According to the public record, Flat 4, Mariners Court 107, Woodbridge is a modern leasehold apartment and with 781 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Mariners Court, New Street, Woodbridge, IP12.
New Street, Woodbridge, IP12 is located in the borough of East Suffolk within the IP12 postal district.
Flat 4, Mariners Court 107, Woodbridge has 21 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated January 2009.
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 4 Mariners Court 107 Woodbridge as £305,734 and the rental value as £1,279 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 4 Mariners Court 107 Woodbridge has increased by £1,185 (0.4%) and its rental value has increased by £72 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 4, Mariners Court 107, Woodbridge is in very good condition we estimate a sale value of £321,021 and rental value of £1,343 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,333 and a rental value of £1,189 per month.
If you were able to purchase this property for the estimated value of £305,734, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,503 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 4, Mariners Court 107, Woodbridge was last sold on 27 Jan 2022 for £305,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2022, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Mariners Court 107, Woodbridge within a radius of 453m over the last 2 years.
The most recent example is 11 Quayside Place, Quayside, Woodbridge, IP12 1FA, a Leasehold flat which sold for £320,000 in Aug 2022.
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, Flat 4, Mariners Court 107, Woodbridge is the 55th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £107k less expensive than the average property in IP12.
Flat 4, Mariners Court 107, Woodbridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jan 2009.
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 4, Mariners Court 107, 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 Flat 4, Mariners Court 107, 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 Flat 4, Mariners Court 107, 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 Flat 4, Mariners Court 107, 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 4, Mariners Court 107, 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 Flat 4, Mariners Court 107, 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.