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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, 8, West Lane, Aldeburgh is a period freehold house with 601 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, West Lane, Aldeburgh is £347,703 and the estimated rental value is £1,274 per month.
West Lane, Aldeburgh, IP15 is located in the borough of East Suffolk within the IP15 postal district.
8, West Lane, Aldeburgh has 2 entries in the Land Registry , most recently in March 2019 and a single entry in the EPC database dated October 2011.
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.
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, West Lane, Aldeburgh is in very good condition we estimate a sale value of £365,088 and a rental value of £1,337 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,364 and a rental value of £1,184 per month.
Over the past 12 months, the estimated sale value of 8, West Lane, Aldeburgh has dropped by £11,403 (3.3%), while its estimated rental value has risen by £48 per month (3.8%). Based on current estimates, the property offers a gross rental yield of 4.4%.
8, West Lane, Aldeburgh has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 12 Oct 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, 8, West Lane, Aldeburgh was last sold on 18th March 2019 for £315,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2019, the market for similar properties has dropped by 34.2%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, West Lane, Aldeburgh within a radius of 1.7 kilometres over the last 2 years.
The most recent example is 115C, High Street, Aldeburgh, IP15 5AR, a freehold house which sold for £375,000 on the 14th June 2024.
Read more about house prices in IP15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Lane, Aldeburgh, IP15 has a total of 5 addresses. According to our analysis of all the public data, 8, West Lane, Aldeburgh is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in IP15.
The closest station to 8, West Lane, Aldeburgh is Saxmundham station, which is 10.3 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 8, West Lane, Aldeburgh, 59.2% of property is privately owned outright and 25.0% is privately rented.
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, West Lane, Aldeburgh, 4.8% of residents are recorded as possessing school level qualifications and 47.5% 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, West Lane, Aldeburgh, 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, West Lane, Aldeburgh, 1.6% 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, West Lane, Aldeburgh, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
