2, Princes Close
2, Princes Close
Description & Estimates
Public records show 2, Princes Close, Stowmarket to be a modern freehold house with 1,367 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, Princes Close, Stowmarket has an estimated sale value of £420,813 and an estimated rental value of £1,423 per month, assuming reasonable condition and based on the information available.
Princes Close, Bacton, Stowmarket, IP14 lies in the borough of Mid Suffolk, within the IP14 postal district.
Our Data Sources
2, Princes Close, Stowmarket has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated December 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Princes Close, Stowmarket would be worth £441,853, with a potential rental value of £1,495 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £391,356, with a rental value of £1,324 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Princes Close, Stowmarket has declined by £18,418 (4.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £33 (2.3%). The property's estimated gross yield is currently 4.1%.
Energy Efficiency
2, Princes Close, Stowmarket has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 09 Dec 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Systems with radiators, electric.
Sold Prices
2, Princes Close, Stowmarket last changed hands on 6th April 2023, selling for £425,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 13.2% since April 2023.
- Sold Apr 2023£425,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.4 kilometres of 2, Princes Close, Stowmarket across the last 2 years.
Most recently, 14, Duke Street, Stowmarket, IP14 4FY, a freehold house, sold at £435,000 on the 6th December 2024.
Read more about house prices in IP14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Princes Close, Stowmarket as the 3rd largest and the 3rd most expensive of the 3 addresses on Princes Close, Bacton, Stowmarket, IP14.
Against the IP14 postcode district average, it is £116k more expensive than the typical property.
More reading links
Schools Nearby
- 400mBacton Primary School
- 4.9kmOld Newton Church of England Primary School
- 5.0kmGislingham Church of England Primary School
- 7.4kmStowupland High School
- 8.2kmStowmarket High School
- 11.3kmHartismere School
More reading links
Public Transport Nearby
Elmswell station is the nearest stop to 2, Princes Close, Stowmarket at 6.7 kilometres away.
- 6.7kmElmswell
- 8.3kmStowmarket
- 12.9kmNeedham Market
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
