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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, 7, Farm Close, Bungay is a mid-century freehold house with 1,603 ft2 of internal area and sits on a 474 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 7, Farm Close, Bungay is £403,626 and the estimated rental value is £1,403 per month.
Farm Close, Bungay, NR35 is located in the borough of East Suffolk within the NR35 postal district.
7, Farm Close, Bungay has 2 entries in the Land Registry , most recently in April 2015 and a single entry in the EPC database dated September 2021.
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.
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 7, Farm Close, Bungay is in very good condition we estimate a sale value of £423,807 and a rental value of £1,474 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £375,372 and a rental value of £1,305 per month.
Over the last 12 months the sale value of 7 Farm Close Bungay has decreased by an estimated £10,066 (2.5%) and its rental value has increased by an estimated £18 per month (1.3%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 7, Farm Close, Bungay sits on a plot of 474m2.
We have plot size data on 12 out of 13 other houses in the postcode and 7, Farm Close, Bungay sits on the 10th largest plot.
7, Farm Close, Bungay has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
According to HM Land Registry, 7, Farm Close, Bungay was last sold on 2nd April 2015 for £297,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2015, the market for similar properties has risen 80.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Farm Close, Bungay within a radius of 970 metres over the last 2 years.
The most recent example is 37, Beccles Road, Bungay, NR35 1HT, a freehold house which sold for £390,000 on the 10th May 2024.
Read more about house prices in NR35.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farm Close, Bungay, NR35 has a total of 13 addresses. According to our analysis of all the public data, 7, Farm Close, Bungay is the largest and the most expensive property on the street.
When compared to the postcode district it is £101k more expensive than the average property in NR35.
The closest station to 7, Farm Close, Bungay is Beccles station which is 8.1 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 7, Farm Close, Bungay, 36.7% of property is privately owned outright and 35.9% 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 7, Farm Close, Bungay, 16.8% of residents are recorded as possessing school level qualifications and 24.8% 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 7, Farm Close, Bungay, the average age was 47.4 and the most common age was 72.
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 7, Farm Close, Bungay, 0.6% 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 7, Farm Close, Bungay, 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.
