London Road, Downham Market, PE38
MO

London Road, Downham Market, PE38

By Morris Armitage

£ 415,000

Reviews

4 out of 5 stars

Morris Armitage says ..

Now fully completed and ready to purchase with no onward chain, these newly constructed, detached bungalows enjoy a wonderful location just tucked away along the popular London Road area of the Town. Built by a local, award-winning developer, ‘Crowfields’ is a newly created Mews co...

Property Oracle says ..

The property is a 3 bedroom detached bungalow situated in Downham Market, Norfolk. The location benefits from being relatively close to Downham Market Train Station (Govia Thameslink Railway) at 1.63km and several schools including Denver Voluntary Controlled Primary School (Good Ofsted rating) and Nelson Academy (Good Ofsted rating), both within approximately 1km. The property appears to be modern in design and construction, and from the images provided, is presented in excellent condition. The images show a well-maintained garden, suggesting a good land score. Considering the average house price in the area is £265,511 and the average price per sqft is £302, the listed price of £415,000 for this 1,121.06 sqft property seems slightly higher than average, but justifiable given the property’s apparent modern condition, the presence of a garden, and its proximity to local amenities and transport links. However, without precise plot size information, a definitive conclusion on the price-to-sqft ratio cannot be drawn. Further comparable sales data in the immediate vicinity would help to refine this assessment.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
10
Location
8
Land
7
Bedrooms
3
Bathrooms
2
Sqft (est)
1,121.06

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
263,449.10 £
Decreased by 37.50 %
from 421,518.56 £
Average area rental value
1,254.00 £/mo
Decreased by 5.43 %
from 1,326.00 £/mo
Est letting value
1,121.06 £/mo
Unchanged by 0.00 %
from 1,121.06 £/mo
Est rental Yield
6.14 %
Increased by 12.45 %
from 5.46 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Morris Armitage created the listing.

Nearby Schools

NameTypeOfstedDistance
Downham Market Children'S CentreChildren's Centre0.86 KM
Denver Voluntary Controlled Primary SchoolVoluntary Controlled SchoolGood1.01 KM
Nelson AcademyAcademy Sponsor LedGood1.09 KM
Downham Market AcademyAcademy Sponsor Led1.33 KM
Downham Market, Hillcrest Primary SchoolCommunity SchoolGood1.75 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Oakfield Close £ 245,00000.00 KM
Ryston End £ 000.00 KM
Rampant Horse Lane £ 103,50000.00 KM
Town Square £ 000.00 KM
Old Maltings Way £ 142,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Downham Market7055DOW1.63 KM
Watlington7057WTG8.44 KM

Nearby Listings

AddressPriceTypeScoreDistance
London Road, Downham Market, PE38 £ 479,995BUY6 / 100.00 KM
London Road, Downham Market, PE38 £ 415,000BUY8 / 100.00 KM
London Road, Downham Market, PE38 £ 550,000BUY7 / 100.00 KM
London Road, Downham Market, PE38 £ 140,000BUY5 / 100.00 KM
London Road, Downham Market £ 325,000BUY8 / 100.01 KM

Nearby Properties

AddressPriceDistance
126 London Road £ 645,0000.01 KM
108 London Road £ 282,0000.01 KM
43 London Road £ 90,0000.01 KM
64 London Road £ 235,0000.01 KM
49a London Road £ 260,0000.01 KM