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4, Millars Close, Bury St. Edmunds is described in the public record as a mid-century house with 452 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 4, Millars Close, Bury St. Edmunds is £226,052 and its rental estimate is £977 per month, given the available information and assuming reasonable condition.
Millars Close, Walsham-Le-Willows, Bury St. Edmunds, IP31 falls within the IP31 postal district, in the borough of Mid Suffolk.
4, Millars Close, Bury St. Edmunds has no records in the the Land Registry and a single entry in the EPC database dated November 2014.
We combine this information with public data 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 4, Millars Close, Bury St. Edmunds, we estimate a market value of £237,354 and a rental value of £1,026 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £210,228 and £909 per month respectively.
Over the last year, 4, Millars Close, Bury St. Edmunds has seen its estimated sale value move down by £6,497 (2.9%) and its estimated rental value increase by £30 per month (3.1%). This results in an estimated gross rental yield of 5.2%.
4, Millars Close, Bury St. Edmunds has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Over the past 2 years 3 properties similar to 4, Millars Close, Bury St. Edmunds have sold within a radius of 4.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th December 2022, was 1 Lime Tree Cottages, The Street, Bury St. Edmunds, IP31 3AA, a freehold house which sold for £220,000.
Read more about house prices in IP31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 6 addresses on Millars Close, Walsham-Le-Willows, Bury St. Edmunds, IP31, 4, Millars Close, Bury St. Edmunds comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £142k less expensive than the average property across the IP31 district.
From 4, Millars Close, Bury St. Edmunds, the nearest station is Elmswell, 7.5 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Millars Close, Bury St. Edmunds, 39.4% of property is privately owned with a mortgage and 35.6% is privately owned outright.
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 4, Millars Close, Bury St. Edmunds, 17.7% of residents are recorded as possessing school level qualifications and 39.5% 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 4, Millars Close, Bury St. Edmunds, the average age was 47.4 and the most common age was 57.
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 4, Millars Close, Bury St. Edmunds, 0.5% 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 4, Millars Close, Bury St. Edmunds, 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.