Melford Road, Stowmarket
HA

Melford Road, Stowmarket

By haart

£ 350,000

Reviews

3 out of 5 stars

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

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
250,000.00 £
Decreased by 9.66 %
from 276,724.00 £
Average area rental value
900.00 £/mo
Decreased by 16.28 %
from 1,075.00 £/mo
Est rental Yield
4.32 %
Decreased by 7.30 %
from 4.66 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • haart created the listing.

Nearby Schools

NameTypeOfstedDistance
Trinity Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolGood0.40 KM
Combs Ford Primary SchoolAcademy Converter0.49 KM
Sunshine Children'S CentreChildren's Centre1.01 KM
Cedars Park Community Primary SchoolAcademy ConverterRequires improvement1.72 KM
Acorn Cottage The LodgeOther Independent Special SchoolRequires improvement1.82 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hummingbird Drive £ 000.00 KM
Woodpecker Close £ 387,50000.00 KM
Fenn Close £ 000.00 KM
Muntjac Gardens £ 224,16500.00 KM
Hare Road £ 331,42600.00 KM

Nearby Transport

NameNLCTLCDistance
Stowmarket7355SMK1.60 KM
Needham Market7354NMT6.01 KM

Nearby Listings

AddressPriceTypeScoreDistance
Melford Road, Stowmarket £ 350,000BUY6 / 100.00 KM
Melford Road, Stowmarket, IP14 £ 250,000BUY6 / 100.06 KM
Melford Road, Stowmarket £ 230,000BUY7 / 100.10 KM
Melford Road, Stowmarket £ 260,000BUY7 / 100.11 KM
Lavenham Way, Stowmarket £ 200,000BUYUnknown0.12 KM

Nearby Properties

AddressPriceDistance
35 Melford Road £ 103,0000.05 KM
51 Melford Road £ 82,0000.05 KM
61 Melford Road £ 122,0000.05 KM
65 Melford Road £ 267,5000.05 KM
23 Melford Road £ 152,5000.05 KM