area, and the lack of extensive land, are factors that justify the lower list price. The average price per square foot in the area (£542) provides additional context for evaluating the property’s value, although this figure is based on larger properties.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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