Minors & Brady says ..

Property Oracle says ..

The property is a 3 bedroom, 2 bathroom bungalow located in Caister-on-Sea, Norfolk. It has a plot size of 1,431 sqft and a total area of 1,028 sqft. The asking price is £350,000.

The property appears to be well-maintained and in good condition, with a recently updated kitchen and bathrooms. The interior decor is dated in some areas, but the property is generally clean and tidy. The presence of a conservatory suggests an additional living space and the garden is of a reasonable size, providing outdoor space.

Caister-on-Sea is a coastal town in Norfolk, offering a quieter lifestyle compared to larger towns and cities. The proximity to the coast is a significant advantage, providing recreational opportunities. The presence of several well-regarded schools nearby, such as John Grant School (Outstanding Ofsted rating), makes the location attractive to families. Transportation links, while not extensive, are available with Great Yarmouth train station being a reasonable distance away.

Considering the average price per sqft in the area is £464, and the average house price is £572,941, the asking price of £350,000 for this 1,028 sqft property seems reasonably priced, especially given its good condition and the inclusion of a garden. However, the lack of comparable property data with sqft information makes a definitive conclusion difficult. The nearby listings provide some price context, but without sqft details, a precise price-per-sqft comparison is not possible. The fact that similar properties on Tyne Mews have sold for around £167,000-£235,000 suggests that the £350,000 asking price may be on the higher end of the market value for the area, but the property’s condition and garden could justify this price.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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