According to the public record, 2 Eureka, Woodbridge is a mid-century freehold house and with 1,603 ft2 of internal area and sits on a 284 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cliff Road, Waldringfield, Woodbridge, IP12 is located in the borough of East Suffolk within the IP12 postal district.
2 Eureka, Woodbridge has a single entry in the Land Registry database from May 2022 and a single entry in the EPC database dated May 2022.
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 2 Eureka Woodbridge as £729,774 and the rental value as £2,279 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 2 Eureka Woodbridge has decreased by £31,664 (4.3%) and its rental value has increased by £30 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 2 Eureka, Woodbridge is in very good condition we estimate a sale value of £766,262 and rental value of £2,393 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £678,689 and a rental value of £2,120 per month.
If you were able to purchase this property for the estimated value of £729,774, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,587 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, 2 Eureka, Woodbridge sits on a plot of 284m2.
We have plot size data on 34 out of 68 other houses in the postcode and 2 Eureka, Woodbridge sits on the 25th largest plot.
According to HM Land Registry, 2 Eureka, Woodbridge was last sold on 20 May 2022 for £580,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Eureka, Woodbridge within a radius of 293m over the last 2 years.
The most recent example is 1 Eureka, Cliff Road, Woodbridge, IP12 4QL, a Freehold house which sold for £595,000 in Aug 2022.
Read more about house prices in IP12.
Cliff Road, Waldringfield, Woodbridge, IP12 has a total of 68 addresses. According to our analysis of all the public data, 2 Eureka, Woodbridge is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £317k more expensive than the average property in IP12.
2 Eureka, Woodbridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 May 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using an oil fired boiler and radiators.
The closest station to 2 Eureka, Woodbridge is Woodbridge station which is 4.3 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 2 Eureka, Woodbridge, 55.9% of property is privately owned outright and 19.4% 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 2 Eureka, Woodbridge, 15.3% of residents are recorded as possessing school level qualifications and 37.9% 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 2 Eureka, Woodbridge, the average age was 42.9 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 2 Eureka, Woodbridge, 0.5% 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 2 Eureka, Woodbridge, 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.