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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Pyecote, Eye is a modern freehold house with 882 ft2 of internal area and sits on a 1,537 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Pyecote, Eye is £177,083 and the estimated rental value is £879 per month.
Rectory Road, Mellis, Eye, IP23 is located in the borough of Mid Suffolk within the IP23 postal district.
Pyecote, Eye has a single entry in the Land Registry from October 2015 and a single entry in the EPC database dated March 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Pyecote, Eye is in very good condition we estimate a sale value of £185,937 and a rental value of £923 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,687 and a rental value of £817 per month.
Over the last 12 months the sale value of Pyecote Eye has decreased by an estimated £7,668 (4.3%) and its rental value has increased by an estimated £18 per month (2.1%), giving an expected gross yield of 6%.
According to data from HM Land Registry, Pyecote, Eye sits on a plot of 1537m2.
We have plot size data on 2 out of 3 other houses in the postcode and Pyecote, Eye sits on the largest plot.
Pyecote, Eye has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 11 Mar 2015.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Pyecote, Eye was last sold on 29th October 2015 for £129,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2015, the market for similar properties has risen 46.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Pyecote, Eye within a radius of 4.4 kilometres over the last 2 years.
The most recent example is 28, Broadfields Close, Eye, IP23 8HY, a freehold house which sold for £197,000 on the 7th December 2023.
Read more about house prices in IP23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rectory Road, Mellis, Eye, IP23 has a total of 3 addresses. According to our analysis of all the public data, Pyecote, Eye is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £193k less expensive than the average property in IP23.
The closest station to Pyecote, Eye is Diss station which is 6.3 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 Pyecote, Eye, 45.2% of property is privately owned outright and 37.1% 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 Pyecote, Eye, 17.2% of residents are recorded as possessing school level qualifications and 35.4% 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 Pyecote, Eye, the average age was 47.4 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 Pyecote, Eye, 1.1% 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 Pyecote, Eye, 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.
