Water Meadow Way, Downham Market, Norfolk, PE38
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Water Meadow Way, Downham Market, Norfolk, PE38

By Abbotts

£ 240,000

Reviews

3 out of 5 stars

Abbotts says ..

Welcome to this four bedroom three storey house, situated in the town of Downham Market. The house is in close proximity of the train station with direct lines to London, Cambridge and King's Lynn, making it the fantastic property for those who commute to work. On the groun...

Property Oracle says ..

This four-bedroom terraced house in Downham Market, Norfolk is listed at £240,000. The property benefits from being within easy reach of Downham Market train station (0.38km) and several schools including Nelson Academy (0.86km) which has a good Ofsted rating. The property itself is a modern build and appears to be in good condition, although some minor cosmetic updates might enhance its appeal. There is a small, enclosed rear garden. Compared to the average price per square foot in the area (£302), the listed price seems reasonable, considering the size (1038.29 sqft) and location. However, a direct comparison is difficult due to limited information on the sqft of nearby properties.

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
8
Location
7
Land
6
Bedrooms
4
Bathrooms
0
Sqft (est)
1,038.29
Lot (est)
1,382.09

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
245,074.00 £
Decreased by 15.93 %
from 291,529.00 £
Est sale value
243,998.15 £
Decreased by 37.50 %
from 390,397.04 £
Average area rental value
1,254.00 £/mo
Decreased by 5.43 %
from 1,326.00 £/mo
Est letting value
1,038.29 £/mo
Unchanged by 0.00 %
from 1,038.29 £/mo
Est rental Yield
6.14 %
Increased by 12.45 %
from 5.46 %
Crime Rate
36.00 %
Unchanged by 0.00 %
from 36.00 %

Agent Activity

  • Abbotts created the listing.

Nearby Schools

NameTypeOfstedDistance
Nelson AcademyAcademy Sponsor LedGood0.86 KM
Downham Market Children'S CentreChildren's Centre0.88 KM
Downham Market AcademyAcademy Sponsor Led2.39 KM
Denver Voluntary Controlled Primary SchoolVoluntary Controlled SchoolGood2.63 KM
Downham Market, Hillcrest Primary SchoolCommunity SchoolGood2.81 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Maltings Lane £ 000.00 KM
Elm Close £ 000.00 KM
Sovereign Way £ 000.00 KM
Old Maltings Way £ 142,50000.00 KM
Cedar Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Downham Market7055DOW0.38 KM
Watlington7057WTG7.57 KM

Nearby Listings

AddressPriceTypeScoreDistance
Water Meadow Way, DOWNHAM MARKET, Norfolk, PE38 £ 265,000BUY6 / 100.00 KM
Water Meadow Way, Downham Market, Norfolk, PE38 £ 240,000BUY7 / 100.00 KM
Water Meadow Way, Downham Market, PE38 £ 230,000BUYUnknown0.01 KM
Water Meadow Way, Downham Market £ 260,000BUY7 / 100.05 KM
Bennett Street, Downham Market, PE38 £ 260,000BUY7 / 100.07 KM

Nearby Properties

AddressPriceDistance
13 Water Meadow Way £ 150,0000.00 KM
14 Water Meadow Way £ 190,0000.00 KM
12 Water Meadow Way £ 159,9950.00 KM
4 Water Meadow Way £ 187,0000.00 KM
10 Water Meadow Way £ 162,0000.00 KM