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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, 5, Bishops Way, Eye is a modern freehold house with 1,280 ft2 of internal area and sits on a 460 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Bishops Way, Eye is £345,100 and the estimated rental value is £1,462 per month.
Bishops Way, Stradbroke, Eye, IP21 is located in the borough of Mid Suffolk within the IP21 postal district.
5, Bishops Way, Eye has 2 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 5, Bishops Way, Eye is in very good condition we estimate a sale value of £362,355 and a rental value of £1,535 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £320,943 and a rental value of £1,359 per month.
Over the last 12 months the sale value of 5 Bishops Way Eye has decreased by an estimated £8,201 (2.4%) and its rental value has increased by an estimated £41 per month (2.8%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 5, Bishops Way, Eye sits on a plot of 460m2.
We have plot size data on 16 out of 19 other houses in the postcode and 5, Bishops Way, Eye sits on the 4th largest plot.
5, Bishops Way, Eye has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 5, Bishops Way, Eye was last sold on 30th May 2022 for £367,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has dropped 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Bishops Way, Eye within a radius of 5.0 kilometres over the last 2 years.
The most recent example is 11, Woodfields, Eye, IP21 5JQ, a freehold house which sold for £357,500 on the 16th August 2024.
Read more about house prices in IP21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bishops Way, Stradbroke, Eye, IP21 has a total of 19 addresses. According to our analysis of all the public data, 5, Bishops Way, Eye is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in IP21.
The closest station to 5, Bishops Way, Eye is Diss station which is 11.8 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 5, Bishops Way, Eye, 57.4% of property is privately owned outright and 25.7% 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 5, Bishops Way, Eye, 16.4% of residents are recorded as possessing school level qualifications and 29.0% 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 5, Bishops Way, Eye, the average age was 48.3 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 5, Bishops Way, Eye, 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 5, Bishops Way, Eye, 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.
