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Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2, Murray Close, Woodbridge is £159,737 and its rental estimate is £871 per month, given the available information and assuming reasonable condition.
Murray Close, Melton, Woodbridge, IP12 falls within the IP12 postal district, in the borough of East Suffolk.
2, Murray Close, Woodbridge has no records in the the Land Registry and a single entry in the EPC database dated June 2020.
We combine this information with public data 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Murray Close, Woodbridge, we estimate a market value of £167,724 and a rental value of £914 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £148,556 and £810 per month respectively.
Over the last year, 2, Murray Close, Woodbridge has seen its estimated sale value move down by £5,293 (3.3%) and its estimated rental value increase by £28 per month (3.2%). This results in an estimated gross rental yield of 6.5%.
2, Murray Close, Woodbridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Jun 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 2, Murray Close, Woodbridge have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th February 2019, was 71, Lloyd Road, Woodbridge, IP12 1NF, a leasehold flat which sold for £836,058.
Read more about house prices in IP12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 21 addresses on Murray Close, Melton, Woodbridge, IP12, 2, Murray Close, Woodbridge comes out as the 21st largest and the 21st most expensive in our analysis of the public data.
It is also £252k less expensive than the average property across the IP12 district.
From 2, Murray Close, Woodbridge, the nearest station is Melton (Suffolk), 1.8 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Murray Close, Woodbridge, % of property is and % is .
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, Murray Close, Woodbridge, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Murray Close, Woodbridge, 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, Murray Close, Woodbridge, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.