Flat 6, 7
Flat 6, 7
Description & Estimates
Flat 6, 7, Gobbitts Yard, Woodbridge is recorded publicly as a modern leasehold apartment across 957 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 6, 7, Gobbitts Yard, Woodbridge is £230,901 and its rental estimate is £1,148 per month, given the available information and assuming reasonable condition.
7, Gobbitts Yard is a residential building on Gobbitts Yard, Woodbridge, IP12 and falls within the IP12 postal district and the borough of East Suffolk.
Our Data Sources
Flat 6, 7, Gobbitts Yard, Woodbridge has 31 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 6, 7, Gobbitts Yard, Woodbridge, we estimate a market value of £242,446 and a rental value of £1,205 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £214,738 and £1,068 per month respectively.
Recent Market Change
Over the last year, Flat 6, 7, Gobbitts Yard, Woodbridge has seen its estimated sale value move down by £9,165 (4.0%) and its estimated rental value increase by £29 per month (2.5%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
Flat 6, 7, Gobbitts Yard, Woodbridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 6, 7, Gobbitts Yard, Woodbridge completed on 14th April 2022 at £172,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 23.0% over the period since April 2022.
- Sold Apr 2022£172,000
- Sold Sep 1997£59,990
- Sold Mar 1996£58,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 6, 7, Gobbitts Yard, Woodbridge have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th September 2024, was 57A, Thoroughfare, Woodbridge, IP12 1AH, a leasehold flat which sold for £290,000.
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 14 addresses on Gobbitts Yard, Woodbridge, IP12, Flat 6, 7, Gobbitts Yard, Woodbridge comes out as the 3rd largest and the 4th most expensive in our analysis of the public data.
It is also £181k less expensive than the average property across the IP12 district.
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Schools Nearby
- 600mWoodbridge Primary School
- 800mSt Mary's Church of England Primary School, Woodbridge
- 1.4kmKyson Primary School
- 1.3kmFarlingaye High School
- 5.8kmKesgrave High School
- 8.7kmSt Alban's Catholic High School
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Public Transport Nearby
From Flat 6, 7, Gobbitts Yard, Woodbridge, the nearest station is Woodbridge, 300 metres away.
- 300mWoodbridge
- 1.9kmMelton (Suffolk)
- 8.5kmWickham 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.
