According to the public record, Flat 2, 45, Thoroughfare, Woodbridge is a period leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 45, Thoroughfare, Woodbridge, IP12.
Thoroughfare, Woodbridge, IP12 is located in the borough of East Suffolk within the IP12 postal district.
Flat 2, 45, Thoroughfare, Woodbridge has a single entry in the Land Registry database from October 2014 and a single entry in the EPC database dated October 2015.
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 Flat 2 45 Thoroughfare Woodbridge as £221,883 and the rental value as £930 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 2 45 Thoroughfare Woodbridge has increased by £860 (0.4%) and its rental value has increased by £52 per month (5.6%).
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 Flat 2, 45, Thoroughfare, Woodbridge is in very good condition we estimate a sale value of £232,978 and rental value of £977 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,352 and a rental value of £865 per month.
If you were able to purchase this property for the estimated value of £221,883, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,090 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, Flat 2, 45, Thoroughfare, Woodbridge was last sold on 31 Oct 2014 for £122,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2014, the market for similar properties has risen 34.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 45, Thoroughfare, Woodbridge within a radius of 640 metres over the last 2 years.
The most recent example is 3, Elmhurst Court, Woodbridge, IP12 1HB, a Leasehold flat which sold for £232,500 in Aug 2022.
Read more about house prices in IP12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thoroughfare, Woodbridge, IP12 has a total of 120 addresses. According to our analysis of all the public data, Flat 2, 45, Thoroughfare, Woodbridge is the 75th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £190k less expensive than the average property in IP12.
Flat 2, 45, Thoroughfare, Woodbridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Oct 2015.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 2, 45, Thoroughfare, Woodbridge is Woodbridge station which is 400 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 Flat 2, 45, Thoroughfare, Woodbridge, 44.1% of property is privately owned outright and 34.3% 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 Flat 2, 45, Thoroughfare, Woodbridge, 7.5% of residents are recorded as possessing school level qualifications and 48.4% 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 Flat 2, 45, Thoroughfare, 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 Flat 2, 45, Thoroughfare, Woodbridge, 1.7% 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 Flat 2, 45, Thoroughfare, 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.