Detached

OLD SCHOOL COURT 2 WIX ROAD

RAMSEY, HARWICH, TENDRING, ESSEX, CO12 5FR

£350,000

Location

CO12 5FR

Property details

Tenure

Freehold

Property type

Detached

Last sold

£350,000 Mar 2026

Local average

£367,416 (27 sales)

EPC Rating & Upgrade Cost

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Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 02/03/2026 £350,000 Detached — £350,000 to March 2026 View transaction

Historic listings

Checking public listings for past sale and let events matched to this address. Refresh in a few minutes.

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
OLD SCHOOL COURT 1 WIX ROAD, RAMSEY, HARWICH, TENDRING, ESSEX, CO12 5FR £525,000 01/12/2023 Detached
OLD SCHOOL COURT 7 WIX ROAD, RAMSEY, HARWICH, TENDRING, ESSEX, CO12 5FR £500,000 27/10/2023 Detached

Area average: £512,500 (2 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 11%
10y growth 54.6%

House Price Index (HM Land Registry — official index, not sold-price averages): East of England. Series: Detached. As of March 2026.

1y (index) 2%
5y (index) 13.5%
10y (index) 32.9%

Rental Range

Estimated market rent for East of England. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,150/mo
Realistic £1,278/mo
Optimistic £1,406/mo

Based on Postcode area CO → East of England.

LHA (30th percentile) floor for Ipswich: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title Rent Beds As seen on
2 Bed Bungalow, Lodge Close, CO12 £1,050/mo 2 OpenRent
3 Bed Detached House, Church Hill, CO12 £1,525/mo 3 OpenRent
4 Bed Detached House, Paddocks Lane, CO12 £1,750/mo 4 OpenRent

Average rent: £1,442/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.44%
Max investor price (0.8%) £190,625
Target investor price (1%) £152,500
Gross yield 5.2%
Cost-to-rent ratio 19.1×
Monthly cashflow £-31/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -0.4%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Flood zone data is not yet available for this property.

Street-level crime

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FENSA

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