1, Drapers Hill
1, Drapers Hill
Description & Estimates
Public records show 1, Drapers Hill, Eye to be a modern freehold house with 635 ft2 of internal area, sitting on a 266 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
1, Drapers Hill, Eye has an estimated sale value of £257,569 and an estimated rental value of £1,082 per month, assuming reasonable condition and based on the information available.
Drapers Hill, Stradbroke, Eye, IP21 lies in the borough of Mid Suffolk, within the IP21 postal district.
Our Data Sources
1, Drapers Hill, Eye has 41 entries in the Land Registry , most recently in May 2019 and a single entry in the EPC database dated June 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 1, Drapers Hill, Eye would be worth £270,447, with a potential rental value of £1,136 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £239,539, with a rental value of £1,007 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Drapers Hill, Eye has declined by £5,971 (2.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £27 (2.5%). The property's estimated gross yield is currently 5.0%.
Plot Size
1, Drapers Hill, Eye occupies a 266 m2 plot as recorded by HM Land Registry.
Of the 21 other houses in this postcode, 20 have recorded plot sizes, and this one ranks as the 16th largest.
Energy Efficiency
1, Drapers Hill, Eye has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jun 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
1, Drapers Hill, Eye last changed hands on 22nd May 2019, selling for £215,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 28.1% since May 2019.
- Sold May 2019£215,000
- Sold Dec 2016£205,000
- Sold Nov 2004£155,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.0 kilometres of 1, Drapers Hill, Eye across the last 2 years.
Most recently, 8, Drapers Hill, Eye, IP21 5LQ, a freehold house, sold at £295,000 on the 6th May 2022.
Read more about house prices in IP21.
- Sold May 2022£295,000 | 2 Bed House8, Drapers Hill, Eye, IP21 5LQ8, Drapers Hill, Eye, IP21 5LQ
- Sold Mar 2021£160,000 | 3 Bed HouseMeadow Cottage, Street Farm, Laxfield Road, Eye, IP21 5HXMeadow Cottage, Street Farm, Laxfield Road, Eye, IP21 5HX
- Sold Jul 2019£83,000 | 2 Bed HouseNeaves Cottage, Laxfield Road, Eye, IP21 5HXNeaves Cottage, Laxfield Road, Eye, IP21 5HX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Drapers Hill, Eye as the 21st largest and the 21st most expensive of the 21 addresses on Drapers Hill, Stradbroke, Eye, IP21.
Against the IP21 postcode district average, it is £109k less expensive than the typical property.
More reading links
Schools Nearby
- 300mStradbroke Church of England Primary School
- 2.3kmWilby Church of England Primary School
- 4.0kmFressingfield Church of England Primary School
- 600mStradbroke High School
- 9.5kmHartismere School
- 10.8kmThomas Mills High School & Sixth Form
More reading links
Public Transport Nearby
Diss station is the nearest stop to 1, Drapers Hill, Eye at 12.0 kilometres away.
- 12.0kmDiss
- 15.8kmHalesworth
- 17.6kmDarsham
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
