43, Ridgeway
43, Ridgeway
Description & Estimates
According to the public record, 43, Ridgeway, Stowmarket is a mid-century leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 43, Ridgeway, Stowmarket is £126,723 and the estimated rental value is £697 per month.
Ridgeway, Stowmarket, IP14 is located in the borough of Mid Suffolk within the IP14 postal district.
Our Data Sources
43, Ridgeway, Stowmarket has 71 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated August 2022.
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 43, Ridgeway, Stowmarket is in very good condition we estimate a sale value of £133,059 and a rental value of £732 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,853 and a rental value of £649 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 43, Ridgeway, Stowmarket has decreased by £4,195 (3.3%), while its estimated rental value has grown by £25 per month (3.6%). Based on current estimates, the property offers a gross rental yield of 6.6%.
Energy Efficiency
43, Ridgeway, Stowmarket has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 43, Ridgeway, Stowmarket was last sold on 5th September 2024 for £122,000 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since September 2024, the market for similar properties has risen by 2.4%.
- Sold Sep 2024£122,000
- Sold Apr 2018£119,000
- Sold Jan 2016£100,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Ridgeway, Stowmarket within a radius of 670 metres over the last 2 years.
The most recent example is 33, Ridgeway, Stowmarket, IP14 1SW, a leasehold flat which sold for £140,000 on the 20th December 2022.
Read more about house prices in IP14.
- Sold Dec 2022£140,000 | 2 Bed Flat33, Ridgeway, Stowmarket, IP14 1SW33, Ridgeway, Stowmarket, IP14 1SW
- Sold Dec 2021£125,000 | 2 Bed Flat35, Ridgeway, Stowmarket, IP14 1SW35, Ridgeway, Stowmarket, IP14 1SW
- Sold Sep 2021£149,500 | 2 Bed Flat28, Ridgeway, Stowmarket, IP14 1SW28, Ridgeway, Stowmarket, IP14 1SW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Ridgeway, Stowmarket, IP14 has a total of 37 addresses. According to our analysis of all the public data, 43, Ridgeway, Stowmarket is the 27th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in IP14.
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Schools Nearby
- 500mWood Ley Community Primary School
- 700mChilton Community Primary School
- 1.0kmAbbot's Hall Community Primary School
- 200mStowmarket High School
- 3.2kmStowupland High School
- 13.2kmClaydon High School
More reading links
Public Transport Nearby
The closest station to 43, Ridgeway, Stowmarket is Stowmarket station, which is 1.5 kilometres away.
- 1.5kmStowmarket
- 6.7kmNeedham Market
- 7.0kmElmswell
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
