Fairfield Road, Downham Market, Norfolk, PE38
Abbotts logo

Fairfield Road, Downham Market, Norfolk, PE38

By Abbotts

£ 130,000

Reviews

3 out of 5 stars

Abbotts says ..

Available with no onward chain, this two-bedroom ground-floor flat is conveniently situated near local amenities, including a mainline train station with direct links to London and Cambridge. The property comprises a welcoming entrance hall, a spacious lounge/kitchen/dining area with ...

Property Oracle says ..

This property is a 2 bedroom, 1 bathroom apartment located in Downham Market, Norfolk. The apartment is situated on Fairfield Road, close to Downham Market train station providing links to Cambridge and London. Downham Market also has several schools within a reasonable distance, including Nelson Academy (rated ‘Good’ by Ofsted) and Downham Market Children’s Centre. Based on the provided images, the property appears to be in good condition. The kitchen and bathroom are clean and modern, and the living areas are well-maintained. There is no evidence of significant repairs or renovations needed. The property does not appear to have a private garden, although access to communal grounds may be available. Further information regarding outdoor space is needed for a complete assessment. Considering the list price of £130,000, comparable properties in the area range from £82,500 to £340,000, with a significant number of 2-bedroom properties being listed between £125,000 and £177,500. The average price for nearby streets varies considerably, with some averaging around £100,000 and others exceeding £200,000. Without knowing the square footage of comparable properties, it’s difficult to definitively assess the value per square foot and determine whether the list price is reasonable. However, given the property’s apparent condition and proximity to transport links and schools, it appears to be within the expected price range for a similar property in this location.

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
1
Sqft (est)
534.97

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
125,717.95 £
Decreased by 37.50 %
from 201,148.72 £
Average area rental value
1,254.00 £/mo
Decreased by 5.43 %
from 1,326.00 £/mo
Est letting value
534.97 £/mo
Unchanged by 0.00 %
from 534.97 £/mo
Est rental Yield
6.14 %
Increased by 12.45 %
from 5.46 %
Crime Rate
19.00 %
Unchanged by 0.00 %
from 19.00 %

Agent Activity

  • Abbotts created the listing.

Nearby Schools

NameTypeOfstedDistance
Downham Market Children'S CentreChildren's Centre1.02 KM
Nelson AcademyAcademy Sponsor LedGood1.09 KM
Downham Market AcademyAcademy Sponsor Led2.59 KM
Denver Voluntary Controlled Primary SchoolVoluntary Controlled SchoolGood2.62 KM
Downham Market, Hillcrest Primary SchoolCommunity SchoolGood3.02 KM

Images

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Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Downham Market7055DOW0.12 KM
Watlington7057WTG7.84 KM

Nearby Listings

AddressPriceTypeScoreDistance
Fairfield Road, Downham Market, Norfolk, PE38 £ 125,000BUY5 / 100.00 KM
Fairfield Road, Downham Market £ 125,000BUY5 / 100.00 KM
Fairfield Road, Downham Market, Norfolk, PE38 £ 130,000BUY6 / 100.00 KM
Railway Mews, Fairfield Road, Downham Market £ 285,000BUY7 / 100.06 KM
Bennett Street, Downham Market, PE38 £ 175,000BUY6 / 100.24 KM

Nearby Properties

AddressPriceDistance
The Cottage £ 240,0000.08 KM
3 Fairfield Road £ 82,5000.08 KM
9 Bennett Street £ 26,0000.22 KM
32 Bennett Street £ 62,5000.22 KM
40 Bennett Street £ 45,0000.22 KM