3, Austin Close
3, Austin Close
Description & Estimates
According to the public record, 3, Austin Close, Stowmarket is a modern freehold house with 1,184 ft2 of internal area.
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 3, Austin Close, Stowmarket is £375,293 and the estimated rental value is £1,374 per month.
Austin Close, Bacton, Stowmarket, IP14 is located in the borough of Mid Suffolk within the IP14 postal district.
Our Data Sources
3, Austin Close, Stowmarket has a single entry in the Land Registry from August 2024 and a single entry in the EPC database dated June 2024.
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.
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 3, Austin Close, Stowmarket is in very good condition we estimate a sale value of £394,057 and a rental value of £1,443 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £349,022 and a rental value of £1,278 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Austin Close, Stowmarket has moved down by £16,426 (4.4%), while its estimated rental value has increased by £32 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 4.4%.
Energy Efficiency
3, Austin Close, Stowmarket has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Jun 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
According to HM Land Registry, 3, Austin Close, Stowmarket was last sold on 27th August 2024 for £385,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2024, the market for similar properties has dropped by 10.0%.
- Sold Aug 2024£385,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Austin Close, Stowmarket within a radius of 4.4 kilometres over the last 2 years.
The most recent example is 17, Buckingham Way, Stowmarket, IP14 4GG, a freehold house which sold for £385,000 on the 5th July 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
Austin Close, Bacton, Stowmarket, IP14 has a total of 6 addresses. According to our analysis of all the public data, 3, Austin Close, Stowmarket is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £70k more expensive than the average property in IP14.
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Schools Nearby
- 700mBacton Primary School
- 4.9kmOld Newton Church of England Primary School
- 5.1kmCrawford's Church of England Primary School
- 7.4kmStowupland High School
- 8.2kmStowmarket High School
- 11.4kmIxworth High School
More reading links
Public Transport Nearby
The closest station to 3, Austin Close, Stowmarket is Elmswell station, which is 6.4 kilometres away.
- 6.4kmElmswell
- 8.3kmStowmarket
- 12.9kmThurston
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
