According to the public record, 10, Grant Rise, Woodbridge is a modern leasehold apartment with 882 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Grant Rise, Woodbridge, IP12 is located in the borough of East Suffolk within the IP12 postal district.
10, Grant Rise, Woodbridge has 2 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 10 Grant Rise Woodbridge as £385,190 and the rental value as £1,605 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 10 Grant Rise Woodbridge has increased by £5,752 (1.5%) and its rental value has increased by £109 per month (6.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 10, Grant Rise, Woodbridge is in very good condition we estimate a sale value of £404,450 and rental value of £1,685 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £358,227 and a rental value of £1,492 per month.
If you were able to purchase this property for the estimated value of £385,190, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,893 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 10, Grant Rise, Woodbridge was last sold on 14 Jan 2022 for £390,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2022, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Grant Rise, Woodbridge within a radius of 630 metres over the last 2 years.
The most recent example is 8 Cavell Court, Bredfield Road, Woodbridge, IP12 1FR, a Leasehold flat which sold for £325,000 in Jul 2023.
Read more about house prices in IP12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grant Rise, Woodbridge, IP12 has a total of 19 addresses. According to our analysis of all the public data, 10, Grant Rise, Woodbridge is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in IP12.
10, Grant Rise, Woodbridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 10, Grant Rise, Woodbridge is Woodbridge station which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 10, Grant Rise, Woodbridge, 62.5% of property is privately owned outright and 26.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 10, Grant Rise, Woodbridge, 17.3% of residents are recorded as possessing school level qualifications and 60.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 10, Grant Rise, Woodbridge, the average age was 47.2 and the most common age was 72.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 10, Grant Rise, Woodbridge, 0.8% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 10, Grant Rise, Woodbridge, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.