3, Old Forge Close
3, Old Forge Close
Description & Estimates
Public records show 3, Old Forge Close, Bungay to be a modern freehold house with 1,291 ft2 of internal area, sitting on a 870 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Old Forge Close, Bungay has an estimated sale value of £373,744 and an estimated rental value of £1,309 per month, assuming reasonable condition and based on the information available.
Old Forge Close, Woodton, Bungay, NR35 lies in the borough of South Norfolk, within the NR35 postal district.
Our Data Sources
3, Old Forge Close, Bungay has 21 entries in the Land Registry , most recently in December 2015 and a single entry in the EPC database dated September 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 3, Old Forge Close, Bungay would be worth £392,431, with a potential rental value of £1,375 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £347,582, with a rental value of £1,217 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Old Forge Close, Bungay has dropped by £5,311 (1.4%) over the last year. During the same period, its estimated monthly rental value has risen by £35 (2.7%). The property's estimated gross yield is currently 4.2%.
Plot Size
3, Old Forge Close, Bungay occupies a 870 m2 plot as recorded by HM Land Registry.
All 4 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
3, Old Forge Close, Bungay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
3, Old Forge Close, Bungay last changed hands on 11th December 2015, selling for £275,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 34.0% since December 2015.
- Sold Dec 2015£275,000
- Sold Jul 1999£104,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.4 kilometres of 3, Old Forge Close, Bungay across the last 2 years.
Most recently, 20, Nursery Place, Bungay, NR35 2QD, a freehold house, sold at £400,000 on the 26th September 2024.
Read more about house prices in NR35.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 3, Old Forge Close, Bungay as the 2nd largest and the 3rd most expensive of the 4 addresses on Old Forge Close, Woodton, Bungay, NR35.
Against the NR35 postcode district average, it is £68k more expensive than the typical property.
More reading links
Schools Nearby
- 100mWoodton Primary School
- 4.3kmSeething and Mundham Primary School
- 4.6kmBrooke Voluntary Controlled Church of England Primary School
- 7.5kmBungay High School
- 7.7kmHobart High School
- 9.4kmFramingham Earl High School
More reading links
Public Transport Nearby
Buckenham station is the nearest stop to 3, Old Forge Close, Bungay at 12.5 kilometres away.
- 12.5kmBuckenham
- 12.7kmCantley
- 13.7kmBeccles
Risk of Flooding
Environment Agency data suggests this area has a medium risk of flooding.
