According to the public record, 16, Mortimer Road, Stowmarket is a modern freehold house and with 1,136 ft2 of internal area and sits on a 121 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mortimer Road, Stowmarket, IP14 is located in the borough of Mid Suffolk within the IP14 postal district.
16, Mortimer Road, Stowmarket has 3 entries in the Land Registry database, most recently in May 2018 and a single entry in the EPC database dated February 2010.
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 Mortimer Road Stowmarket as £273,334 and the rental value as £1,007 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 16 Mortimer Road Stowmarket has decreased by £3,338 (1.2%) and its rental value has increased by £13 per month (1.3%).
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, Mortimer Road, Stowmarket is in very good condition we estimate a sale value of £287,001 and rental value of £1,057 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,201 and a rental value of £936 per month.
If you were able to purchase this property for the estimated value of £273,334, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,343 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, Mortimer Road, Stowmarket sits on a plot of 121m2.
We have plot size data on 14 out of 15 other houses in the postcode and 16, Mortimer Road, Stowmarket sits on the 8th largest plot.
According to HM Land Registry, 16, Mortimer Road, Stowmarket was last sold on 30 May 2018 for £240,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2018, the market for similar properties has risen 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Mortimer Road, Stowmarket within a radius of 43m over the last 2 years.
The most recent example is 4, Mortimer Road, Stowmarket, IP14 5JD, a Freehold house which sold for £250,000 in Jul 2022.
Read more about house prices in IP14.
Mortimer Road, Stowmarket, IP14 has a total of 16 addresses. According to our analysis of all the public data, 16, Mortimer Road, Stowmarket is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in IP14.
16, Mortimer Road, Stowmarket has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Feb 2010.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 16, Mortimer Road, Stowmarket is Stowmarket station which is 700 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 16, Mortimer Road, Stowmarket, 54.0% of property is privately owned with a mortgage and 31.4% 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, Mortimer Road, Stowmarket, 25.0% of residents are recorded as possessing school level qualifications and 35.1% 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, Mortimer Road, Stowmarket, the average age was 39.3 and the most common age was 32.
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, Mortimer Road, 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 16, Mortimer Road, Stowmarket, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.