According to the public record, 12, Old School Mews, Stowmarket is a modern leasehold house and with 645 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Old School Mews, Stowmarket, IP14 is located in the borough of Mid Suffolk within the IP14 postal district.
12, Old School Mews, Stowmarket has a single entry in the Land Registry database from November 2019 and a single entry in the EPC database dated April 2019.
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 12 Old School Mews Stowmarket as £142,169 and the rental value as £624 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 12 Old School Mews Stowmarket has decreased by £97 (0.1%) and its rental value has increased by £15 per month (2.5%).
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, Old School Mews, Stowmarket is in very good condition we estimate a sale value of £149,277 and rental value of £655 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,217 and a rental value of £580 per month.
If you were able to purchase this property for the estimated value of £142,169, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £699 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, 12, Old School Mews, Stowmarket was last sold on 15 Nov 2019 for £110,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Nov 2019, the market for similar properties has risen 17.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Old School Mews, Stowmarket within a radius of 39m over the last 2 years.
The most recent example is 7, Old School Mews, Stowmarket, IP14 1ND, a Leasehold house which sold for £136,000 in Mar 2023.
Read more about house prices in IP14.
Old School Mews, Stowmarket, IP14 has a total of 19 addresses. According to our analysis of all the public data, 12, Old School Mews, Stowmarket is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in IP14.
12, Old School Mews, Stowmarket has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 12, Old School Mews, Stowmarket is Stowmarket station which is 400 m 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, Old School Mews, Stowmarket, 28.4% of property is socially rented and 27.6% 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 12, Old School Mews, Stowmarket, 20.2% of residents are recorded as possessing school level qualifications and 23.4% 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, Old School Mews, Stowmarket, the average age was 44.6 and the most common age was 52.
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, Old School Mews, Stowmarket, 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, Old School Mews, Stowmarket, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.