27, Ridgeway
27, Ridgeway
Description & Estimates
According to the public record, 27, Ridgeway, Stowmarket is a mid-century apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 27, Ridgeway, Stowmarket is £138,289 and the estimated rental value is £748 per month.
Ridgeway, Stowmarket, IP14 is located in the borough of Mid Suffolk within the IP14 postal district.
Our Data Sources
27, Ridgeway, Stowmarket has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2024.
We combine this information with public data 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.
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 27, Ridgeway, Stowmarket is in very good condition we estimate a sale value of £145,203 and a rental value of £785 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,608 and a rental value of £695 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 27, Ridgeway, Stowmarket has dropped by £4,578 (3.3%), while its estimated rental value has risen by £27 per month (3.6%). Based on current estimates, the property offers a gross rental yield of 6.5%.
Energy Efficiency
27, Ridgeway, Stowmarket has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Aug 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, 27, Ridgeway, Stowmarket was last sold on 7th April 2006 for £101,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
- Sold Apr 2006£101,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Ridgeway, Stowmarket within a radius of 680 metres over the last 2 years.
The most recent example is 15, Ridgeway, Stowmarket, IP14 1SW, a leasehold flat which sold for £126,000 on the 13th December 2023.
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
Ridgeway, Stowmarket, IP14 has a total of 37 addresses. According to our analysis of all the public data, 27, Ridgeway, Stowmarket is the 23rd largest and the 25th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in IP14.
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Schools Nearby
- 500mWood Ley Community Primary School
- 700mChilton Community Primary School
- 1.0kmAbbot's Hall Community Primary School
- 200mStowmarket High School
- 3.2kmStowupland High School
- 13.2kmClaydon High School
More reading links
Public Transport Nearby
The closest station to 27, Ridgeway, Stowmarket is Stowmarket station, which is 1.5 kilometres away.
- 1.5kmStowmarket
- 6.7kmNeedham Market
- 7.0kmElmswell
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.
