7, Red House Lane
7, Red House Lane
Description & Estimates
7, Red House Lane, Leiston is described in the public record as a mid-century house with 914 ft2 of internal area, sitting on a 323 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, Red House Lane, Leiston is £235,492 and its rental estimate is £1,208 per month, given the available information and assuming reasonable condition.
Red House Lane, Leiston, IP16 falls within the IP16 postal district, in the borough of East Suffolk.
Our Data Sources
7, Red House Lane, Leiston has no records in the the Land Registry and a single entry in the EPC database dated January 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 7, Red House Lane, Leiston, we estimate a market value of £247,266 and a rental value of £1,269 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £219,007 and £1,124 per month respectively.
Recent Market Change
Over the last year, 7, Red House Lane, Leiston has seen its estimated sale value decline by £8,778 (3.7%) and its estimated rental value climb by £40 per month (3.3%). This results in an estimated gross rental yield of 6.2%.
Plot Size
HM Land Registry records the plot of land for 7, Red House Lane, Leiston as measuring 323 m2.
That makes it the 3rd largest plot in the postcode, where all 7 other houses have recorded plot data.
Energy Efficiency
7, Red House Lane, Leiston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jan 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Red House Lane, Leiston have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th August 2024, was 6, Andrew Close, Leiston, IP16 4LE, a freehold house which sold for £200,000.
Read more about house prices in IP16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 43 addresses on Red House Lane, Leiston, IP16, 7, Red House Lane, Leiston comes out as the 18th largest and the 39th most expensive in our analysis of the public data.
It is also £142k less expensive than the average property across the IP16 district.
More reading links
Schools Nearby
- 500mLeiston Primary School
- 1.7kmColdfair Green Community Primary School
- 5.9kmAldeburgh Primary School
- 400mAlde Valley Academy
- 17.4kmThomas Mills High School & Sixth Form
- 21.9kmFarlingaye High School
More reading links
Public Transport Nearby
From 7, Red House Lane, Leiston, the nearest station is Saxmundham, 6.3 kilometres away.
- 6.3kmSaxmundham
- 8.8kmDarsham
- 13.6kmWickham Market
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
