De Playz Close, Methwold
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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 %
from 291,529.00 £
Est sale value
178,600.00 £
Decreased by 37.50 %
from 285,760.00 £
Average area rental value
1,254.00 £/mo
Decreased by 5.43 %
from 1,326.00 £/mo
Est letting value
760.00 £/mo
Unchanged by 0.00 %
from 760.00 £/mo
Est rental Yield
6.14 %
Increased by 12.45 %
from 5.46 %
Crime Rate
37.00 %
Unchanged by 0.00 %
from 37.00 %

Agent Activity

  • Molyneux Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Duchy Of Lancaster Methwold Cofe Primary SchoolAcademy ConverterGood0.87 KM
Iceni AcademyAcademy Sponsor LedRequires improvement1.82 KM
Edmund De Moundeford Vc Primary School, FeltwellVoluntary Controlled SchoolGood3.94 KM
Sheridan House SchoolOther Independent Special SchoolGood4.20 KM
The Norman Church Of England Primary School, NorthwoldAcademy ConverterRequires improvement5.28 KM

Images

9a338d83-IMG_6372.jpeg tlc_d8cdf130-b26e-41ee-95e3-274ba2a553cb_cf20a93.j 0a0c0723-IMG_6371.jpeg tlc_0d386939-41d7-485c-9b17-56365e242efb_e9e392f.j tlc_f209a71a-1eba-420c-abb9-b9e8fec4213a_2d44f80.j 192fc98d-IMG_6363.jpeg 0f5c4acb-IMG_6364.jpeg 25955739-IMG_6359.jpeg 2d9e600c-IMG_6374.jpeg 3845051d-IMG_6368.jpeg 3f7be4fc-IMG_6369.jpeg 56e159bd-IMG_6365.jpeg tlc_d81cdc77-8b2d-4974-a254-bd86f1e48f10_39110be.j tlc_9ca92c8b-29db-4286-8cc3-4e4c66312258_b1a41a7.j

Nearby Streets

NameAverage PriceAverage SqftDistance
Meadow View Drive £ 000.00 KM
Church View Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lakenheath7201LAK8.24 KM

Nearby Listings

AddressPriceTypeScoreDistance
De Playz Close, Methwold £ 88,000BUY6 / 100.00 KM
De Playz Close, Methwold £ 290,000BUY7 / 100.03 KM
De Warrene Court, Methwold £ 300,000BUYUnknown0.09 KM
De Warrene Court, Methwold, Thetford £ 100,000BUY7 / 100.09 KM
Earlsfield Lane, Methwold £ 375,000BUY6 / 100.15 KM

Nearby Properties

AddressPriceDistance
6 Herbert Drive £ 133,0000.12 KM
38 Herbert Drive £ 138,0000.12 KM
9 Herbert Drive £ 167,5000.12 KM
28 Herbert Drive £ 176,0000.12 KM
38 Hythe Road £ 80,0000.38 KM