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According to the public record, 17, Pennyfields, Bungay is a mid-century freehold house with 624 ft2 of internal area and sits on a 216 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 17, Pennyfields, Bungay is £236,951 and the estimated rental value is £967 per month.
Pennyfields, Bungay, NR35 is located in the borough of East Suffolk within the NR35 postal district.
17, Pennyfields, Bungay has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 17, Pennyfields, Bungay is in very good condition we estimate a sale value of £248,799 and a rental value of £1,015 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,365 and a rental value of £899 per month.
Over the last 12 months the sale value of 17 Pennyfields Bungay has decreased by an estimated £3,089 (1.3%) and its rental value has increased by an estimated £25 per month (2.6%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 17, Pennyfields, Bungay sits on a plot of 216m2.
We have plot size data on 10 out of 16 other houses in the postcode and 17, Pennyfields, Bungay sits on the 10th largest plot.
17, Pennyfields, Bungay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 17, Pennyfields, Bungay was last sold on 25th March 2022 for £269,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2022, the market for similar properties has dropped 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Pennyfields, Bungay within a radius of 990 metres over the last 2 years.
The most recent example is 53, Tower Mill Road, Bungay, NR35 1RJ, a freehold house which sold for £262,500 on the 30th June 2022.
Read more about house prices in NR35.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pennyfields, Bungay, NR35 has a total of 16 addresses. According to our analysis of all the public data, 17, Pennyfields, Bungay is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in NR35.
The closest station to 17, Pennyfields, Bungay is Beccles station which is 8.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 17, Pennyfields, Bungay, 42.9% of property is privately owned outright and 24.6% is privately owned with a mortgage.
The graph below shows how this compares to East of England 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 17, Pennyfields, Bungay, 22.4% of residents are recorded as possessing school level qualifications and 22.7% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 17, Pennyfields, Bungay, the average age was 47.4 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 17, Pennyfields, Bungay, 0.9% 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 17, Pennyfields, Bungay, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
