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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
Public records show 8, Summerhill Green, Leiston to be a modern freehold house with 1,528 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
8, Summerhill Green, Leiston has an estimated sale value of £360,313 and an estimated rental value of £1,516 per month, assuming reasonable condition and based on the information available.
Summerhill Green, Leiston, IP16 lies in the borough of East Suffolk, within the IP16 postal district.
8, Summerhill Green, Leiston has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate 8, Summerhill Green, Leiston would be worth £378,328, with a potential rental value of £1,592 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £335,091, with a rental value of £1,410 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 8, Summerhill Green, Leiston has decreased by £18,839 (5.2%) over the last year. During the same period, its estimated monthly rental value has grown by £25 (1.7%). The property's estimated gross yield is currently 5.0%.
8, Summerhill Green, Leiston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Aug 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
8, Summerhill Green, Leiston last changed hands on 31st August 2022, selling for £400,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 12.0% since August 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.4 kilometres of 8, Summerhill Green, Leiston across the last 2 years.
Most recently, 2, Summerhill Green, Leiston, IP16 4WY, a freehold house, sold at £392,000 on the 30th September 2022.
Read more about house prices in IP16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 8, Summerhill Green, Leiston as the 2nd largest and the most expensive of the 12 addresses on Summerhill Green, Leiston, IP16.
Against the IP16 postcode district average, it is £18k less expensive than the typical property.
Saxmundham station is the nearest stop to 8, Summerhill Green, Leiston at 4.8 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Summerhill Green, Leiston, 46.0% of property is privately owned outright and 25.4% 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 8, Summerhill Green, Leiston, 9.9% of residents are recorded as possessing school level qualifications and 30.9% 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 8, Summerhill Green, Leiston, the average age was 48.7 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 8, Summerhill Green, Leiston, 0.0% 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 8, Summerhill Green, Leiston, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
