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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, Nicks Lane, Eye is a mid-century house with 914 ft2 of internal area.
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, Nicks Lane, Eye is £433,816 and the estimated rental value is £1,141 per month.
Nicks Lane, Brome, Eye, IP23 is located in the borough of Mid Suffolk within the IP23 postal district.
2, Nicks Lane, Eye has no records in the the Land Registry and a single entry in the EPC database dated February 2022.
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.
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, Nicks Lane, Eye is in very good condition we estimate a sale value of £455,507 and a rental value of £1,198 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £403,449 and a rental value of £1,061 per month.
Over the last 12 months the sale value of 2 Nicks Lane Eye has decreased by an estimated £12,730 (2.9%) and its rental value has increased by an estimated £31 per month (2.7%), giving an expected gross yield of 3.2%.
2, Nicks Lane, Eye has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Feb 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Nicks Lane, Eye within a radius of 3.2 kilometres over the last 2 years.
The most recent example is Mustard Pot Farm, Brome Avenue, Eye, IP23 7HW, a freehold house which sold for £350,000 on the 30th July 2020.
Read more about house prices in IP23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nicks Lane, Brome, Eye, IP23 has a total of 6 addresses. According to our analysis of all the public data, 2, Nicks Lane, Eye is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in IP23.
The closest station to 2, Nicks Lane, Eye is Diss station which is 4.0 kilometres 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 2, Nicks Lane, Eye, 52.4% of property is privately owned outright and 24.4% 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 2, Nicks Lane, Eye, 16.1% of residents are recorded as possessing school level qualifications and 32.4% 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, Nicks Lane, Eye, 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 2, Nicks Lane, Eye, 1.6% 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, Nicks Lane, Eye, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
