The Red House, Woodbridge
The Red House, Woodbridge
Description & Estimates
The Red House, Woodbridge appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 2,960 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of The Red House, Woodbridge is £1,066,166 and its rental estimate is £2,948 per month, given the available information and assuming reasonable condition.
Monewden, Woodbridge, IP13 falls within the IP13 postal district, in the borough of East Suffolk.
Our Data Sources
The Red House, Woodbridge has 21 entries in the Land Registry , most recently in October 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 The Red House, Woodbridge, we estimate a market value of £1,119,474 and a rental value of £3,095 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £991,534 and £2,742 per month respectively.
Recent Market Change
Over the last year, The Red House, Woodbridge has seen its estimated sale value fall by £68,722 (6.4%) and its estimated rental value move up by £45 per month (1.5%). This results in an estimated gross rental yield of 3.3%.
Sold Prices
The most recent sale of The Red House, Woodbridge completed on 14th October 2023 at £1,800,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 5.0% over the period since October 2023.
- Sold Oct 2023£1,800,000
- Sold Jul 2006£720,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to The Red House, Woodbridge have sold within a radius of 5.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th June 2021, was Foxhole Cottage, Birds Lane, Stowmarket, IP14 6HP, a freehold house which sold for £1,286,300.
Read more about house prices in IP13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 32 addresses on Monewden, Woodbridge, IP13, The Red House, Woodbridge comes out as the 4th largest and the most expensive in our analysis of the public data.
It is also £650k more expensive than the average property across the IP13 district.
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Schools Nearby
- 2.7kmCharsfield Church of England Primary School
- 3.4kmOtley Primary School
- 3.9kmHelmingham Primary School and Nursery
- 7.7kmThomas Mills High School & Sixth Form
- 8.2kmDebenham High School
- 8.7kmFarlingaye High School
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Public Transport Nearby
From The Red House, Woodbridge, the nearest station is Melton (Suffolk), 9.4 kilometres away.
- 9.4kmMelton (Suffolk)
- 9.8kmWickham Market
- 10.1kmWoodbridge
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
