Lexham Road, Litcham, PE32
BE

Lexham Road, Litcham, PE32

By Belton Duffey

£ 500,000

Reviews

3 out of 5 stars

Belton Duffey says ..

Individual detached family house with 4 bedroom accommodation offering scope to enhance and extend, edge of village in 1/3 acre (sts) gardens backing onto countryside. No chain.

Property Oracle says ..

Lexham Road, Litcham, PE32 is a four-bedroom, two-bathroom detached property situated in the village of Litcham, Norfolk. The property is listed at £500,000 and has a plot size of 2,034.90 sqft and 1,549.20 sqft of internal living space. The property benefits from being close to Litcham School (0.67km) and Litcham Children’s Centre (0.68km), making it potentially attractive to families. The surrounding area also has a number of other primary schools within a reasonable distance, although their Ofsted ratings are not provided. Based on the images provided, the property appears to be in need of some modernisation. The kitchen and bathrooms show their age, and the carpets and decor throughout suggest an overall tired aesthetic. The property does however, benefit from a good sized garden and a detached double garage. Considering the average house price in the area is £405,309 and the average price per sqft is £234, the asking price of £500,000 for this property appears to be on the higher end of the market, especially considering the condition. While the property has a larger than average plot size and is located in a desirable village setting, the need for modernisation may impact its perceived value. A more detailed survey would be needed to accurately assess the extent of the required works and their associated costs. The property could benefit from being marketed to buyers looking for a project, and the description should highlight the potential of the property once renovated. The large garden and double garage are also key selling points.

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
7
Land
7
Bedrooms
4
Bathrooms
2
Sqft (est)
1,549.20
Lot (est)
2,034.90

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
350,000.00 £
Decreased by 47.18 %
from 662,611.00 £
Est sale value
549,966.00 £
Decreased by 27.40 %
from 757,558.80 £
Average area rental value
525.00 £/mo
Decreased by 51.16 %
from 1,075.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
1.80 %
Decreased by 7.69 %
from 1.95 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Belton Duffey created the listing.

Nearby Schools

NameTypeOfstedDistance
Litcham SchoolAcademy Converter0.67 KM
Litcham Children'S CentreChildren's Centre0.68 KM
Great Dunham Primary SchoolAcademy Converter3.31 KM
Beeston Primary SchoolAcademy ConverterGood4.55 KM
Weasenham Church Of England Primary AcademyAcademy ConverterGood6.29 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Manor Drive £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lexham Road, Litcham, PE32 £ 500,000BUY6 / 100.00 KM
Back Street, Litcham, King's Lynn, Norfolk £ 450,000BUY7 / 100.37 KM
Weasenham Road, Litcham, PE32 £ 450,000BUYUnknown0.66 KM
Church Street, Litcham, King's Lynn, Norfolk, PE32 £ 250,000BUY6 / 100.66 KM
Wellingham Road, King's Lynn, PE32 £ 315,000BUY6 / 100.73 KM

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Penny Cottage £ 140,0000.19 KM