Somerton Road, Martham
MI

Somerton Road, Martham

By Minors & Brady

£ 450,000

Reviews

3 out of 5 stars

Minors & Brady says ..

Positioned in the well-connected village of Martham, this modern and beautifully presented detached home offers generous and adaptable living space with a wealth of character. Field views can be enjoyed from multiple rooms, and the interior combines classic features such as exposed beams and bric...

Property Oracle says ..

The property is a 3 bedroom, 2 bathroom detached house located on Somerton Road, Martham, Norfolk. The list price is £450,000. The property has a plot size of 1,953 sqft and the internal area is 439 sqft.

The property is situated in a desirable location with good local schooling options, including Martham Academy and Nursery (rated ‘Good’ by Ofsted) within close proximity. The presence of several primary schools within a reasonable distance further enhances its family-friendly appeal. While no nearby transportation was identified, this may not be a significant drawback depending on individual needs and reliance on public transport.

Based on the provided images, the property appears to be in excellent condition. It has been recently renovated or updated to a high standard, with modern fixtures and fittings throughout. The kitchen and bathrooms are particularly noteworthy, showcasing a contemporary design. The property’s interior is well-maintained and tastefully decorated. The external appearance is also pleasing, with a well-kept garden and a charming thatched roof.

The property benefits from a substantial garden. The ample outdoor space is a significant advantage, providing opportunities for relaxation and recreation. The garden appears well-maintained and landscaped.

Considering the property’s excellent condition, desirable location, and substantial garden, the list price of £450,000 appears reasonable, although slightly below the average price for the area (£572,941). However, the significantly smaller size of this property (439 sqft compared to the area average of 1234 sqft) justifies the lower price. Nearby comparable properties support this assessment, with prices ranging from £115,000 for a flat to £595,000 for a barn conversion. The price per sqft (£464) is in line with the area average, further suggesting that the asking price is reasonable.

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

Price
7
Condition
9
Location
7
Land
8
Bedrooms
3
Bathrooms
2
Sqft (est)
439.00
Lot (est)
1,953.00

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
649,352.00 £
Decreased by 3.16 %
from 670,553.00 £
Est sale value
183,941.00 £
Decreased by 13.43 %
from 212,476.00 £
Average area rental value
1,515.00 £/mo
Decreased by 43.89 %
from 2,700.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 439.00 £/mo
Est rental Yield
2.80 %
Decreased by 42.03 %
from 4.83 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Minors & Brady created the listing.

Nearby Schools

NameTypeOfstedDistance
Trinity Children'S CentreChildren's Centre0.45 KM
Martham Academy And NurseryAcademy ConverterGood0.47 KM
Flegg High Ormiston AcademyAcademy Converter0.65 KM
Rollesby Primary SchoolFoundation SchoolGood2.71 KM
Fleggburgh Cofe Primary SchoolVoluntary Controlled SchoolGood5.01 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
The Green £ 325,00000.00 KM
Hazel Drive £ 000.00 KM
Cherry Tree Avenue £ 000.00 KM
Hemsby Road £ 230,00000.00 KM
Welbeck Avenue £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Somerton Road, Martham £ 450,000BUY7 / 100.00 KM
Staithe Road, Martham, NR29 £ 295,000BUY6 / 100.03 KM
White Street, Martham £ 695,000BUY8 / 100.18 KM
Staithe Road, Martham, NR29 £ 199,950BUY6 / 100.19 KM
Thurne Court, Somerton Road, Martham £ 115,000BUY6 / 100.19 KM

Nearby Properties

AddressPriceDistance
39 Staithe Road £ 219,9950.03 KM
79 Staithe Road £ 80,0000.03 KM
52 Staithe Road £ 130,0000.03 KM
85 Staithe Road £ 160,0000.03 KM
75 Staithe Road £ 132,5000.03 KM