According to the public record, 61, New Street, Woodbridge is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,072 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
New Street, Woodbridge, IP12 is located in the borough of East Suffolk within the IP12 postal district.
61, New Street, Woodbridge has 31 entries in the Land Registry database, most recently in September 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 61 New Street Woodbridge as £561,134 and the rental value as £1,852 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 61 New Street Woodbridge has decreased by £14,441 (2.6%) and its rental value has increased by £47 per month (2.5%).
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 61, New Street, Woodbridge is in very good condition we estimate a sale value of £589,190 and rental value of £1,945 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £521,854 and a rental value of £1,723 per month.
If you were able to purchase this property for the estimated value of £561,134, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,758 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, 61, New Street, Woodbridge was last sold on 09 Sep 2021 for £450,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2021, the market for similar properties has dropped 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, New Street, Woodbridge within a radius of 217m over the last 2 years.
The most recent example is 26, St. Johns Street, Woodbridge, IP12 1EB, a Freehold house which sold for £700,000 in Apr 2024.
Read more about house prices in IP12.
New Street, Woodbridge, IP12 has a total of 96 addresses. According to our analysis of all the public data, 61, New Street, Woodbridge is the 32nd largest and the 15th most expensive property on the street.
When compared to the postcode district it is £149k more expensive than the average property in IP12.
The closest station to 61, New Street, Woodbridge is Woodbridge station which is 400 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 61, New Street, Woodbridge, 48.7% of property is privately rented and 33.5% is privately owned outright.
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 61, New Street, Woodbridge, 8.4% of residents are recorded as possessing school level qualifications and 44.7% 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 61, New Street, Woodbridge, the average age was 49.9 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 61, New Street, Woodbridge, 2.9% 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 61, New Street, Woodbridge, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.