Park Lane, Wymondham, Norfolk, NR18
AB

Park Lane, Wymondham, Norfolk, NR18

By Abbotts

£ 250,000

Reviews

3 out of 5 stars

Abbotts says ..

Guide price £250,000 and £270,000. No Onward Chain - Charming 1950s Semi-Detached Home with Great Potential This delightful 1950s semi-detached house sits on a large, established plot, offering ample off-road parking and exciting opportunities to personalize. Wit...

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom house located on Park Lane in Wymondham, Norfolk. The list price is £250,000. The property appears to be in generally good condition, although some modernisation may be desirable. The interior shows some dated features, such as the carpets and kitchen tiling, but the structure seems sound. The garden is a reasonable size and well-maintained. The location is good, being in Wymondham, a town with amenities and transport links. The proximity to schools is a positive, with several primary and secondary schools within a reasonable distance, including those rated as ‘Outstanding’ by Ofsted. The nearby train station provides access to other areas. Considering the average price per square foot in the area (£290) and the property’s size (957.99 sqft), a rough estimate of the property’s value would be around £277,500. However, the actual average price in the area is significantly higher (£349,907), and nearby comparable properties on Park Lane are listed at prices ranging from £174,000 to £420,000. The list price of £250,000 therefore seems relatively reasonable, particularly considering the need for some modernisation. However, it is important to note that the absence of plot size information for comparable properties makes a precise price comparison difficult.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
8
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
957.99

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
667,719.03 £
Increased by 120.57 %
from 302,724.84 £
Average area rental value
1,400.00 £/mo
Increased by 9.12 %
from 1,283.00 £/mo
Est letting value
1,915.98 £/mo
Increased by 100.00 %
from 957.99 £/mo
Est rental Yield
4.00 %
Decreased by 15.43 %
from 4.73 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Abbotts created the listing.

Nearby Schools

NameTypeOfstedDistance
Browick Road Primary And Nursery SchoolCommunity SchoolOutstanding1.10 KM
Wymondham High AcademyAcademy ConverterGood1.70 KM
Robert Kett Primary SchoolFoundation SchoolRequires improvement2.11 KM
Ashleigh Primary School And Nursery, WymondhamCommunity SchoolOutstanding2.37 KM
Wymondham Area Children'S CentreChildren's Centre2.42 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Lark Lane £ 000.00 KM
Chain Entry £ 000.00 KM
Wharton's Court £ 000.00 KM
Church Street £ 000.00 KM
Fern Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Wymondham7383WMD0.60 KM
Spooner Row7379SPN4.44 KM

Nearby Listings

AddressPriceTypeScoreDistance
Park Lane, Wymondham, Norfolk, NR18 £ 250,000BUY7 / 100.00 KM
Park Lane, Wymondham £ 200,000BUY5 / 100.06 KM
Park Lane, Wymondham, NR18 £ 325,000BUY7 / 100.09 KM
Park Lane, Wymondham £ 420,000BUY7 / 100.09 KM
Silfield Avenue, Wymondham, Norfolk, NR18 £ 207,000BUY7 / 100.17 KM

Nearby Properties

AddressPriceDistance
53 Park Lane £ 174,0000.00 KM
49 Park Lane £ 225,0000.00 KM
41 Park Lane £ 225,0000.00 KM
27 Park Lane £ 215,0000.00 KM
1 Park Lane £ 200,0000.00 KM