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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, Redmill, Eye is a modern freehold house with 1,625 ft2 of internal area and sits on a 1,964 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 Redmill, Eye is £454,949 and the estimated rental value is £1,363 per month.
Mill Road, Redlingfield, Eye, IP23 is located in the borough of Mid Suffolk within the IP23 postal district.
Redmill, Eye has 31 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 Redmill, Eye is in very good condition we estimate a sale value of £477,696 and a rental value of £1,431 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £423,102 and a rental value of £1,268 per month.
Over the last 12 months the sale value of Redmill Eye has decreased by an estimated £18,027 (4.0%) and its rental value has increased by an estimated £28 per month (2.1%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, Redmill, Eye sits on a plot of 1964m2.
We have plot size data on 6 out of 15 other houses in the postcode and Redmill, Eye sits on the 4th largest plot.
Redmill, Eye has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Nov 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
According to HM Land Registry, Redmill, Eye was last sold on 18th July 2023 for £580,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since July 2023, the market for similar properties has risen 20.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Redmill, Eye within a radius of 4.9 kilometres over the last 2 years.
The most recent example is Benningham Green Farm, Eye, IP23 7PJ, a freehold house which sold for £300,000 on the 30th August 2019.
Read more about house prices in IP23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Road, Redlingfield, Eye, IP23 has a total of 15 addresses. According to our analysis of all the public data, Redmill, Eye is the 8th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £85k more expensive than the average property in IP23.
The closest station to Redmill, Eye is Diss station which is 10.1 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
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 Redmill, Eye, 50.0% of property is privately owned outright and 26.5% 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 Redmill, Eye, 15.9% of residents are recorded as possessing school level qualifications and 30.3% 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 Redmill, Eye, the average age was 48.4 and the most common age was 72.
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 Redmill, Eye, 0.0% 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 Redmill, Eye, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
