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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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According to the public record, 2, Studio Close, Saxmundham is a modern freehold house with 1,915 ft2 of internal area and sits on a 1,753 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Studio Close, Saxmundham is £671,966 and the estimated rental value is £1,713 per month.
Studio Close, Westleton, Saxmundham, IP17 is located in the borough of East Suffolk within the IP17 postal district.
2, Studio Close, Saxmundham has 41 entries in the Land Registry , most recently in September 2012 and a single entry in the EPC database dated July 2020.
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.
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, Studio Close, Saxmundham is in very good condition we estimate a sale value of £705,564 and a rental value of £1,799 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £624,928 and a rental value of £1,593 per month.
Over the last 12 months the sale value of 2 Studio Close Saxmundham has decreased by an estimated £32,386 (4.8%) and its rental value has increased by an estimated £27 per month (1.6%), giving an expected gross yield of 3.1%.
According to data from HM Land Registry, 2, Studio Close, Saxmundham sits on a plot of 1753m2.
We have plot size data on 6 out of 6 other houses in the postcode and 2, Studio Close, Saxmundham sits on the 2nd largest plot.
2, Studio Close, Saxmundham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Jul 2020.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 2, Studio Close, Saxmundham was last sold on 13th September 2012 for £390,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since September 2012, the market for similar properties has risen 43.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Studio Close, Saxmundham within a radius of 6.1 kilometres over the last 2 years.
The most recent example is Quines, Dunwich Road, Saxmundham, IP17 3AX, a freehold house which sold for £820,000 on the 11th October 2024.
Read more about house prices in IP17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Studio Close, Westleton, Saxmundham, IP17 has a total of 6 addresses. According to our analysis of all the public data, 2, Studio Close, Saxmundham is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £329k more expensive than the average property in IP17.
The closest station to 2, Studio Close, Saxmundham is Darsham station which is 3.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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, Studio 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, Studio 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, Studio 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, Studio 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, Studio 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.
