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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
5, Chapel Close, Eye is described in the public record as a mid-century house with 409 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5, Chapel Close, Eye is £153,496 and its rental estimate is £808 per month, given the available information and assuming reasonable condition.
Chapel Close, Fressingfield, Eye, IP21 falls within the IP21 postal district, in the borough of Mid Suffolk.
5, Chapel Close, Eye has no records in the the Land Registry and a single entry in the EPC database dated November 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 5, Chapel Close, Eye, we estimate a market value of £161,171 and a rental value of £848 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £142,752 and £751 per month respectively.
Over the last year, 5, Chapel Close, Eye has seen its estimated sale value move down by £3,558 (2.3%) and its estimated rental value increase by £20 per month (2.5%). This results in an estimated gross rental yield of 6.3%.
5, Chapel Close, Eye has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Nov 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
Over the past 2 years 1 property similar to 5, Chapel Close, Eye has sold within a radius of 5.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th April 2019, was Bergamini Cottage, Wilby Road, Eye, IP21 5JN, a freehold house which sold for £168,500.
Read more about house prices in IP21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 17 addresses on Chapel Close, Fressingfield, Eye, IP21, 5, Chapel Close, Eye comes out as the 13th largest and the 10th most expensive in our analysis of the public data.
It is also £213k less expensive than the average property across the IP21 district.
From 5, Chapel Close, Eye, the nearest station is Halesworth, 12.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Chapel Close, Eye, 52.6% of property is socially rented and 22.8% is privately owned outright.
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, Chapel Close, Eye, 17.5% of residents are recorded as possessing school level qualifications and 13.9% 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, Chapel Close, 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, Chapel Close, 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, Chapel Close, Eye, 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.
