Flat 4, 87
Flat 4, 87
Description & Estimates
Flat 4, 87, Cobbold Road, Woodbridge appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 593 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, 87, Cobbold Road, Woodbridge is £125,722 and its rental estimate is £739 per month, given the available information and assuming reasonable condition.
87, Cobbold Road is a residential building on Cobbold Road, Woodbridge, IP12 and falls within the IP12 postal district and the borough of East Suffolk.
Our Data Sources
Flat 4, 87, Cobbold Road, Woodbridge has 31 entries in the Land Registry , most recently in March 2008 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.
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 Flat 4, 87, Cobbold Road, Woodbridge, we estimate a market value of £132,008 and a rental value of £776 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £116,922 and £687 per month respectively.
Recent Market Change
Over the last year, Flat 4, 87, Cobbold Road, Woodbridge has seen its estimated sale value fall by £4,166 (3.3%) and its estimated rental value move up by £24 per month (3.2%). This results in an estimated gross rental yield of 7.1%.
Sold Prices
The most recent sale of Flat 4, 87, Cobbold Road, Woodbridge completed on 31st March 2008 at £83,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 67.5% over the period since March 2008.
- Sold Mar 2008£83,000
- Sold Jul 2005£73,500
- Sold Jul 2001£34,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 4, 87, Cobbold Road, Woodbridge has sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th July 2024, was 22, Grundisburgh Road, Woodbridge, IP12 4HG, a leasehold flat which sold for £95,500.
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 68 addresses on Cobbold Road, Woodbridge, IP12, Flat 4, 87, Cobbold Road, Woodbridge comes out as the 23rd largest and the 54th most expensive in our analysis of the public data.
It is also £286k less expensive than the average property across the IP12 district.
More reading links
Schools Nearby
- 900mSt Mary's Church of England Primary School, Woodbridge
- 1.2kmWoodbridge Primary School
- 1.5kmKyson Primary School
- 300mFarlingaye High School
- 5.8kmKesgrave High School
- 8.4kmSt Alban's Catholic High School
More reading links
Public Transport Nearby
From Flat 4, 87, Cobbold Road, Woodbridge, the nearest station is Woodbridge, 1.6 kilometres away.
- 1.6kmWoodbridge
- 2.3kmMelton (Suffolk)
- 8.3kmWickham 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.
