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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 4, Pilgrims Way, Bungay is a modern freehold house with 495 ft2 of internal area and sits on a 292 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Pilgrims Way, Bungay is £176,479 and the estimated rental value is £838 per month.
Pilgrims Way, Bungay, NR35 is located in the borough of East Suffolk within the NR35 postal district.
4, Pilgrims Way, Bungay has a single entry in the Land Registry from September 2020 and a single entry in the EPC database dated May 2020.
We combine this information with that 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.
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 4, Pilgrims Way, Bungay is in very good condition we estimate a sale value of £185,303 and a rental value of £880 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,126 and a rental value of £779 per month.
Over the last 12 months the sale value of 4 Pilgrims Way Bungay has decreased by an estimated £1,932 (1.1%) and its rental value has increased by an estimated £26 per month (3.1%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 4, Pilgrims Way, Bungay sits on a plot of 292m2.
We have plot size data on 33 out of 36 other houses in the postcode and 4, Pilgrims Way, Bungay sits on the 4th largest plot.
4, Pilgrims Way, Bungay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 May 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Pilgrims Way, Bungay was last sold on 28th September 2020 for £145,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2020, the market for similar properties has risen 38.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Pilgrims Way, Bungay within a radius of 800 metres over the last 2 years.
The most recent example is 28, Pilgrims Way, Bungay, NR35 1HL, a freehold house which sold for £180,000 on the 11th March 2021.
Read more about house prices in NR35.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pilgrims Way, Bungay, NR35 has a total of 36 addresses. According to our analysis of all the public data, 4, Pilgrims Way, Bungay is the 35th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in NR35.
The closest station to 4, Pilgrims Way, Bungay is Beccles station which is 8.6 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Pilgrims Way, Bungay, 37.7% of property is privately owned outright and 32.0% is privately owned with a mortgage.
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, Pilgrims Way, Bungay, 16.0% of residents are recorded as possessing school level qualifications and 32.4% 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, Pilgrims Way, Bungay, the average age was 47.4 and the most common age was 72.
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, Pilgrims Way, Bungay, 0.0% 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, Pilgrims Way, Bungay, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
