Ravensway, Downham Market, PE38
MO

Ravensway, Downham Market, PE38

By Morris Armitage

£ 445,000

Reviews

3 out of 5 stars

Morris Armitage says ..

Located in the popular ’Ravensway’ development within Downham Market is this spacious four bedroom detached family home with double garage. The property could be enhanced by some modernisation but the accommodation includes the welcoming entrance hall which serves the lounge which ...

Property Oracle says ..

This four-bedroom detached house in Downham Market, Norfolk, presents a mixed bag. Located in the Ravensway development, it enjoys convenient access to local schools, and Downham Market train station offers rail connections. The proximity to the higher-priced Nightingale Close further supports the desirability of the area. However, Downham Market is not a large town. Therefore, those seeking extensive amenities or a more vibrant city life may find this location somewhat limiting.

The property itself appears structurally sound, though the interior images reveal that some modernisation is required to enhance its aesthetic appeal and market value. The kitchen and bathrooms are functional but could benefit from refurbishment to meet modern standards. The garden provides an outdoor space, although its size does not significantly stand out in comparison to similar properties in the area. Overall, the property offers a solid foundation, but prospective buyers should factor in the costs of updating and modernising the interior to their liking.

The listing price of £445,000 aligns reasonably with the prices of other comparable detached homes on Ravensway. However, an accurate price per square foot comparison is not possible without complete sqft data. It’s important to note that the absence of information regarding plot size in the provided data set does not allow for a precise assessment of the property’s total 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
7
Condition
6
Location
7
Land
4
Bedrooms
4
Bathrooms
2
Sqft (est)
1,727.72

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
245,074.00 £
Decreased by 15.93 %
from 291,529.00 £
Est sale value
406,014.20 £
Decreased by 37.50 %
from 649,622.72 £
Average area rental value
1,254.00 £/mo
Decreased by 5.43 %
from 1,326.00 £/mo
Est letting value
1,727.72 £/mo
Unchanged by 0.00 %
from 1,727.72 £/mo
Est rental Yield
6.14 %
Increased by 12.45 %
from 5.46 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Morris Armitage created the listing.

Nearby Schools

NameTypeOfstedDistance
Denver Voluntary Controlled Primary SchoolVoluntary Controlled SchoolGood0.62 KM
Downham Market Children'S CentreChildren's Centre1.26 KM
Downham Market AcademyAcademy Sponsor Led1.36 KM
Nelson AcademyAcademy Sponsor LedGood1.48 KM
Downham Market, Hillcrest Primary SchoolCommunity SchoolGood1.73 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Oakfield Close £ 245,00000.00 KM
Ryston End £ 000.00 KM
Nightingale Close £ 415,00000.00 KM
Southern Bypass £ 000.00 KM
Rampant Horse Lane £ 103,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Downham Market7055DOW2.00 KM
Watlington7057WTG8.74 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ravensway, Downham Market, PE38 £ 445,000BUY6 / 100.00 KM
Downham Market £ 379,995BUY7 / 100.00 KM
Ravensway, Downham Market, Norfolk, PE38 £ 425,000BUY7 / 100.00 KM
Downham Market, Norfolk £ 409,995BUY7 / 100.00 KM
Downham Market, Norfolk £ 299,995BUYUnknown0.00 KM

Nearby Properties

AddressPriceDistance
29 Ravensway £ 346,0000.00 KM
4 Ravensway £ 325,0000.00 KM
13 Ravensway £ 370,0000.00 KM
28 Ravensway £ 367,5000.00 KM
12 Ravensway £ 380,0000.00 KM