Retreat Estate, Downham Market
WI

Retreat Estate, Downham Market

By William H. Brown

£ 200,000

Reviews

3 out of 5 stars

William H. Brown says ..

Attention first time buyers! A fantastic opportunity to purchase this 2 bed semi-detached house, occupying a large plot & within walking distance to Downham Market town centre! The property is well-presented throughout, boasting a modern kitchen & large lounge, plus ample off-road parking.

Property Oracle says ..

The property is a 2 bedroom semi-detached house located in Retreat Estate, Downham Market, Norfolk. It benefits from a modern kitchen and conservatory, and has a garden. The property is conveniently located near Downham Market train station (2.41km) and several schools including Hillcrest Primary School (0.66km) which has a good Ofsted rating. The average house price in the area is £265,511, significantly higher than the list price of £200,000 for this property. However, the average house size is 879 sqft, considerably larger than the 650 sqft of this property. The average price per sqft in the area is £302, suggesting that the list price of this property may be slightly undervalued, particularly given its modern kitchen and conservatory. The property appears to be in good condition, with a well-maintained interior and garden. The relatively small plot size is a factor to consider. Considering the location, condition, and size, the list price seems reasonable, although potentially slightly below market value given the average price per square foot in the area. Further investigation into comparable properties in the immediate vicinity would provide a more definitive assessment.

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
8
Location
7
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
650.00

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
152,750.00 £
Decreased by 37.50 %
from 244,400.00 £
Average area rental value
1,254.00 £/mo
Decreased by 5.43 %
from 1,326.00 £/mo
Est letting value
650.00 £/mo
Unchanged by 0.00 %
from 650.00 £/mo
Est rental Yield
6.14 %
Increased by 12.45 %
from 5.46 %
Crime Rate
16.00 %
Unchanged by 0.00 %
from 16.00 %

Agent Activity

  • William H. Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
Downham Market AcademyAcademy Sponsor Led0.42 KM
Downham Market, Hillcrest Primary SchoolCommunity SchoolGood0.66 KM
Nelson AcademyAcademy Sponsor LedGood1.35 KM
Wimbotsham And Stow AcademyAcademy Converter1.38 KM
Downham Market Children'S CentreChildren's Centre1.48 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Stirling Close £ 240,00000.00 KM
Wordsworth Close £ 000.00 KM
Keats Close £ 199,95000.00 KM
Lynn Road £ 407,50000.00 KM
Howdale Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Downham Market7055DOW2.41 KM
Watlington7057WTG7.29 KM

Nearby Listings

AddressPriceTypeScoreDistance
Retreat Estate, Downham Market £ 180,000BUYUnknown0.00 KM
Retreat Estate, Downham Market £ 200,000BUY7 / 100.00 KM
Sandiacre Lane, Downham Market, PE38 £ 300,000BUY6 / 100.06 KM
Stirling Close, Downham Market, Norfolk, PE38 £ 270,000BUY6 / 100.14 KM
Retreat Estate, Downham Market, PE38 £ 190,000BUYUnknown0.15 KM

Nearby Properties

AddressPriceDistance
3 Retreat Estate £ 164,0000.00 KM
5 Retreat Estate £ 210,0000.00 KM
49 Retreat Estate £ 179,9950.00 KM
21 Retreat Estate £ 132,5000.00 KM
57 Retreat Estate £ 97,0000.00 KM