Burnham Meadows, Burnham Market
MI

Burnham Meadows, Burnham Market

By Minors & Brady

£ 615,000

Reviews

4 out of 5 stars

Minors & Brady says ..

*** LAUNCHING 25th & 26th APRIL *** Join us for our exclusive open event, at Burnham Meadows, by appointment only, call now to book.

Property Oracle says ..

Burnham Market is a highly desirable village in North West Norfolk, known for its picturesque setting and affluent community. The property’s location within this village is a significant positive, contributing to its overall value. The proximity to Burnham Market Primary School (1.25km) is beneficial for families, although the Ofsted rating is not provided. The lack of nearby transportation information limits a full assessment of this aspect.

The property appears to be newly built or recently renovated, exhibiting a high standard of finish and modern design throughout. The images show a contemporary kitchen and bathrooms, and well-maintained interior spaces. This suggests excellent condition. The inclusion of a garden is evident in the provided photographs, adding to the property’s appeal.

The list price of £615,000 is considerably higher than the average house price in the area (£265,511). However, comparing it to nearby comparable properties reveals a more nuanced picture. While some nearby properties are listed at lower prices, others, particularly those in similar locations, command significantly higher prices. The lack of square footage information for nearby properties makes a precise comparison of price per square foot difficult. The property’s modern condition, desirable location, and inclusion of a garden justify a higher price point than the average for the area. The price per square foot in the area is £302.00, and given the quality and location of this property, the list price appears reasonable, though perhaps at the higher end of the market.

The property’s modern design and high-quality finish are clearly evident in the photos. It does not appear to require any renovation. The property has a garden.

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
9
Land
7
Bedrooms
3
Bathrooms
2
Sqft (est)
880.49

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
1,105,000.00 £
Increased by 30.13 %
from 849,153.00 £
Est sale value
1,443,123.11 £
Increased by 162.24 %
from 550,306.25 £
Average area rental value
1,532.00 £/mo
Increased by 14.67 %
from 1,336.00 £/mo
Est letting value
1,760.98 £/mo
from 0.00 £/mo
Est rental Yield
1.66 %
Decreased by 12.17 %
from 1.89 %
Crime Rate
229.00 %
Unchanged by 0.00 %
from 229.00 %

Agent Activity

  • Minors & Brady created the listing.

Nearby Schools

NameTypeOfstedDistance
Burnham Market Primary SchoolAcademy Sponsor Led1.25 KM
Blenheim Park AcademyAcademy Sponsor LedRequires improvement9.62 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Beacon Hill Road £ 750,00000.00 KM
Saint Edmunds Lane £ 1,150,00000.00 KM
Jewel's Close £ 000.00 KM
Friar's Lane £ 600,00000.00 KM
Mill Wood Lane £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Burnham Meadows, Burnham Market £ 615,000BUY8 / 100.00 KM
Burnham Meadows, Burnham Market £ 675,000BUY8 / 100.03 KM
Burnham Meadows, Burnham Market £ 700,000BUY8 / 100.05 KM
Plot 2, Burnham Meadows £ 660,000BUY7 / 100.06 KM
Plot 9, Burnham Meadows £ 580,000BUY7 / 100.06 KM

Nearby Properties

AddressPriceDistance
2 Back Lane £ 337,0000.09 KM
39 Sutton Estate £ 195,0000.09 KM
4 Sutton Estate £ 120,0000.09 KM
26 Sutton Estate £ 280,0000.09 KM
7 Sutton Estate £ 46,5000.09 KM