According to the public record, 5, Shelley Way, Stowmarket is a modern freehold house and with 1,323 ft2 of internal area and sits on a 995 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Shelley Way, Bacton, Stowmarket, IP14 is located in the borough of Mid Suffolk within the IP14 postal district.
5, Shelley Way, Stowmarket has 31 entries in the Land Registry database, most recently in March 2018 and a single entry in the EPC database dated May 2012.
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 5 Shelley Way Stowmarket as £521,193 and the rental value as £1,241 per month giving an expected gross yield of 2.9%.
Over the last 12 months the sale value of 5 Shelley Way Stowmarket has decreased by £8,410 (1.6%) and its rental value has increased by £6 per month (0.5%).
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 5, Shelley Way, Stowmarket is in very good condition we estimate a sale value of £547,253 and rental value of £1,303 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £484,710 and a rental value of £1,154 per month.
If you were able to purchase this property for the estimated value of £521,193, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,562 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, 5, Shelley Way, Stowmarket sits on a plot of 995m2.
We have plot size data on 4 out of 7 other houses in the postcode and 5, Shelley Way, Stowmarket sits on the largest plot.
According to HM Land Registry, 5, Shelley Way, Stowmarket was last sold on 29 Mar 2018 for £395,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2018, the market for similar properties has risen 17.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Shelley Way, Stowmarket within a radius of 984m over the last 2 years.
The most recent example is Armlea, Rectory Road, Stowmarket, IP14 4LE, a Freehold house which sold for £385,000 in Apr 2021.
Read more about house prices in IP14.
Shelley Way, Bacton, Stowmarket, IP14 has a total of 7 addresses. According to our analysis of all the public data, 5, Shelley Way, Stowmarket is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £216k more expensive than the average property in IP14.
5, Shelley Way, Stowmarket has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 May 2012.
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 5, Shelley Way, Stowmarket is Elmswell station which is 5.7 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 5, Shelley Way, Stowmarket, 39.1% of property is privately owned outright and 29.7% 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 5, Shelley Way, Stowmarket, 9.8% of residents are recorded as possessing school level qualifications and 34.9% 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 5, Shelley Way, 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 5, Shelley Way, Stowmarket, 2.7% 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 5, Shelley Way, Stowmarket, there are an average of 2.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.