haart says ..
In need of updating, tis spacious home is ideal for those looking to make their own mark. The property is spacious throughout and benefits from two receptions, four bedrooms, sunny gardens and is chain free
Property Oracle says ..
The property is a 4-bedroom detached house located on Melford Road in Stowmarket, Suffolk. The asking price is £350,000. The property benefits from being close to local amenities and transport links. Stowmarket train station is approximately 1.6km away, providing convenient access to Ipswich and other areas. Several primary schools are within a short distance, including Trinity Church of England Voluntary Aided Primary School (rated ‘Good’ by Ofsted) which is only 0.4km away. Based on the provided images, the property appears to be in need of some modernisation. The interior décor is dated, and some updating of fixtures and fittings would likely enhance its appeal. The garden is of a reasonable size and offers potential for improvement. Considering the average house price in the area is £253,911, and the average price per sqft is £282, the asking price of £350,000 for this 4-bedroom detached property seems relatively high, especially given the need for modernisation. However, the lack of sqft data for this property and the surrounding properties makes a definitive price per sqft comparison impossible. Nearby comparable properties show a wide range of prices, suggesting that the market in this area may be somewhat volatile. Further investigation into the specific size of the property and plot would be needed to determine a more accurate assessment of the value.
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
- 6
- Condition
- 6
- Location
- 8
- Land
- 7
- Bedrooms
- 4
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 250,000.00 £Decreased by 9.66 %
- Average area rental value
- 900.00 £/moDecreased by 16.28 %
- Est rental Yield
- 4.32 %Decreased by 7.30 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
haart created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Trinity Church Of England Voluntary Aided Primary School | Voluntary Aided School | Good | 0.40 KM |
| Combs Ford Primary School | Academy Converter | 0.49 KM | |
| Sunshine Children'S Centre | Children's Centre | 1.01 KM | |
| Cedars Park Community Primary School | Academy Converter | Requires improvement | 1.72 KM |
| Acorn Cottage The Lodge | Other Independent Special School | Requires improvement | 1.82 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hummingbird Drive | £ 0 | 0 | 0.00 KM |
| Woodpecker Close | £ 387,500 | 0 | 0.00 KM |
| Fenn Close | £ 0 | 0 | 0.00 KM |
| Muntjac Gardens | £ 224,165 | 0 | 0.00 KM |
| Hare Road | £ 331,426 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Stowmarket | 7355 | SMK | 1.60 KM |
| Needham Market | 7354 | NMT | 6.01 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Melford Road, Stowmarket | £ 350,000 | BUY | 6 / 10 | 0.00 KM |
| Melford Road, Stowmarket, IP14 | £ 250,000 | BUY | 6 / 10 | 0.06 KM |
| Melford Road, Stowmarket | £ 230,000 | BUY | 7 / 10 | 0.10 KM |
| Melford Road, Stowmarket | £ 260,000 | BUY | 7 / 10 | 0.11 KM |
| Lavenham Way, Stowmarket | £ 200,000 | BUY | Unknown | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 35 Melford Road | £ 103,000 | 0.05 KM |
| 51 Melford Road | £ 82,000 | 0.05 KM |
| 61 Melford Road | £ 122,000 | 0.05 KM |
| 65 Melford Road | £ 267,500 | 0.05 KM |
| 23 Melford Road | £ 152,500 | 0.05 KM |