Magpie Place, Wymondham
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Magpie Place, Wymondham

By Hammond & Stratford

£ 240,000

Reviews

3 out of 5 stars

Hammond & Stratford says ..

Located in a desirable cul-de-sac on a modern development, this immaculate semi-detached home is perfect for first-time buyers. Boasting an open plan living space, contemporary kitchen with integrated appliances and a south-west facing garden, this property also enjoys off-road parking and excell...

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom semi-detached house listed at £240,000. The images show a property that appears to be in good condition, with a modern kitchen and bathrooms. The property also benefits from a small, enclosed rear garden. Considering the average price per square foot in the area is £290, and this property is 678.13 sqft, a rough estimate of its value would be around £197,000. However, the list price is £240,000, which is significantly higher. This discrepancy may be due to several factors, including the property’s condition, location, and the current market conditions. While the property appears well-maintained from the images provided, the lack of plot size information makes it difficult to assess the overall value accurately. The location, being in Wymondham, appears convenient with relatively close proximity to transportation links and schools. However, more specific information on the proximity to amenities and the quality of local schools would be needed for a more detailed assessment. The relatively small size of the property (678.13 sqft) compared to the area average (1205 sqft) might also contribute to the lower estimated value. The lack of detailed information on the plot size prevents a thorough assessment of the land aspect. In summary, while the property seems well-maintained and conveniently located, the list price appears somewhat high compared to a basic calculation based on average price per sqft in the area. Further investigation into specific location advantages and plot size would be beneficial in fully assessing the property’s value.

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

Price
6
Condition
8
Location
7
Land
3
Bedrooms
2
Bathrooms
2
Sqft (est)
678.13

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
420,000.00 £
Increased by 28.91 %
from 325,804.00 £
Est sale value
472,656.61 £
Increased by 120.57 %
from 214,289.08 £
Average area rental value
1,400.00 £/mo
Increased by 9.12 %
from 1,283.00 £/mo
Est letting value
1,356.26 £/mo
Increased by 100.00 %
from 678.13 £/mo
Est rental Yield
4.00 %
Decreased by 15.43 %
from 4.73 %
Crime Rate
34.00 %
Unchanged by 0.00 %
from 34.00 %

Agent Activity

  • Hammond & Stratford created the listing.

Nearby Schools

NameTypeOfstedDistance
Browick Road Primary And Nursery SchoolCommunity SchoolOutstanding1.65 KM
Wymondham High AcademyAcademy ConverterGood2.18 KM
Ashleigh Primary School And Nursery, WymondhamCommunity SchoolOutstanding2.56 KM
Wymondham Area Children'S CentreChildren's Centre2.64 KM
Robert Kett Primary SchoolFoundation SchoolRequires improvement2.64 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Lark Lane £ 000.00 KM
Monarch Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Wymondham7383WMD1.20 KM
Spooner Row7379SPN4.90 KM

Nearby Listings

AddressPriceTypeScoreDistance
Magpie Place, Wymondham, Norfolk, NR18 £ 230,000BUYUnknown0.01 KM
Swallow Drive, Wymondham, Norfolk, NR18 £ 450,000BUY8 / 100.04 KM
Swallow Drive, Wymondham, NR18 £ 425,000BUY7 / 100.04 KM
Swallow Drive, Wymondham £ 450,000BUYUnknown0.04 KM
Magpie Place, Wymondham, Norfolk, NR18 £ 325,000BUY7 / 100.06 KM

Nearby Properties

AddressPriceDistance
Colls Farm £ 500,0000.38 KM
80 Silfield Road £ 305,0000.43 KM
94 Silfield Road £ 196,0000.43 KM
Park House £ 119,2540.43 KM
86 Silfield Road £ 185,0000.43 KM