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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, The Crossroads, Eye is a modern freehold house with 1,679 ft2 of internal area and sits on a 977 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, The Crossroads, Eye is £462,898 and the estimated rental value is £1,424 per month.
The Crossroads, Brome, Eye, IP23 is located in the borough of Mid Suffolk within the IP23 postal district.
2, The Crossroads, Eye has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated July 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.
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, The Crossroads, Eye is in very good condition we estimate a sale value of £486,043 and a rental value of £1,495 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £430,495 and a rental value of £1,324 per month.
Over the last 12 months the sale value of 2 The Crossroads Eye has decreased by an estimated £18,342 (4.0%) and its rental value has increased by an estimated £30 per month (2.1%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 2, The Crossroads, Eye sits on a plot of 977m2.
We have plot size data on 7 out of 8 other houses in the postcode and 2, The Crossroads, Eye sits on the 4th largest plot.
2, The Crossroads, Eye has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Jul 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 2, The Crossroads, Eye was last sold on 21st July 2022 for £525,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2022, the market for similar properties has dropped 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Crossroads, Eye within a radius of 2.8 kilometres over the last 2 years.
The most recent example is 3, The Crossroads, Eye, IP23 8FD, a freehold house which sold for £525,000 on the 4th October 2022.
Read more about house prices in IP23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Crossroads, Brome, Eye, IP23 has a total of 15 addresses. According to our analysis of all the public data, 2, The Crossroads, Eye is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £93k more expensive than the average property in IP23.
The closest station to 2, The Crossroads, Eye is Diss station which is 3.3 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, The Crossroads, 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, The Crossroads, 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, The Crossroads, 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, The Crossroads, 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, The Crossroads, 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.
