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According to the public record, Abbey View, Leiston is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,191 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Abbey View, Leiston is £426,103 and the estimated rental value is £1,498 per month.
Rowley Mews, Leiston, IP16 is located in the borough of East Suffolk within the IP16 postal district.
Abbey View, Leiston has a single entry in the Land Registry from July 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Abbey View, Leiston is in very good condition we estimate a sale value of £447,408 and a rental value of £1,573 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £396,276 and a rental value of £1,393 per month.
Over the last 12 months the sale value of Abbey View Leiston has decreased by an estimated £15,884 (3.7%) and its rental value has increased by an estimated £49 per month (3.3%), giving an expected gross yield of 4.2%.
According to HM Land Registry, Abbey View, Leiston was last sold on 1st July 2022 for £475,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2022, the market for similar properties has risen 15.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Abbey View, Leiston within a radius of 1.4 kilometres over the last 2 years.
The most recent example is The Coach House, Rowley Mews, Leiston, IP16 4FJ, a freehold house which sold for £465,000 on the 30th June 2021.
Read more about house prices in IP16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rowley Mews, Leiston, IP16 has a total of 8 addresses. According to our analysis of all the public data, Abbey View, Leiston is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in IP16.
The closest station to Abbey View, Leiston is Saxmundham station which is 5.9 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 Abbey View, Leiston, 41.3% of property is privately owned outright and 32.2% is socially 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 Abbey View, Leiston, 20.8% of residents are recorded as possessing school level qualifications and 26.6% 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 Abbey View, 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 Abbey View, Leiston, 0.4% 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 Abbey View, Leiston, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.