According to the public record, 71, Eastern Way, Bury St. Edmunds is a mid-century freehold house and with 968 ft2 of internal area and sits on a 376 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Eastern Way, Elmswell, Bury St. Edmunds, IP30 is located in the borough of Mid Suffolk within the IP30 postal district.
71, Eastern Way, Bury St. Edmunds has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated February 2021.
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 71 Eastern Way Bury St. Edmunds as £281,573 and the rental value as £1,227 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 71 Eastern Way Bury St. Edmunds has increased by £301 (0.1%) and its rental value has increased by £31 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 71, Eastern Way, Bury St. Edmunds is in very good condition we estimate a sale value of £295,652 and rental value of £1,289 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,863 and a rental value of £1,141 per month.
If you were able to purchase this property for the estimated value of £281,573, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,384 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, 71, Eastern Way, Bury St. Edmunds sits on a plot of 376m2.
We have plot size data on 32 out of 71 other houses in the postcode and 71, Eastern Way, Bury St. Edmunds sits on the 9th largest plot.
According to HM Land Registry, 71, Eastern Way, Bury St. Edmunds was last sold on 25 Jun 2021 for £310,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Eastern Way, Bury St. Edmunds within a radius of 209m over the last 2 years.
The most recent example is 15, Elliston Close, Bury St. Edmunds, IP30 9DW, a Freehold house which sold for £265,000 in May 2023.
Read more about house prices in IP30.
Eastern Way, Elmswell, Bury St. Edmunds, IP30 has a total of 99 addresses. According to our analysis of all the public data, 71, Eastern Way, Bury St. Edmunds is the 32nd largest and the 30th most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in IP30.
71, Eastern Way, Bury St. Edmunds has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Feb 2021.
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 71, Eastern Way, Bury St. Edmunds is Elmswell station which is 600 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 71, Eastern Way, Bury St. Edmunds, 48.7% of property is privately owned outright and 30.1% 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 71, Eastern Way, Bury St. Edmunds, 12.8% of residents are recorded as possessing school level qualifications and 17.0% 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 71, Eastern Way, Bury St. Edmunds, the average age was 47.2 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 71, Eastern Way, 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 71, Eastern Way, Bury St. Edmunds, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.