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According to the public record, Mill View, Bungay is a modern freehold house with 1,453 ft2 of internal area and sits on a 744 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Mill View, Bungay is £378,577 and the estimated rental value is £1,336 per month.
Mill Lane, Bedingham, Bungay, NR35 is located in the borough of South Norfolk within the NR35 postal district.
Mill View, Bungay has 31 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated July 2016.
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 Mill View, Bungay is in very good condition we estimate a sale value of £397,506 and a rental value of £1,403 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £352,077 and a rental value of £1,243 per month.
Over the last 12 months the sale value of Mill View Bungay has decreased by an estimated £9,442 (2.5%) and its rental value has increased by an estimated £18 per month (1.3%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, Mill View, Bungay sits on a plot of 744m2.
We have plot size data on 6 out of 10 other houses in the postcode and Mill View, Bungay sits on the 3rd largest plot.
Mill View, Bungay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jul 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Mill View, Bungay was last sold on 20th June 2023 for £380,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2023, the market for similar properties has dropped 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Mill View, Bungay within a radius of 5.4 kilometres over the last 2 years.
The most recent example is 18, Nursery Place, Bungay, NR35 2QD, a freehold house which sold for £515,000 on the 9th October 2023.
Read more about house prices in NR35.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Bedingham, Bungay, NR35 has a total of 10 addresses. According to our analysis of all the public data, Mill View, Bungay is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £76k more expensive than the average property in NR35.
The closest station to Mill View, Bungay is Buckenham station which is 13.4 kilometres away.
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 Mill View, Bungay, 58.2% of property is privately owned outright and 31.9% 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 Mill View, Bungay, 7.2% of residents are recorded as possessing school level qualifications and 41.5% 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 Mill View, Bungay, the average age was 48.2 and the most common age was 57.
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 Mill View, Bungay, 1.0% 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 Mill View, Bungay, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
