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According to the public record, 48, Needham Road, Stowmarket is a modern house with 2,561 ft2 of internal area and sits on a 493 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Needham Road, Stowmarket is £561,464 and the estimated rental value is £1,773 per month.
Needham Road, Stowmarket, IP14 is located in the borough of Mid Suffolk within the IP14 postal district.
48, Needham Road, Stowmarket has no records in the the Land Registry and a single entry in the EPC database dated June 2018.
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.
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 48, Needham Road, Stowmarket is in very good condition we estimate a sale value of £589,537 and a rental value of £1,862 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £522,162 and a rental value of £1,649 per month.
Over the past 12 months, the estimated sale value of 48, Needham Road, Stowmarket has dropped by £25,320 (4.5%), while its estimated rental value has risen by £31 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 3.8%.
According to data from HM Land Registry, 48, Needham Road, Stowmarket sits on a plot of 493 m2.
We have plot size data on 16 out of 18 other houses in the postcode and 48, Needham Road, Stowmarket sits on the 8th largest plot.
48, Needham Road, Stowmarket has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Jun 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Needham Road, Stowmarket within a radius of 750 metres over the last 2 years.
The most recent example is The Larches, Woodfield Drive, Stowmarket, IP14 1BJ, a freehold house which sold for £560,000 on the 6th September 2019.
Read more about house prices in IP14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Needham Road, Stowmarket, IP14 has a total of 40 addresses. According to our analysis of all the public data, 48, Needham Road, Stowmarket is the largest and the most expensive property on the street.
When compared to the postcode district it is £257k more expensive than the average property in IP14.
The closest station to 48, Needham Road, Stowmarket is Stowmarket station, which is 1.1 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 48, Needham Road, Stowmarket, 47.1% of property is privately owned outright and 35.3% 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 48, Needham Road, Stowmarket, 15.4% of residents are recorded as possessing school level qualifications and 25.7% 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 48, Needham Road, Stowmarket, the average age was 39.3 and the most common age was 32.
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 48, Needham Road, Stowmarket, 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 48, Needham Road, Stowmarket, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.