According to the public record, The Willows, Bury St. Edmunds is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,036 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Bury Road, Stanningfield, Bury St. Edmunds, IP29 is located in the borough of West Suffolk within the IP29 postal district.
The Willows, Bury St. Edmunds has a single entry in the Land Registry database from June 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for The Willows Bury St. Edmunds as £462,687 and the rental value as £1,367 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of The Willows Bury St. Edmunds has increased by £6,418 (1.4%) and its rental value has increased by £25 per month (1.8%).
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 The Willows, Bury St. Edmunds is in very good condition we estimate a sale value of £485,822 and rental value of £1,435 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £430,299 and a rental value of £1,271 per month.
If you were able to purchase this property for the estimated value of £462,687, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,274 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, The Willows, Bury St. Edmunds was last sold on 02 Jun 2008 for £220,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2008, the market for similar properties has risen 64.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Willows, Bury St. Edmunds within a radius of 1.4km over the last 2 years.
The most recent example is Old Shop, The Street, Bury St. Edmunds, IP30 0LP, a Freehold house which sold for £518,000 in May 2022.
Read more about house prices in IP29.
Bury Road, Stanningfield, Bury St. Edmunds, IP29 has a total of 17 addresses. According to our analysis of all the public data, The Willows, Bury St. Edmunds is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £117k more expensive than the average property in IP29.
The closest station to The Willows, Bury St. Edmunds is Bury St Edmunds station which is 9.0 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 The Willows, Bury St. Edmunds, 48.5% of property is privately owned outright and 37.9% 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 The Willows, Bury St. Edmunds, 13.8% of residents are recorded as possessing school level qualifications and 39.2% 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 The Willows, Bury St. Edmunds, the average age was 45.1 and the most common age was 37.
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 The Willows, Bury St. Edmunds, 1.6% 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 The Willows, 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.