According to the public record, Apartment 3, Nunns Mill, Woodbridge is a modern leasehold apartment with 1,216 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Nunns Mill, Quayside, Woodbridge, IP12.
Quayside, Woodbridge, IP12 is located in the borough of East Suffolk within the IP12 postal district.
Apartment 3, Nunns Mill, Woodbridge has a single entry in the Land Registry database from September 2018 and a single entry in the EPC database dated March 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 3 Nunns Mill Woodbridge as £402,536 and the rental value as £1,634 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Apartment 3 Nunns Mill Woodbridge has increased by £6,014 (1.5%) and its rental value has increased by £111 per month (6.8%).
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 3, Nunns Mill, Woodbridge is in very good condition we estimate a sale value of £422,663 and rental value of £1,716 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,359 and a rental value of £1,520 per month.
If you were able to purchase this property for the estimated value of £402,536, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,978 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 3, Nunns Mill, Woodbridge was last sold on 04 Sep 2018 for £410,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2018, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 3, Nunns Mill, Woodbridge within a radius of 780 metres over the last 2 years.
The most recent example is Apartment 5, Deben Wharf, Tide Mill Way, Woodbridge, IP12 1FP, a Leasehold flat which sold for £465,000 in Sep 2018.
Read more about house prices in IP12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Quayside, Woodbridge, IP12 has a total of 31 addresses. According to our analysis of all the public data, Apartment 3, Nunns Mill, Woodbridge is the 9th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £10k less expensive than the average property in IP12.
Apartment 3, Nunns Mill, Woodbridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Mar 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 3, Nunns Mill, Woodbridge is Woodbridge station which is 100 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 3, Nunns Mill, Woodbridge, 56.7% of property is privately owned outright and 27.3% 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 Apartment 3, Nunns Mill, Woodbridge, 8.3% of residents are recorded as possessing school level qualifications and 45.0% 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 Apartment 3, Nunns Mill, 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 3, Nunns Mill, Woodbridge, 1.3% 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 3, Nunns Mill, Woodbridge, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.