4, Old Forge Close
4, Old Forge Close
Description & Estimates
4, Old Forge Close, Bungay is described in the public record as a modern house with 1,280 ft2 of internal area, sitting on a 612 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 4, Old Forge Close, Bungay is £381,862 and its rental estimate is £1,297 per month, given the available information and assuming reasonable condition.
Old Forge Close, Woodton, Bungay, NR35 falls within the NR35 postal district, in the borough of South Norfolk.
Our Data Sources
4, Old Forge Close, Bungay has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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, Old Forge Close, Bungay, we estimate a market value of £400,956 and a rental value of £1,362 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £355,132 and £1,206 per month respectively.
Recent Market Change
Over the last year, 4, Old Forge Close, Bungay has seen its estimated sale value fall by £5,427 (1.4%) and its estimated rental value move up by £35 per month (2.7%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for 4, Old Forge Close, Bungay as measuring 612 m2.
That makes it the 2nd largest plot in the postcode, where all 4 other houses have recorded plot data.
Energy Efficiency
4, Old Forge Close, Bungay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jun 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 4, Old Forge Close, Bungay completed on 25th July 2005 at £265,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
- Sold Jul 2005£265,000
- Sold May 2001£142,000
- Sold Nov 1999£125,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Old Forge Close, Bungay have sold within a radius of 5.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th September 2024, was 20, Nursery Place, Bungay, NR35 2QD, a freehold house which sold for £400,000.
Read more about house prices in NR35.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 4 addresses on Old Forge Close, Woodton, Bungay, NR35, 4, Old Forge Close, Bungay comes out as the 3rd largest and the 2nd most expensive in our analysis of the public data.
It is also £77k more expensive than the average property across the NR35 district.
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
From 4, Old Forge Close, Bungay, the nearest station is Buckenham, 12.5 kilometres away.
- 12.5kmBuckenham
- 12.7kmCantley
- 13.7kmBeccles
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
