According to the public record, School Cottage, Bury St. Edmunds is a modern freehold house and with 882 ft2 of internal area and sits on a 299 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Brockley Road, Whepstead, Bury St. Edmunds, IP29 is located in the borough of West Suffolk within the IP29 postal district.
School Cottage, Bury St. Edmunds has 2 entries in the Land Registry database, most recently in September 2021 and 2 entries in the EPC database, most recently in October 2020.
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 School Cottage Bury St. Edmunds as £302,899 and the rental value as £1,252 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of School Cottage Bury St. Edmunds has increased by £5,365 (1.8%) and its rental value has increased by £24 per month (1.9%).
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 School Cottage, Bury St. Edmunds is in very good condition we estimate a sale value of £318,044 and rental value of £1,315 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £281,696 and a rental value of £1,165 per month.
If you were able to purchase this property for the estimated value of £302,899, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,489 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, School Cottage, Bury St. Edmunds sits on a plot of 299m2.
We have plot size data on 8 out of 11 other houses in the postcode and School Cottage, Bury St. Edmunds sits on the 7th largest plot.
According to HM Land Registry, School Cottage, Bury St. Edmunds was last sold on 15 Sep 2021 for £265,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to School Cottage, Bury St. Edmunds within a radius of 3.9km over the last 2 years.
The most recent example is 24, Hornings Park, Bury St. Edmunds, IP29 5AL, a Freehold house which sold for £255,000 in Sep 2021.
Read more about house prices in IP29.
Brockley Road, Whepstead, Bury St. Edmunds, IP29 has a total of 32 addresses. According to our analysis of all the public data, School Cottage, Bury St. Edmunds is the 24th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in IP29.
School Cottage, Bury St. Edmunds has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 08 Oct 2020.
The property is not connected to mains gas and has some double glazing. It is heated using Room heaters, electric.
The closest station to School Cottage, Bury St. Edmunds is Bury St Edmunds station which is 7.3 km 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 School Cottage, Bury St. Edmunds, 55.7% of property is privately owned outright and 24.6% 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 School Cottage, Bury St. Edmunds, 17.0% of residents are recorded as possessing school level qualifications and 40.8% 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 School Cottage, Bury St. Edmunds, the average age was 45.9 and the most common age was 52.
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 School Cottage, Bury St. Edmunds, 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 School Cottage, Bury St. Edmunds, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.