5, Millers Close
5, Millers Close
Description & Estimates
Public records show 5, Millers Close, Stowmarket to be a modern freehold house with 613 ft2 of internal area, sitting on a 296 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
5, Millers Close, Stowmarket has an estimated sale value of £236,329 and an estimated rental value of £950 per month, assuming reasonable condition and based on the information available.
Millers Close, Stowmarket, IP14 lies in the borough of Mid Suffolk, within the IP14 postal district.
Our Data Sources
5, Millers Close, Stowmarket has a single entry in the Land Registry from September 2012 and a single entry in the EPC database dated June 2012.
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
In very good condition, we estimate 5, Millers Close, Stowmarket would be worth £248,145, with a potential rental value of £997 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £219,786, with a rental value of £883 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Millers Close, Stowmarket has moved down by £9,443 (4.0%) over the last year. During the same period, its estimated monthly rental value has increased by £24 (2.5%). The property's estimated gross yield is currently 4.8%.
Plot Size
5, Millers Close, Stowmarket occupies a 296 m2 plot as recorded by HM Land Registry.
All 15 other houses in this postcode have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
5, Millers Close, Stowmarket has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jun 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Millers Close, Stowmarket last changed hands on 4th September 2012, selling for £151,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 77.2% since September 2012.
- Sold Sep 2012£151,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.0 kilometres of 5, Millers Close, Stowmarket across the last 2 years.
Most recently, 52, Farriers Road, Stowmarket, IP14 2NS, a freehold house, sold at £225,000 on the 21st June 2024.
Read more about house prices in IP14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 5, Millers Close, Stowmarket as the 8th largest and the 8th most expensive of the 15 addresses on Millers Close, Stowmarket, IP14.
Against the IP14 postcode district average, it is £68k less expensive than the typical property.
More reading links
Schools Nearby
- 1.0kmAbbot's Hall Community Primary School
- 1.0kmCombs Ford Primary School
- 1.1kmTrinity Church of England Voluntary Aided Primary School
- 1.8kmStowmarket High School
- 3.6kmStowupland High School
- 11.7kmClaydon High School
More reading links
Public Transport Nearby
Stowmarket station is the nearest stop to 5, Millers Close, Stowmarket at 1.8 kilometres away.
- 1.8kmStowmarket
- 5.3kmNeedham Market
- 8.6kmElmswell
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
