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South Cottage, Eye is described in the public record as a period house with 731 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of South Cottage, Eye is £349,809 and its rental estimate is £1,227 per month, given the available information and assuming reasonable condition.
Denham Corner, Denham, Eye, IP21 falls within the IP21 postal district, in the borough of Mid Suffolk.
South Cottage, Eye has no records in the the Land Registry and a single entry in the EPC database dated January 2017.
We combine this information with public data 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.
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 South Cottage, Eye, we estimate a market value of £367,300 and a rental value of £1,289 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £325,323 and £1,141 per month respectively.
Over the last year, South Cottage, Eye has seen its estimated sale value fall by £8,166 (2.3%) and its estimated rental value move up by £34 per month (2.8%). This results in an estimated gross rental yield of 4.2%.
South Cottage, Eye has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 12 Jan 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Over the past 2 years 3 properties similar to South Cottage, Eye have sold within a radius of 4.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th June 2024, was Silk Purse Cottage, Doctors Lane, Eye, IP21 5HU, a freehold house which sold for £312,000.
Read more about house prices in IP21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 7 addresses on Denham Corner, Denham, Eye, IP21, South Cottage, Eye comes out as the 7th largest and the 6th most expensive in our analysis of the public data.
It is also £16k less expensive than the average property across the IP21 district.
From South Cottage, Eye, the nearest station is Diss, 9.5 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around South Cottage, Eye, 56.6% of property is privately owned outright and 20.2% 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 South Cottage, Eye, 12.6% of residents are recorded as possessing school level qualifications and 35.1% 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 South Cottage, 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 South Cottage, Eye, 2.9% 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 South Cottage, 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.