De Playz Close, Methwold
By Molyneux Estate Agents
£ 88,000
Reviews
3 out of 5 stars
Molyneux Estate Agents says ..
This BRAND NEW HOME is available with Shared Ownership from 40% and enjoys MODERN ACCOMMODATION as well as a CONTEMPORARY family bathroom. There are two double bedrooms as well as ample driveway off street parking and a landscaped rear garden.
Property Oracle says ..
The property is located in Methwold, a village in the King’s Lynn and West Norfolk district of Norfolk. The area has a primary school, Duchy Of Lancaster Methwold Cofe Primary School, within a short distance (0.87 KM), rated ‘Good’ by Ofsted. There’s also a secondary school, Iceni Academy, approximately 1.82 KM away, but its Ofsted rating is ‘Requires improvement’. The proximity to these schools is a positive factor for families. Transportation links appear limited, with the nearest train station, Lakenheath, being 8.24 KM away. This could be a drawback for those relying on public transport.
Based on the images, the property appears to be in good structural condition, but it is unfinished. Flooring and other interior finishes are absent. The kitchen and bathroom fixtures are installed, appearing modern and clean. The property’s overall condition is high, but it requires completion before being habitable.
The property includes a garden, visible in the provided photographs. The size of the garden appears relatively modest, but sufficient for a small family.
The list price is £88,000. Considering the average house price in the area is £265,511 and the average price per square foot is £302, this property is significantly underpriced. However, the lack of interior finish needs to be factored in. While the property is structurally sound and benefits from a garden, the significant cost of completing the interior work must be considered when assessing value. The nearby comparable properties show a wide range of prices, indicating some variability in the market. A final assessment of price would require a detailed cost estimate for completion.
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
- 4
- Condition
- 8
- Location
- 7
- Land
- 6
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 760.00
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
- 245,074.00 £Decreased by 15.93 %
- Est sale value
- 178,600.00 £Decreased by 37.50 %
- Average area rental value
- 1,254.00 £/moDecreased by 5.43 %
- Est letting value
- 760.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.14 %Increased by 12.45 %
- Crime Rate
- 37.00 %Unchanged by 0.00 %
Agent Activity
Molyneux Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Duchy Of Lancaster Methwold Cofe Primary School | Academy Converter | Good | 0.87 KM |
| Iceni Academy | Academy Sponsor Led | Requires improvement | 1.82 KM |
| Edmund De Moundeford Vc Primary School, Feltwell | Voluntary Controlled School | Good | 3.94 KM |
| Sheridan House School | Other Independent Special School | Good | 4.20 KM |
| The Norman Church Of England Primary School, Northwold | Academy Converter | Requires improvement | 5.28 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Meadow View Drive | £ 0 | 0 | 0.00 KM |
| Church View Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lakenheath | 7201 | LAK | 8.24 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| De Playz Close, Methwold | £ 88,000 | BUY | 6 / 10 | 0.00 KM |
| De Playz Close, Methwold | £ 290,000 | BUY | 7 / 10 | 0.03 KM |
| De Warrene Court, Methwold | £ 300,000 | BUY | Unknown | 0.09 KM |
| De Warrene Court, Methwold, Thetford | £ 100,000 | BUY | 7 / 10 | 0.09 KM |
| Earlsfield Lane, Methwold | £ 375,000 | BUY | 6 / 10 | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 6 Herbert Drive | £ 133,000 | 0.12 KM |
| 38 Herbert Drive | £ 138,000 | 0.12 KM |
| 9 Herbert Drive | £ 167,500 | 0.12 KM |
| 28 Herbert Drive | £ 176,000 | 0.12 KM |
| 38 Hythe Road | £ 80,000 | 0.38 KM |