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According to the public record, 8, Trinity Street, Bungay is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,891 ft2 of internal area and sits on a 3,014 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Trinity Street, Bungay is £482,266 and the estimated rental value is £1,994 per month.
Trinity Street, Bungay, NR35 is located in the borough of East Suffolk within the NR35 postal district.
8, Trinity Street, Bungay has 2 entries in the Land Registry , most recently in June 2021 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 5 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 8, Trinity Street, Bungay is in very good condition we estimate a sale value of £506,380 and a rental value of £2,093 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £448,508 and a rental value of £1,854 per month.
Over the last 12 months the sale value of 8 Trinity Street Bungay has decreased by an estimated £11,819 (2.5%) and its rental value has increased by an estimated £26 per month (1.3%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 8, Trinity Street, Bungay sits on a plot of 3014m2.
We have plot size data on 11 out of 15 other houses in the postcode and 8, Trinity Street, Bungay sits on the 3rd largest plot.
According to HM Land Registry, 8, Trinity Street, Bungay was last sold on 24th June 2021 for £1,085,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2021, the market for similar properties has risen 38.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Trinity Street, Bungay within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 7, Staithe Road, Bungay, NR35 1ET, a freehold house which sold for £270,000 on the 23rd February 2021.
Read more about house prices in NR35.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Trinity Street, Bungay, NR35 has a total of 21 addresses. According to our analysis of all the public data, 8, Trinity Street, Bungay is the 2nd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £180k more expensive than the average property in NR35.
The closest station to 8, Trinity Street, Bungay is Beccles station which is 8.9 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 8, Trinity Street, Bungay, 51.0% of property is privately owned outright and 26.9% is privately rented.
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 8, Trinity Street, Bungay, 6.6% of residents are recorded as possessing school level qualifications and 44.1% 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 8, Trinity Street, 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 8, Trinity Street, Bungay, 0.8% 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 8, Trinity Street, Bungay, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.