Wells Road, Fakenham, Norfolk
SP

Wells Road, Fakenham, Norfolk

By Spalding & Co

£ 89,950

Reviews

2 out of 5 stars

Spalding & Co says ..

Sold With No Upward Chain - this self-contained apartment could be an ideal investment or First Home. With an open plan sitting room and dining area, a separate kitchen, bathroom and a double bedroom - this property lends itself to those looking for an investment or are looking to climb on the pr...

Property Oracle says ..

This property is a 1-bedroom apartment located on Wells Road in Fakenham, Norfolk. The apartment is situated in a convenient location, relatively close to several schools including Fakenham Academy (rated Good by Ofsted) and several primary schools. While the provided images show the property to be in a generally livable condition, some aspects appear dated and could benefit from modernisation. The property itself is relatively small, at 724.84 sqft, and does not include a garden or outside space. Compared to the average property price in the area (£296,125) and average price per sqft (£300), the listed price of £89,950 appears significantly lower. However, this should be considered in the context of the property’s size, condition, and lack of outdoor space. Nearby comparable properties show a range of prices, with some apartments selling for similar prices and others significantly higher. Additional information on the property’s condition and any potential maintenance needs would be beneficial in making a final assessment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
6
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
724.84

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
313,000.00 £
Increased by 3.13 %
from 303,514.00 £
Est sale value
200,055.84 £
Decreased by 3.83 %
from 208,029.08 £
Average area rental value
908.00 £/mo
Decreased by 15.14 %
from 1,070.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 724.84 £/mo
Est rental Yield
3.48 %
Decreased by 17.73 %
from 4.23 %
Crime Rate
19.00 %
Unchanged by 0.00 %
from 19.00 %

Agent Activity

  • Spalding & Co marked this listing as sold.

  • Spalding & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Duke Of Lancaster SchoolFree Schools Special0.41 KM
Fakenham Junior SchoolAcademy Converter0.59 KM
Fakenham AcademyAcademy Sponsor LedGood0.84 KM
Fakenham Infant And Nursery SchoolAcademy Converter1.51 KM
Fakenham Gateway Surestart Children'S CentreChildren's Centre1.52 KM

Images

IMG_3323 IMG_3309 IMG_3321 IMG_3324 IMG_3311 IMG_3312 IMG_3319 IMG_3314

Nearby Streets

NameAverage PriceAverage SqftDistance
Nelson Road £ 000.00 KM
Dewing Close £ 000.00 KM
Highfield Road £ 000.00 KM
Field Lane £ 410,00000.00 KM
Kings Road £ 225,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Wells Road, Fakenham, Norfolk £ 89,950BUY5 / 100.00 KM
Nelson Road, Fakenham £ 210,000BUY6 / 100.08 KM
Nelson Road, Fakenham £ 350,000BUY6 / 100.10 KM
Fakenham £ 550,000BUY8 / 100.12 KM
50B Oak Street, Fakenham NR21 9DY £ 30,000BUY5 / 100.13 KM

Nearby Properties

AddressPriceDistance
9 Wells Road £ 295,0000.02 KM
23 Wells Road £ 270,0000.02 KM
1 - 3 Wells Road £ 365,0000.02 KM
13 Wells Road £ 253,0000.02 KM
34 Wells Road £ 90,0000.05 KM