Abbotts says ..

Property Oracle says ..

The property is located in Lakenham, Norwich, and is an end of terrace house with three bedrooms and one bathroom. The asking price is £240,000. The average house price in the area is £250,893, with an average price per square foot of £327. However, the square footage of the subject property is not provided, preventing a direct comparison using price per square foot. The property appears to be in reasonable condition based on the provided images. While there is no evidence of significant disrepair, the décor is dated, and some modernisation might enhance its appeal. The property benefits from a small garden area, which is a positive feature. Given the lack of information on the property’s square footage, a precise assessment of value is impossible. However, considering the average house price in the area is slightly higher than the asking price, and nearby properties have sold for comparable prices, the asking price of £240,000 appears to be within the reasonable range for this location and property type. The proximity to schools such as Edith Cavell Academy (rated ‘Good’ by Ofsted) is a positive factor for families. The relatively close distance to Norwich city centre via public transportation (Greater Anglia, 3.02 KM) also adds to the property’s appeal.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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