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According to the public record, 2, Phoenix Way, Stowmarket is a modern freehold house with 957 ft2 of internal area and sits on a 414 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, Phoenix Way, Stowmarket is £450,541 and the estimated rental value is £1,347 per month.
Phoenix Way, Stowmarket, IP14 is located in the borough of Mid Suffolk within the IP14 postal district.
2, Phoenix Way, Stowmarket has 21 entries in the Land Registry , most recently in February 2023 and a single entry in the EPC database dated August 2022.
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 2, Phoenix Way, Stowmarket is in very good condition we estimate a sale value of £473,068 and a rental value of £1,415 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £419,003 and a rental value of £1,253 per month.
Over the last 12 months the sale value of 2 Phoenix Way Stowmarket has decreased by an estimated £18,409 (4.1%) and its rental value has increased by an estimated £35 per month (2.6%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, 2, Phoenix Way, Stowmarket sits on a plot of 414m2.
We have plot size data on 28 out of 39 other houses in the postcode and 2, Phoenix Way, Stowmarket sits on the 2nd largest plot.
2, Phoenix Way, Stowmarket has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Aug 2022.
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, 2, Phoenix Way, Stowmarket was last sold on 9th February 2023 for £482,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2023, the market for similar properties has dropped 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 640 metres radius of 2, Phoenix Way, Stowmarket over the last 2 years.
The most recent example is 1, Goldfinch Close, Stowmarket, IP14 5FG, a freehold house which sold for £425,000 on the 11th July 2022.
Read more about house prices in IP14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Phoenix Way, Stowmarket, IP14 has a total of 96 addresses. According to our analysis of all the public data, 2, Phoenix Way, Stowmarket is the 41st largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £146k more expensive than the average property in IP14.
The closest station to 2, Phoenix Way, Stowmarket is Stowmarket station which is 600 metres 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, Phoenix Way, Stowmarket, % 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, Phoenix Way, Stowmarket, 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, Phoenix Way, Stowmarket, 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, Phoenix Way, Stowmarket, 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.