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2, Talbot Road, Woodbridge is recorded publicly as a modern freehold house across 1,496 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Talbot Road, Woodbridge is £454,681 and its rental estimate is £1,685 per month, given the available information and assuming reasonable condition.
Talbot Road, Laxfield, Woodbridge, IP13 falls within the IP13 postal district, in the borough of Mid Suffolk.
2, Talbot Road, Woodbridge has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated November 2021.
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.
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, Talbot Road, Woodbridge, we estimate a market value of £477,415 and a rental value of £1,769 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £422,854 and £1,567 per month respectively.
Over the last year, 2, Talbot Road, Woodbridge has seen its estimated sale value decrease by £24,172 (5.3%) and its estimated rental value grow by £39 per month (2.3%). This results in an estimated gross rental yield of 4.4%.
2, Talbot Road, Woodbridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Underfloor heating and radiators, pipes in screed above insulation, electric.
The most recent sale of 2, Talbot Road, Woodbridge completed on 11th August 2023 at £550,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 4.4% over the period since August 2023.
Over the past 2 years 3 properties similar to 2, Talbot Road, Woodbridge have sold within a radius of 6.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th September 2024, was 9, Talbot Road, Woodbridge, IP13 8FP, a freehold house which sold for £500,000.
Read more about house prices in IP13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 24 addresses on Talbot Road, Laxfield, Woodbridge, IP13, 2, Talbot Road, Woodbridge comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £38k more expensive than the average property across the IP13 district.
From 2, Talbot Road, Woodbridge, the nearest station is Halesworth, 11.4 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Talbot Road, Woodbridge, 37.2% of property is socially rented and 30.6% 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, Talbot Road, Woodbridge, 17.3% of residents are recorded as possessing school level qualifications and 22.4% 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, Talbot Road, Woodbridge, the average age was 48.3 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, Talbot Road, 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, Talbot Road, Woodbridge, 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.