According to the public record, Wood Cottage, Diss is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,393 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Denmark Hill, Palgrave, Diss, IP22 is located in the borough of Mid Suffolk within the IP22 postal district.
Wood Cottage, Diss has a single entry in the Land Registry database from March 2021 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 Wood Cottage Diss as £555,383 and the rental value as £1,184 per month giving an expected gross yield of 2.6%.
Over the last 12 months the sale value of Wood Cottage Diss has decreased by £2,844 (0.5%) and its rental value has increased by £7 per month (0.6%).
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 Wood Cottage, Diss is in very good condition we estimate a sale value of £583,152 and rental value of £1,243 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £516,506 and a rental value of £1,101 per month.
If you were able to purchase this property for the estimated value of £555,383, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,730 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, Wood Cottage, Diss was last sold on 02 Mar 2021 for £411,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 11.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Wood Cottage, Diss within a radius of 225m over the last 2 years.
The most recent example is Fenners Cottage, Denmark Hill, Diss, IP22 1AB, a Freehold house which sold for £410,000 in Feb 2023.
Read more about house prices in IP22.
Denmark Hill, Palgrave, Diss, IP22 has a total of 27 addresses. According to our analysis of all the public data, Wood Cottage, Diss is the 17th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £216k more expensive than the average property in IP22.
The closest station to Wood Cottage, Diss is Diss station which is 1.6 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 Wood Cottage, Diss, 65.0% of property is privately owned outright and 21.2% 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 Wood Cottage, Diss, 17.3% of residents are recorded as possessing school level qualifications and 35.8% 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 Wood Cottage, Diss, the average age was 48.4 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 Wood Cottage, Diss, 0.7% 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 Wood Cottage, Diss, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.