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Company No. 11113204
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According to the public record, 7, Newgate, Bungay is a mid-century freehold house with 1,980 ft2 of internal area and sits on a 1,331 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 7, Newgate, Bungay is £420,320 and the estimated rental value is £1,667 per month.
Newgate, Kirby Cane, Bungay, NR35 is located in the borough of South Norfolk within the NR35 postal district.
7, Newgate, Bungay has 31 entries in the Land Registry , most recently in June 2019 and a single entry in the EPC database dated June 2017.
We combine this information with that 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 7, Newgate, Bungay is in very good condition we estimate a sale value of £441,336 and a rental value of £1,750 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £390,897 and a rental value of £1,550 per month.
Over the last 12 months the sale value of 7 Newgate Bungay has decreased by an estimated £10,300 (2.5%) and its rental value has increased by an estimated £22 per month (1.3%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 7, Newgate, Bungay sits on a plot of 1331m2.
We have plot size data on 12 out of 27 other houses in the postcode and 7, Newgate, Bungay sits on the largest plot.
7, Newgate, Bungay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jun 2017.
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, 7, Newgate, Bungay was last sold on 7th June 2019 for £325,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2019, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Newgate, Bungay within a radius of 3.9 kilometres over the last 2 years.
The most recent example is 64, Yarmouth Road, Bungay, NR35 2PL, a freehold house which sold for £250,000 on the 6th May 2020.
Read more about house prices in NR35.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newgate, Kirby Cane, Bungay, NR35 has a total of 27 addresses. According to our analysis of all the public data, 7, Newgate, Bungay is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £118k more expensive than the average property in NR35.
The closest station to 7, Newgate, Bungay is Beccles station which is 5.8 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 7, Newgate, Bungay, 64.0% of property is privately owned outright and 27.2% 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, Newgate, Bungay, 9.4% of residents are recorded as possessing school level qualifications and 34.1% 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, Newgate, Bungay, the average age was 46.8 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 7, Newgate, Bungay, 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 7, Newgate, Bungay, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
