According to the public record, Apartment 1, Deben Wharf, Woodbridge is a modern leasehold apartment with 1,280 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Deben Wharf, Tide Mill Way, Woodbridge, IP12.
Tide Mill Way, Woodbridge, IP12 is located in the borough of East Suffolk within the IP12 postal district.
Apartment 1, Deben Wharf, Woodbridge has 2 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated November 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 Apartment 1 Deben Wharf Woodbridge as £500,589 and the rental value as £2,032 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Apartment 1 Deben Wharf Woodbridge has decreased by £2,661 (0.5%) and its rental value has increased by £95 per month (4.7%).
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 Apartment 1, Deben Wharf, Woodbridge is in very good condition we estimate a sale value of £525,618 and rental value of £2,134 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £465,547 and a rental value of £1,890 per month.
If you were able to purchase this property for the estimated value of £500,589, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,460 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, Apartment 1, Deben Wharf, Woodbridge was last sold on 18 Sep 2023 for £480,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2023, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 1, Deben Wharf, Woodbridge within a radius of 840 metres over the last 2 years.
The most recent example is Apartment 7, Deben Wharf, Tide Mill Way, Woodbridge, IP12 1FP, a Leasehold flat which sold for £500,000 in Dec 2022.
Read more about house prices in IP12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tide Mill Way, Woodbridge, IP12 has a total of 32 addresses. According to our analysis of all the public data, Apartment 1, Deben Wharf, Woodbridge is the 5th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £88k more expensive than the average property in IP12.
Apartment 1, Deben Wharf, Woodbridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Nov 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Apartment 1, Deben Wharf, Woodbridge is Woodbridge station which is 200 metres 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 Apartment 1, Deben Wharf, Woodbridge, 63.2% of property is privately owned outright and 20.0% 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 Apartment 1, Deben Wharf, Woodbridge, 5.8% of residents are recorded as possessing school level qualifications and 46.6% 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 Apartment 1, Deben Wharf, 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 Apartment 1, Deben Wharf, 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 Apartment 1, Deben Wharf, 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.