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According to the public record, 2, Cherry Lee Close, Saxmundham is a modern house with 2,658 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cherry Lee Close, Saxmundham is £854,734 and the estimated rental value is £2,192 per month.
Cherry Lee Close, Westleton, Saxmundham, IP17 is located in the borough of East Suffolk within the IP17 postal district.
2, Cherry Lee Close, Saxmundham has no records in the the Land Registry and a single entry in the EPC database dated November 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Cherry Lee Close, Saxmundham is in very good condition we estimate a sale value of £897,471 and a rental value of £2,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £794,903 and a rental value of £2,038 per month.
Over the last 12 months the sale value of 2 Cherry Lee Close Saxmundham has decreased by an estimated £48,510 (5.7%) and its rental value has increased by an estimated £41 per month (1.9%), giving an expected gross yield of 3.1%.
2, Cherry Lee Close, Saxmundham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Nov 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators and underfloor, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cherry Lee Close, Saxmundham within a radius of 5.9 kilometres over the last 2 years.
The most recent example is 2, Clematis Close, Saxmundham, IP17 3BN, a freehold house which sold for £851,000 on the 10th September 2021.
Read more about house prices in IP17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Lee Close, Westleton, Saxmundham, IP17 has a total of 15 addresses. According to our analysis of all the public data, 2, Cherry Lee Close, Saxmundham is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £511k more expensive than the average property in IP17.
The closest station to 2, Cherry Lee Close, Saxmundham is Darsham station which is 3.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Cherry Lee Close, Saxmundham, 72.8% of property is privately owned outright and 14.4% 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 2, Cherry Lee Close, Saxmundham, 5.1% of residents are recorded as possessing school level qualifications and 45.1% 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 2, Cherry Lee Close, Saxmundham, the average age was 51.8 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 2, Cherry Lee Close, Saxmundham, 3.2% 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 2, Cherry Lee Close, Saxmundham, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.