8, Oak Close
8, Oak Close
Description & Estimates
According to the public record, 8, Oak Close, Saxmundham is a modern freehold house with 1,550 ft2 of internal area and sits on a 631 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 8, Oak Close, Saxmundham is £529,596 and the estimated rental value is £1,695 per month.
Oak Close, Saxmundham, IP17 is located in the borough of East Suffolk within the IP17 postal district.
Our Data Sources
8, Oak Close, Saxmundham has a single entry in the Land Registry from February 2020 and a single entry in the EPC database dated December 2019.
We combine this information with that 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
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 8, Oak Close, Saxmundham is in very good condition we estimate a sale value of £556,076 and a rental value of £1,779 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £492,524 and a rental value of £1,576 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Oak Close, Saxmundham has decreased by £28,310 (5.3%), while its estimated rental value has grown by £35 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 3.8%.
Plot Size
According to data from HM Land Registry, 8, Oak Close, Saxmundham sits on a plot of 631 m2.
We have plot size data on 13 out of 25 other houses in the postcode and 8, Oak Close, Saxmundham sits on the 3rd largest plot.
Energy Efficiency
8, Oak Close, Saxmundham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Dec 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 8, Oak Close, Saxmundham was last sold on 27th February 2020 for £449,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2020, the market for similar properties has risen by 43.3%.
- Sold Feb 2020£449,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Oak Close, Saxmundham within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 4, Beech Road, Saxmundham, IP17 1FP, a freehold house which sold for £465,000 on the 18th December 2020.
Read more about house prices in IP17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Oak Close, Saxmundham, IP17 has a total of 35 addresses. According to our analysis of all the public data, 8, Oak Close, Saxmundham is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £175k more expensive than the average property in IP17.
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Schools Nearby
- 800mSaxmundham Primary School
- 900mKelsale Church of England Voluntary Controlled Primary School
- 2.2kmBenhall St Mary's Church of England Primary School
- 6.3kmAlde Valley Academy
- 11.5kmThomas Mills High School & Sixth Form
- 18.5kmFarlingaye High School
More reading links
Public Transport Nearby
The closest station to 8, Oak Close, Saxmundham is Saxmundham station, which is 600 metres away.
- 600mSaxmundham
- 6.4kmDarsham
- 10.0kmWickham Market
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
