24, Magdalen Street
24, Magdalen Street
Description & Estimates
According to the public record, 24, Magdalen Street, Eye is a freehold house that sits on a 3,325 m2 plot.
By comparing it to neighbours, we estimate that it is a period house with 2,358 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Magdalen Street, Eye is £424,385 and the estimated rental value is £1,611 per month.
Magdalen Street, Eye, IP23 is located in the borough of Mid Suffolk within the IP23 postal district.
Our Data Sources
24, Magdalen Street, Eye has 21 entries in the Land Registry , most recently in September 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 24, Magdalen Street, Eye is in very good condition we estimate a sale value of £445,604 and a rental value of £1,692 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £394,678 and a rental value of £1,498 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 24, Magdalen Street, Eye has dropped by £13,183 (3.1%), while its estimated rental value has risen by £47 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Plot Size
According to data from HM Land Registry, 24, Magdalen Street, Eye sits on a plot of 3,325 m2.
We have plot size data on 22 out of 28 other houses in the postcode and 24, Magdalen Street, Eye sits on the largest plot.
Sold Prices
According to HM Land Registry, 24, Magdalen Street, Eye was last sold on 1st September 2023 for £565,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2023, the market for similar properties has dropped by 8.2%.
- Sold Sep 2023£565,000
- Sold Apr 1998£235,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Magdalen Street, Eye within a radius of 3.8 kilometres over the last 2 years.
The most recent example is 2, Broad Street, Eye, IP23 7AF, a freehold house which sold for £405,000 on the 30th July 2021.
Read more about house prices in IP23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Magdalen Street, Eye, IP23 has a total of 38 addresses. According to our analysis of all the public data, 24, Magdalen Street, Eye is the largest and the most expensive property on the street.
When compared to the postcode district it is £50k more expensive than the average property in IP23.
More reading links
Schools Nearby
- 500mSt Peter and St Paul Church of England Primary School, Eye
- 3.4kmOccold Primary School
- 3.8kmMellis Church of England Primary School
- 600mHartismere School
- 6.9kmDiss High School
- 8.8kmStradbroke High School
More reading links
Public Transport Nearby
The closest station to 24, Magdalen Street, Eye is Diss station, which is 6.1 kilometres away.
- 6.1kmDiss
- 17.5kmStowmarket
- 18.2kmElmswell
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
