According to the public record, 2 Rectory Cottages, Stowmarket is a mid-century house with 811 ft2 of internal area and sits on a 164,661 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rectory Road, Bacton, Stowmarket, IP14 is located in the borough of Mid Suffolk within the IP14 postal district.
2 Rectory Cottages, Stowmarket has no records in the Land Registry database and a single entry in the EPC database dated November 2011.
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 2 Rectory Cottages Stowmarket as £324,501 and the rental value as £842 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 2 Rectory Cottages Stowmarket has increased by £59 (0.0%) and its rental value has increased by £18 per month (2.2%).
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 Rectory Cottages, Stowmarket is in very good condition we estimate a sale value of £340,726 and rental value of £884 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,785 and a rental value of £783 per month.
If you were able to purchase this property for the estimated value of £324,501, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,595 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 Rectory Cottages, Stowmarket sits on a plot of 164661m2.
We have plot size data on 11 out of 27 other houses in the postcode and 2 Rectory Cottages, Stowmarket 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 2 Rectory Cottages, Stowmarket within a radius of 1.8km over the last 2 years.
The most recent example is 12, Birch Avenue, Stowmarket, IP14 4NT, a Freehold house which sold for £272,500 in Nov 2020.
Read more about house prices in IP14.
Rectory Road, Bacton, Stowmarket, IP14 has a total of 35 addresses. According to our analysis of all the public data, 2 Rectory Cottages, Stowmarket is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in IP14.
2 Rectory Cottages, Stowmarket has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Nov 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 2 Rectory Cottages, Stowmarket is Elmswell station which is 5.6 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 Rectory Cottages, Stowmarket, 68.2% of property is privately owned outright and 18.2% 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 Rectory Cottages, Stowmarket, 15.6% of residents are recorded as possessing school level qualifications and 33.8% 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 2 Rectory Cottages, Stowmarket, the average age was 46.3 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 Rectory Cottages, Stowmarket, 1.2% 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 Rectory Cottages, Stowmarket, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.