Russen & Hill Estate Agents says ..

Property Oracle says ..

The property is a semi-detached bungalow located on Norwich Road in New Costessey, South Norfolk. It has one bedroom and one bathroom, and covers 513.08 square feet on a 589.43 square foot plot. The list price is £200,000. The property is situated relatively close to several schools, including Banks House School (0.33 km), Clover Hill VA Infant and Nursery School (1.06 km), and Valley Primary Academy (1.06 km). The nearest major transportation hub, Norwich, is approximately 8.38 km away. This suggests a reasonably convenient location for families and commuters. However, without further information on the quality of local amenities and transport links, a definitive location score is difficult to assign. Based on the provided images, the property appears to be in good condition. It seems well-maintained and recently refurbished, possibly as a commercial property (hair salon). There is no visible evidence of significant repair or renovation needs. The property includes a small gravel parking area, which is a positive feature. However, the images do not clearly show a garden, making it difficult to assess the land score. Considering the list price of £200,000, the average price in the area is £334,022, and the average price per square foot is £323. This property is significantly smaller than the average (513 sqft vs 1034 sqft). While the property appears to be in good condition and benefits from its location, the price seems relatively high compared to other nearby properties, especially considering its size. Several nearby semi-detached properties are listed at lower prices. Therefore, the price-to-value ratio may not be optimal.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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