8, Grant Rise
8, Grant Rise
Description & Estimates
8, Grant Rise, Woodbridge appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 340 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 8, Grant Rise, Woodbridge is £203,610 and its rental estimate is £805 per month, given the available information and assuming reasonable condition.
Grant Rise, Woodbridge, IP12 falls within the IP12 postal district, in the borough of East Suffolk.
Our Data Sources
8, Grant Rise, Woodbridge has 2 entries in the Land Registry , most recently in May 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 8, Grant Rise, Woodbridge, we estimate a market value of £213,790 and a rental value of £845 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £189,357 and £749 per month respectively.
Recent Market Change
Over the last year, 8, Grant Rise, Woodbridge has seen its estimated sale value decrease by £6,784 (3.3%) and its estimated rental value grow by £29 per month (3.6%). This results in an estimated gross rental yield of 4.7%.
Sold Prices
The most recent sale of 8, Grant Rise, Woodbridge completed on 16th May 2016 at £91,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 21.9% over the period since May 2016.
- Sold May 2016£91,500
- Sold Nov 2008£108,750
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 8, Grant Rise, Woodbridge has sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th April 2018, was 7, Grant Rise, Woodbridge, IP12 1FG, a leasehold flat which sold for £90,000.
Read more about house prices in IP12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 19 addresses on Grant Rise, Woodbridge, IP12, 8, Grant Rise, Woodbridge comes out as the 18th largest and the 18th most expensive in our analysis of the public data.
It is also £208k less expensive than the average property across the IP12 district.
More reading links
Schools Nearby
- 300mWoodbridge Primary School
- 800mSt Mary's Church of England Primary School, Woodbridge
- 1.1kmMelton Primary School
- 900mFarlingaye High School
- 6.1kmKesgrave High School
- 8.9kmSt Alban's Catholic High School
More reading links
Public Transport Nearby
From 8, Grant Rise, Woodbridge, the nearest station is Woodbridge, 900 metres away.
- 900mWoodbridge
- 1.6kmMelton (Suffolk)
- 8.1kmWickham Market
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
