Mills Knight says ..
A TWO BEDROOM OVER THE PASSAGE TERRACE HOUSE SITUATED JUST NORTH OF THE CITY CENTRE
Property Oracle says ..
This two-bedroom terraced house located on Magpie Road in Norwich’s Sewell area presents a mixed bag. Its key advantage lies in its location, offering relative proximity to Norwich city centre, good schools, and transport links. Magdalen Gates Primary School, rated ‘Good’ by Ofsted, is within easy walking distance, making it an attractive option for families. The city centre and Norwich railway station are also relatively easily accessible.
However, the property’s condition is a significant factor to consider. The photographs reveal a somewhat dated interior that requires modernisation and renovation. Walls display wear, and the kitchen and bathroom appear quite basic and require upgrades. The potential repair costs should be factored into any purchase decision.
The absence of a sizeable garden is another notable aspect. Given that it’s a terraced house in a city setting this might be expected, but should be noted in assessing lifestyle suitability.
The listing price of £185,000 needs to be evaluated against the condition and size, as well as the local market dynamics. While the price seems in line with or below the average of some comparable properties on Magpie Road, the lack of detailed information on the square footage of comparable properties makes it difficult to assess this definitively. The need for renovation may mean that the property requires significant investment in order to be brought up to market standards. Potential buyers should therefore factor in these costs and their impact on overall value.
In summary, the property offers a convenient location and proximity to amenities but needs significant modernisation and lacks outdoor space. A potential buyer should carefully weigh the benefits of the location against the cost of the necessary improvements before making a decision.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 882.64
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
- 226,667.00 £Increased by 0.36 %
- Est sale value
- 274,501.04 £Increased by 16.48 %
- Average area rental value
- 1,053.00 £/moIncreased by 3.74 %
- Est letting value
- 882.64 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.57 %Increased by 3.34 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Mills Knight created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Magdalen Gates Primary School | Community School | Good | 0.30 KM |
| Angel Road Junior School | Academy Sponsor Led | 0.53 KM | |
| Angel Road Infant School | Academy Converter | 0.61 KM | |
| North City Children'S Centre | Children's Centre | 0.62 KM | |
| Jane Austen College | Free Schools | Good | 0.70 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Magpie Road | £ 225,000 | 0 | 0.00 KM |
| Old Whitings Court | £ 0 | 0 | 0.00 KM |
| Sackville Place | £ 0 | 0 | 0.00 KM |
| Saint Pauls Square | £ 0 | 0 | 0.00 KM |
| Taylors Buildings | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Norwich | 7309 | NRW | 1.80 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Magpie Road, Norwich | £ 185,000 | BUY | Unknown | 0.04 KM |
| Stacy Road, Norwich | £ 240,000 | BUY | 6 / 10 | 0.09 KM |
| Stacy Road, Norwich, NR3 | £ 230,000 | BUY | 5 / 10 | 0.09 KM |
| Stacy Road, Norwich | £ 230,000 | BUY | 7 / 10 | 0.09 KM |
| Guernsey Road, Norwich | £ 165,000 | BUY | 5 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 136 Magpie Road | £ 121,000 | 0.01 KM |
| 83 Magpie Road | £ 156,000 | 0.01 KM |
| 128 Magpie Road | £ 122,500 | 0.01 KM |
| 63 Magpie Road | £ 49,250 | 0.01 KM |
| 130 Magpie Road | £ 153,500 | 0.01 KM |