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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, 9, Reeves Close, Bungay is a modern freehold house with 622 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 9, Reeves Close, Bungay is £140,168 and the estimated rental value is £738 per month.
Reeves Close, Bungay, NR35 is located in the borough of East Suffolk within the NR35 postal district.
9, Reeves Close, Bungay has 51 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated March 2018.
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 9, Reeves Close, Bungay is in very good condition we estimate a sale value of £147,176 and a rental value of £775 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,356 and a rental value of £686 per month.
Over the last 12 months the sale value of 9 Reeves Close Bungay has decreased by an estimated £1,534 (1.1%) and its rental value has increased by an estimated £23 per month (3.1%), giving an expected gross yield of 6.3%.
9, Reeves Close, Bungay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Mar 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 9, Reeves Close, Bungay was last sold on 25th May 2022 for £138,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since May 2022, the market for similar properties has risen 11.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Reeves Close, Bungay within a radius of 790 metres over the last 2 years.
The most recent example is 14, Reeves Close, Bungay, NR35 1HN, a freehold house which sold for £138,750 on the 13th February 2023.
Read more about house prices in NR35.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reeves Close, Bungay, NR35 has a total of 18 addresses. According to our analysis of all the public data, 9, Reeves Close, Bungay is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in NR35.
The closest station to 9, Reeves Close, Bungay is Beccles station which is 8.5 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 9, Reeves Close, Bungay, 37.7% of property is privately owned outright and 32.0% 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 9, Reeves Close, Bungay, 16.0% of residents are recorded as possessing school level qualifications and 32.4% 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 9, Reeves 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 9, Reeves Close, 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 9, Reeves Close, Bungay, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
