2, Chapel Road
2, Chapel Road
Description & Estimates
2, Chapel Road, Saxmundham is recorded publicly as a mid-century freehold house across 1,147 ft2 of internal area, sitting on a 1,042 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Chapel Road, Saxmundham is £409,005 and its rental estimate is £1,569 per month, given the available information and assuming reasonable condition.
Chapel Road, Rendham, Saxmundham, IP17 falls within the IP17 postal district, in the borough of East Suffolk.
Our Data Sources
2, Chapel Road, Saxmundham has a single entry in the Land Registry from September 2011 and a single entry in the EPC database dated April 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2, Chapel Road, Saxmundham, we estimate a market value of £429,455 and a rental value of £1,647 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £380,375 and £1,459 per month respectively.
Recent Market Change
Over the last year, 2, Chapel Road, Saxmundham has seen its estimated sale value decline by £17,786 (4.3%) and its estimated rental value climb by £46 per month (2.9%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for 2, Chapel Road, Saxmundham as measuring 1,042 m2.
That makes it the 3rd largest plot in the postcode, where 6 of the 7 other houses have recorded plot data.
Energy Efficiency
2, Chapel Road, Saxmundham has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 30 Apr 2011.
The property is not connected to mains gas and has partial double glazing. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 2, Chapel Road, Saxmundham completed on 2nd September 2011 at £249,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 59.7% over the period since September 2011.
- Sold Sep 2011£249,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Chapel Road, Saxmundham have sold within a radius of 3.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st February 2018, was 4, Chapel Road, Saxmundham, IP17 2BX, a freehold house which sold for £325,000.
Read more about house prices in IP17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 28 addresses on Chapel Road, Rendham, Saxmundham, IP17, 2, Chapel Road, Saxmundham comes out as the 5th largest and the 3rd most expensive in our analysis of the public data.
It is also £54k more expensive than the average property across the IP17 district.
More reading links
Schools Nearby
- 3.5kmSaxmundham Primary School
- 3.8kmKelsale Church of England Voluntary Controlled Primary School
- 4.8kmBenhall St Mary's Church of England Primary School
- 7.4kmThomas Mills High School & Sixth Form
- 10.5kmAlde Valley Academy
- 14.6kmStradbroke High School
More reading links
Public Transport Nearby
From 2, Chapel Road, Saxmundham, the nearest station is Saxmundham, 4.0 kilometres away.
- 4.0kmSaxmundham
- 7.5kmDarsham
- 9.2kmWickham Market
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
