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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
According to the public record, Flat 2, 63, Crag Path, Aldeburgh is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 854 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 63, Crag Path, Aldeburgh is £494,305 and the estimated rental value is £1,488 per month.
The apartment is within 63, Crag Path, Aldeburgh, IP15.
Crag Path, Aldeburgh, IP15 is located in the borough of East Suffolk within the IP15 postal district.
Flat 2, 63, Crag Path, Aldeburgh has 31 entries in the Land Registry , most recently in January 2020 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 Flat 2, 63, Crag Path, Aldeburgh is in very good condition we estimate a sale value of £519,020 and a rental value of £1,563 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £459,703 and a rental value of £1,384 per month.
Over the last 12 months the sale value of Flat 2 63 Crag Path Aldeburgh has decreased by an estimated £21,866 (4.4%) and its rental value has increased by an estimated £48 per month (3.2%), giving an expected gross yield of 3.6%.
According to HM Land Registry, Flat 2, 63, Crag Path, Aldeburgh was last sold on 7th January 2020 for £560,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since January 2020, the market for similar properties has dropped 50.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 63, Crag Path, Aldeburgh within a radius of 2.0 kilometres over the last 2 years.
The most recent example is Flat 4, Monarch House 5, Hertford Place, Aldeburgh, IP15 5DB, a leasehold flat which sold for £505,000 on the 5th July 2019.
Read more about house prices in IP15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crag Path, Aldeburgh, IP15 has a total of 77 addresses. According to our analysis of all the public data, Flat 2, 63, Crag Path, Aldeburgh is the 53rd largest and the 46th most expensive property on the street.
When compared to the postcode district it is £130k more expensive than the average property in IP15.
The closest station to Flat 2, 63, Crag Path, Aldeburgh is Saxmundham station which is 10.5 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 63, Crag Path, Aldeburgh, 53.2% of property is privately owned outright and 20.3% 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 Flat 2, 63, Crag Path, Aldeburgh, 15.9% of residents are recorded as possessing school level qualifications and 46.8% 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 Flat 2, 63, Crag Path, 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 Flat 2, 63, Crag Path, Aldeburgh, 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 Flat 2, 63, Crag Path, 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.
