According to the public record, 50, Old Maltings Court, Woodbridge is a modern leasehold apartment and with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Old Maltings Court, Melton, Woodbridge, IP12 is located in the borough of East Suffolk within the IP12 postal district.
50, Old Maltings Court, Woodbridge has 31 entries in the Land Registry database, most recently in December 2017 and a single entry in the EPC database dated August 2017.
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 50 Old Maltings Court Woodbridge as £178,783 and the rental value as £828 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 50 Old Maltings Court Woodbridge has increased by £583 (0.3%) and its rental value has increased by £46 per month (5.6%).
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 50, Old Maltings Court, Woodbridge is in very good condition we estimate a sale value of £187,722 and rental value of £869 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,268 and a rental value of £770 per month.
If you were able to purchase this property for the estimated value of £178,783, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £879 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, 50, Old Maltings Court, Woodbridge was last sold on 04 Dec 2017 for £170,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2017, the market for similar properties has risen 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Old Maltings Court, Woodbridge within a radius of 1m over the last 2 years.
The most recent example is 25, Old Maltings Court, Woodbridge, IP12 1AE, a Leasehold flat which sold for £205,000 in Dec 2021.
Read more about house prices in IP12.
Old Maltings Court, Melton, Woodbridge, IP12 has a total of 58 addresses. According to our analysis of all the public data, 50, Old Maltings Court, Woodbridge is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £234k less expensive than the average property in IP12.
50, Old Maltings Court, Woodbridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Aug 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 50, Old Maltings Court, Woodbridge is Woodbridge station which is 800 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 50, Old Maltings Court, Woodbridge, 62.5% of property is privately owned outright and 26.3% 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 50, Old Maltings Court, Woodbridge, 17.3% of residents are recorded as possessing school level qualifications and 60.2% 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 50, Old Maltings Court, Woodbridge, the average age was 47.2 and the most common age was 72.
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 50, Old Maltings Court, Woodbridge, 0.8% 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 50, Old Maltings Court, Woodbridge, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.