Melford Close, Peterborough
CO

Melford Close, Peterborough

By Connells

£ 350,000

Reviews

3 out of 5 stars

Connells says ..

Located off of Thorpe Road is this beautiful, detached bungalow. Open plan lounge/kitchen/diner, conservatory, two double bedrooms, en-suite to the master and family bathroom. Outside is an enclosed well maintained wrap around rear garden, snug/office, driveway and garage.

Property Oracle says ..

The property is a detached bungalow situated in Melford Close, Peterborough, Cambridgeshire.

It boasts 2 bedrooms and 1 bathroom, and a total area of 591.66 sqft. The property includes a well-maintained garden, with a patio area, greenhouse and shed. The interior shows a recently modernised kitchen and bathroom.

The location is reasonably good, with nearby primary and secondary schools within a short distance. Peterborough train station is also relatively close, offering convenient transport links. However, the plot size is small, which may be a drawback for some buyers.

Based on the images provided, the property appears to be in excellent condition. The kitchen and bathroom have been recently updated, and the rest of the property seems well-maintained.

Considering the property’s condition, location, and relatively small plot size, the list price of £350,000 seems slightly high compared to the average price per sqft in the area (£292.00). Nearby comparable properties on Melford Close have sold for between £175,000 and £365,000. However, the modernisations carried out on this property may justify a higher price. Further analysis of comparable properties with similar recent renovations would be beneficial to determine a more accurate valuation.

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
6
Bedrooms
2
Bathrooms
1
Sqft (est)
591.66

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
502,500.00 £
Increased by 40.73 %
from 357,077.00 £
Est sale value
266,247.00 £
Increased by 89.08 %
from 140,815.08 £
Average area rental value
961.00 £/mo
Decreased by 1.13 %
from 972.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.29 %
Decreased by 29.97 %
from 3.27 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
Longthorpe Primary SchoolAcademy Converter0.44 KM
Jack Hunt SchoolAcademy Converter1.13 KM
Middleton Primary SchoolAcademy Sponsor Led1.22 KM
Thorpe Primary SchoolAcademy Sponsor Led1.27 KM
Sacred Heart Catholic Primary SchoolAcademy Converter1.70 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Upton Close £ 771,00000.00 KM
The Leys £ 292,49800.00 KM
Oliver St. John Place £ 1,000,00000.00 KM
Blind Lane £ 30,00000.00 KM
Carters Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Peterborough6133PBO3.77 KM

Nearby Listings

AddressPriceTypeScoreDistance
Thorpe Road, Peterborough, PE3 6LX £ 300,000BUY6 / 100.09 KM
Melford Close, Peterborough £ 350,000BUY7 / 100.10 KM
Trinity Cottage, Longthorpe £ 500,000BUYUnknown0.11 KM
Melford Close, Peterborough £ 365,000BUY7 / 100.14 KM
Thorpe Road, Peterborough, Cambridgeshire, PE3 £ 415,000BUY7 / 100.15 KM

Nearby Properties

AddressPriceDistance
8 Melford Close £ 301,0000.00 KM
19 Melford Close £ 320,0000.00 KM
1 Melford Close £ 242,0000.00 KM
24 Melford Close £ 267,5000.00 KM
12 Melford Close £ 275,5000.00 KM