Flat 5, 87
Flat 5, 87
Description & Estimates
Flat 5, 87, Cobbold Road, Woodbridge is recorded publicly as a modern leasehold apartment across 258 ft2 of internal area.
Locally, apartments of this size are normally studios.
Our estimate of the sale value of Flat 5, 87, Cobbold Road, Woodbridge is £83,389 and its rental estimate is £476 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 5, 87, Cobbold Road, Woodbridge has 21 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated September 2023.
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.
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 5, 87, Cobbold Road, Woodbridge, we estimate a market value of £87,558 and a rental value of £499 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £77,552 and £442 per month respectively.
Recent Market Change
Over the last year, Flat 5, 87, Cobbold Road, Woodbridge has seen its estimated sale value move down by £2,758 (3.3%) and its estimated rental value increase by £17 per month (3.6%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
Flat 5, 87, Cobbold Road, Woodbridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Sep 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 5, 87, Cobbold Road, Woodbridge completed on 29th July 2022 at £60,000 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 14.9% over the period since July 2022.
- Sold Jul 2022£60,000
- Sold Feb 1995£21,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, 87, Cobbold Road, Woodbridge have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd November 2019, was Flat 3, 87, Cobbold Road, Woodbridge, IP12 1HA, a leasehold flat which sold for £75,000.
Read more about house prices in IP12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 68 addresses on Cobbold Road, Woodbridge, IP12, Flat 5, 87, Cobbold Road, Woodbridge comes out as the 65th largest and the 59th most expensive in our analysis of the public data.
It is also £328k less expensive than the average property across the IP12 district.
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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 5, 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.
