According to the public record, 2, Firtree Close, Bury St. Edmunds is a modern leasehold apartment and with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Firtree Close, Bury St. Edmunds, IP32 is located in the borough of West Suffolk within the IP32 postal district.
2, Firtree Close, Bury St. Edmunds has 3 entries in the Land Registry database, most recently in November 2021 and no records in the EPC database.
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 Firtree Close Bury St. Edmunds as £123,702 and the rental value as £652 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 2 Firtree Close Bury St. Edmunds has increased by £5,535 (4.5%) and its rental value has increased by £26 per month (4.0%).
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, Firtree Close, Bury St. Edmunds is in very good condition we estimate a sale value of £129,887 and rental value of £685 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £115,042 and a rental value of £607 per month.
If you were able to purchase this property for the estimated value of £123,702, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £608 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, 2, Firtree Close, Bury St. Edmunds was last sold on 26 Nov 2021 for £125,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2021, the market for similar properties has risen 6.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Firtree Close, Bury St. Edmunds within a radius of 679m over the last 2 years.
The most recent example is 79, Clay Road, Bury St. Edmunds, IP32 6QZ, a Leasehold flat which sold for £130,000 in Apr 2024.
Read more about house prices in IP32.
Firtree Close, Bury St. Edmunds, IP32 has a total of 24 addresses. According to our analysis of all the public data, 2, Firtree Close, Bury St. Edmunds is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in IP32.
2, Firtree Close, Bury St. Edmunds has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Dec 2016.
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 2, Firtree Close, Bury St. Edmunds is Bury St Edmunds station which is 1.5 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, Firtree Close, Bury St. Edmunds, 66.9% of property is socially rented and 14.1% 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 2, Firtree Close, Bury St. Edmunds, 16.2% of residents are recorded as possessing school level qualifications and 17.2% 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, Firtree Close, Bury St. Edmunds, the average age was 39.5 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 2, Firtree Close, Bury St. Edmunds, 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 2, Firtree Close, Bury St. Edmunds, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.