According to the public record, 53, Mill Road, Bury St. Edmunds is a period freehold house and with 430 ft2 of internal area and sits on a 82.9 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Mill Road, Bury St. Edmunds, IP33 is located in the borough of West Suffolk within the IP33 postal district.
53, Mill Road, Bury St. Edmunds has 31 entries in the Land Registry database, most recently in August 2013 and 2 entries in the EPC database, most recently in May 2013.
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 53 Mill Road Bury St. Edmunds as £211,862 and the rental value as £844 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 53 Mill Road Bury St. Edmunds has increased by £3,647 (1.7%) and its rental value has increased by £11 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 53, Mill Road, Bury St. Edmunds is in very good condition we estimate a sale value of £222,455 and rental value of £886 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,032 and a rental value of £784 per month.
If you were able to purchase this property for the estimated value of £211,862, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,041 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, 53, Mill Road, Bury St. Edmunds sits on a plot of 83m2.
We have plot size data on 34 out of 38 other houses in the postcode and 53, Mill Road, Bury St. Edmunds sits on the 34th largest plot.
According to HM Land Registry, 53, Mill Road, Bury St. Edmunds was last sold on 23 Aug 2013 for £140,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2013, the market for similar properties has risen 45.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Mill Road, Bury St. Edmunds within a radius of 285m over the last 2 years.
The most recent example is 6, Kings Road, Bury St. Edmunds, IP33 3DJ, a Freehold house which sold for £130,000 in Aug 2020.
Read more about house prices in IP33.
Mill Road, Bury St. Edmunds, IP33 has a total of 82 addresses. According to our analysis of all the public data, 53, Mill Road, Bury St. Edmunds is the 82nd largest and the 78th most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in IP33.
53, Mill Road, Bury St. Edmunds has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 May 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 53, Mill Road, Bury St. Edmunds is Bury St Edmunds station which is 1.2 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 53, Mill Road, Bury St. Edmunds, 43.9% of property is privately owned outright and 30.3% 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 53, Mill Road, Bury St. Edmunds, 5.0% of residents are recorded as possessing school level qualifications and 40.1% 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 53, Mill Road, Bury St. Edmunds, the average age was 45.1 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 53, Mill Road, Bury St. Edmunds, 2.0% 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 53, Mill Road, Bury St. Edmunds, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.