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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Millfield Close, Bungay is a modern freehold house with 775 ft2 of internal area and sits on a 142 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Millfield Close, Bungay is £188,135 and the estimated rental value is £980 per month.
Millfield Close, Ditchingham, Bungay, NR35 is located in the borough of South Norfolk within the NR35 postal district.
2, Millfield Close, Bungay has 31 entries in the Land Registry , most recently in September 2009 and a single entry in the EPC database dated June 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 2, Millfield Close, Bungay is in very good condition we estimate a sale value of £197,542 and a rental value of £1,029 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,965 and a rental value of £912 per month.
Over the last 12 months the sale value of 2 Millfield Close Bungay has decreased by an estimated £3,743 (2.0%) and its rental value has increased by an estimated £21 per month (2.1%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 2, Millfield Close, Bungay sits on a plot of 142m2.
We have plot size data on 11 out of 17 other houses in the postcode and 2, Millfield Close, Bungay sits on the 6th largest plot.
2, Millfield Close, Bungay has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Jun 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, 2, Millfield Close, Bungay was last sold on 25th September 2009 for £105,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2009, the market for similar properties has risen 93.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Millfield Close, Bungay within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 16, Clark Road, Bungay, NR35 2QQ, a freehold house which sold for £230,000 on the 2nd November 2022.
Read more about house prices in NR35.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millfield Close, Ditchingham, Bungay, NR35 has a total of 17 addresses. According to our analysis of all the public data, 2, Millfield Close, Bungay is the 5th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £114k less expensive than the average property in NR35.
The closest station to 2, Millfield Close, Bungay is Beccles station which is 8.5 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 2, Millfield Close, Bungay, 31.4% of property is privately owned with a mortgage and 28.8% is privately owned outright.
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 2, Millfield Close, Bungay, 22.2% of residents are recorded as possessing school level qualifications and 16.1% 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 2, Millfield Close, Bungay, the average age was 48.2 and the most common age was 57.
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 2, Millfield Close, Bungay, 0.0% 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 2, Millfield Close, Bungay, 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.
