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15A, Nethergate Street, Bungay is recorded publicly as a modern freehold house across 850 ft2 of internal area, sitting on a 171 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 15A, Nethergate Street, Bungay is £244,701 and its rental estimate is £1,100 per month, given the available information and assuming reasonable condition.
Nethergate Street, Bungay, NR35 falls within the NR35 postal district, in the borough of East Suffolk.
15A, Nethergate Street, Bungay has 2 entries in the Land Registry , most recently in October 2015 and a single entry in the EPC database dated October 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 15A, Nethergate Street, Bungay, we estimate a market value of £256,936 and a rental value of £1,155 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £227,572 and £1,023 per month respectively.
Over the last year, 15A, Nethergate Street, Bungay has seen its estimated sale value move down by £3,174 (1.3%) and its estimated rental value increase by £33 per month (3.0%). This results in an estimated gross rental yield of 5.4%.
HM Land Registry records the plot of land for 15A, Nethergate Street, Bungay as measuring 171 m2.
That makes it the 32nd largest plot in the postcode, where 40 of the 52 other houses have recorded plot data.
15A, Nethergate Street, Bungay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 15A, Nethergate Street, Bungay completed on 5th October 2015 at £180,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 63.9% over the period since October 2015.
Over the past 2 years 3 properties similar to 15A, Nethergate Street, Bungay have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th August 2021, was 50, Nethergate Street, Bungay, NR35 1HE, a freehold house which sold for £265,000.
Read more about house prices in NR35.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 54 addresses on Nethergate Street, Bungay, NR35, 15A, Nethergate Street, Bungay comes out as the 36th largest and the 35th most expensive in our analysis of the public data.
It is also £61k less expensive than the average property across the NR35 district.
From 15A, Nethergate Street, Bungay, the nearest station is Beccles, 9.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 15A, Nethergate 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 15A, Nethergate 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 15A, Nethergate 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 15A, Nethergate 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 15A, Nethergate 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.