According to the public record, 16, Lockwood Close, Woodbridge is a mid-century freehold house with 1,259 ft2 of internal area and sits on a 286 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lockwood Close, Woodbridge, IP12 is located in the borough of East Suffolk within the IP12 postal district.
16, Lockwood Close, Woodbridge has a single entry in the Land Registry database from July 2006 and a single entry in the EPC database dated June 2024.
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 16 Lockwood Close Woodbridge as £560,714 and the rental value as £1,821 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 16 Lockwood Close Woodbridge has decreased by £19,095 (3.4%) and its rental value has increased by £30 per month (1.6%).
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 16, Lockwood Close, Woodbridge is in very good condition we estimate a sale value of £588,750 and rental value of £1,912 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £521,464 and a rental value of £1,694 per month.
If you were able to purchase this property for the estimated value of £560,714, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,756 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, 16, Lockwood Close, Woodbridge sits on a plot of 286m2.
We have plot size data on 10 out of 16 other houses in the postcode and 16, Lockwood Close, Woodbridge sits on the 4th largest plot.
According to HM Land Registry, 16, Lockwood Close, Woodbridge was last sold on 21 Jul 2006 for £259,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Lockwood Close, Woodbridge within a radius of 650 metres over the last 2 years.
The most recent example is 16, Theatre Street, Woodbridge, IP12 4NE, a Freehold house which sold for £408,000 in May 2024.
Read more about house prices in IP12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lockwood Close, Woodbridge, IP12 has a total of 16 addresses. According to our analysis of all the public data, 16, Lockwood Close, Woodbridge is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £148k more expensive than the average property in IP12.
16, Lockwood Close, Woodbridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jun 2024.
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 16, Lockwood Close, Woodbridge is Woodbridge station which is 700 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 16, Lockwood Close, Woodbridge, 58.0% of property is privately owned outright and 16.1% is privately rented.
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 16, Lockwood Close, Woodbridge, 9.5% of residents are recorded as possessing school level qualifications and 55.8% 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 16, Lockwood Close, Woodbridge, the average age was 49.9 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 16, Lockwood Close, 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 16, Lockwood Close, Woodbridge, 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.