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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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Willow Cottage, Bungay appears in the public record as a freehold house sitting on a 3,123 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,563 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of Willow Cottage, Bungay is £753,450 and its rental estimate is £2,251 per month, given the available information and assuming reasonable condition.
Low Road, Mettingham, Bungay, NR35 falls within the NR35 postal district, in the borough of East Suffolk.
Willow Cottage, Bungay has 31 entries in the Land Registry , most recently in June 2018 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.
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 Willow Cottage, Bungay, we estimate a market value of £791,123 and a rental value of £2,364 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £700,709 and £2,093 per month respectively.
Over the last year, Willow Cottage, Bungay has seen its estimated sale value decline by £10,707 (1.4%) and its estimated rental value climb by £61 per month (2.7%). This results in an estimated gross rental yield of 3.6%.
HM Land Registry records the plot of land for Willow Cottage, Bungay as measuring 3,123 m2.
That makes it the 5th largest plot in the postcode, where 8 of the 19 other houses have recorded plot data.
The most recent sale of Willow Cottage, Bungay completed on 28th June 2018 at £427,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 2.4% over the period since June 2018.
Over the past 2 years 3 properties have sold within 1.9 kilometres of Willow Cottage, Bungay, per the Land Registry and our network of Estate Agents.
The latest, on the 21st February 2023, was The Long House, Low Road, Bungay, NR35 1TS, a freehold house which sold for £899,000.
Read more about house prices in NR35.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 32 addresses on Low Road, Mettingham, Bungay, NR35, Willow Cottage, Bungay comes out as the 15th largest and the 6th most expensive in our analysis of the public data.
It is also £448k more expensive than the average property across the NR35 district.
From Willow Cottage, Bungay, the nearest station is Beccles, 6.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Willow Cottage, Bungay, 59.3% of property is privately owned outright and 24.7% 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 Willow Cottage, Bungay, 13.5% of residents are recorded as possessing school level qualifications and 36.4% 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 Willow Cottage, Bungay, the average age was 46.7 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 Willow Cottage, Bungay, 3.7% 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 Willow Cottage, Bungay, 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.
