According to the public record, 12, Martins Meadow, Eye is a modern house with 828 ft2 of internal area and sits on a 452 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Martins Meadow, Gislingham, Eye, IP23 is located in the borough of Mid Suffolk within the IP23 postal district.
12, Martins Meadow, Eye has no records in the Land Registry database and a single entry in the EPC database dated September 2021.
We combine this information with public data 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 12 Martins Meadow Eye as £262,524 and the rental value as £1,024 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 12 Martins Meadow Eye has increased by £435 (0.2%) and its rental value has increased by £21 per month (2.1%).
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 12, Martins Meadow, Eye is in very good condition we estimate a sale value of £275,650 and rental value of £1,075 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,147 and a rental value of £953 per month.
If you were able to purchase this property for the estimated value of £262,524, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,290 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 data from HM Land Registry, 12, Martins Meadow, Eye sits on a plot of 452m2.
We have plot size data on 18 out of 32 other houses in the postcode and 12, Martins Meadow, Eye sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Martins Meadow, Eye within a radius of 243m over the last 2 years.
The most recent example is 9, West View Gardens, Eye, IP23 8HT, a Freehold house which sold for £275,000 in May 2023.
Read more about house prices in IP23.
Martins Meadow, Gislingham, Eye, IP23 has a total of 32 addresses. According to our analysis of all the public data, 12, Martins Meadow, Eye is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in IP23.
12, Martins Meadow, Eye has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 12, Martins Meadow, Eye is Diss station which is 9.7 km 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 12, Martins Meadow, Eye, 41.7% of property is privately owned with a mortgage and 32.3% is privately owned outright.
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 12, Martins Meadow, Eye, 21.4% of residents are recorded as possessing school level qualifications and 19.6% 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 12, Martins Meadow, Eye, the average age was 47.4 and the most common age was 57.
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 12, Martins Meadow, Eye, 0.0% 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 12, Martins Meadow, Eye, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.