Olive Road, New Costessey
Russen & Hill Estate Agents logo

Olive Road, New Costessey

By Russen & Hill Estate Agents

£ 390,000

Reviews

3 out of 5 stars

Russen & Hill Estate Agents says ..

***** Be quick to view this 3/4 BEDROOM NEWLY RENOVATED DETACHED BUNGALOW located in the very popular suburb of New Costessey. The property has entrance hall, KITCHEN/FAMILY ROOM, utility/cloakroom, lounge/bedroom four, bathroom, lovely mature rear garden with ENTERTAINMENT AREA, driveway & gara...

Property Oracle says ..

This property is a 4-bedroom detached bungalow situated on Olive Road in New Costessey, South Norfolk. The property benefits from a list price of £390,000, and has 926.17 sqft of internal living space and a plot size of 1,036.89 sqft.

The property appears to be in excellent condition, having undergone a recent modernisation. The kitchen and extension are modern and well-presented. The garden is of a good size for a bungalow of this type and offers a good degree of privacy. There is also a detached garage.

The location is good, with nearby schools including Norwich Primary Academy (rated ‘Good’ by Ofsted) and several other schools within a reasonable distance. Norwich city centre is also within commuting distance via car.

Considering the average house price in the area is £334,022 and the average price per sqft is £323, this property, at £390,000, is slightly above average. However, given its excellent condition, modern extension, and good-sized garden, the asking price appears reasonable. The nearby comparable properties on Olive Road support this assessment, although the lack of sqft data for these properties makes a precise comparison difficult.

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

Price
7
Condition
9
Location
7
Land
7
Bedrooms
4
Bathrooms
1
Sqft (est)
926.17
Lot (est)
1,036.89

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
289,300.00 £
Decreased by 12.05 %
from 328,936.00 £
Est sale value
342,682.90 £
Increased by 25.85 %
from 272,293.98 £
Average area rental value
1,300.00 £/mo
Increased by 59.31 %
from 816.00 £/mo
Est letting value
926.17 £/mo
from 0.00 £/mo
Est rental Yield
5.39 %
Increased by 80.87 %
from 2.98 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Russen & Hill Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Banks House SchoolOther Independent Special School0.69 KM
Valley Primary AcademyAcademy Sponsor LedRequires improvement0.75 KM
Earlham Early Years CentreChildren's Centre1.23 KM
Future EducationOther Independent Special SchoolRequires improvement1.27 KM
Norwich Primary AcademyAcademy Sponsor LedGood1.38 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Leewood Crescent £ 000.00 KM
Gunton Lane £ 000.00 KM
Jamieson Place £ 000.00 KM
Saint Edmunds Close £ 312,50000.00 KM
George Dance Place £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW7.77 KM

Nearby Listings

AddressPriceTypeScoreDistance
Olive Road, New Costessey £ 390,000BUY7 / 100.00 KM
Olive Road, Bowthorpe £ 390,000BUY7 / 100.00 KM
Gunton Lane, Costessey, Norwich £ 235,000BUY6 / 100.10 KM
Olive Road, NR5 £ 350,000BUY7 / 100.13 KM
Gunton Lane, Norwich, Norfolk, NR5 £ 170,000BUY5 / 100.14 KM

Nearby Properties

AddressPriceDistance
55 Olive Road £ 200,0000.01 KM
57 Olive Road £ 177,5000.01 KM
70 Olive Road £ 165,0000.01 KM
54 Olive Road £ 245,0000.01 KM
58 Olive Road £ 183,0000.01 KM