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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, Mere Cottage, Leiston is a period house with 1,259 ft2 of internal area and sits on a 704 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 Mere Cottage, Leiston is £704,490 and the estimated rental value is £2,224 per month.
Thorpeness, Leiston, IP16 is located in the borough of East Suffolk within the IP16 postal district.
Mere Cottage, Leiston has no records in the the Land Registry and a single entry in the EPC database dated January 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 Mere Cottage, Leiston is in very good condition we estimate a sale value of £739,715 and a rental value of £2,335 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £655,176 and a rental value of £2,068 per month.
Over the last 12 months the sale value of Mere Cottage Leiston has decreased by an estimated £44,102 (6.3%) and its rental value has increased by an estimated £28 per month (1.3%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, Mere Cottage, Leiston sits on a plot of 704m2.
We have plot size data on 1 out of 3 other houses in the postcode and Mere Cottage, Leiston sits on the largest plot.
Mere Cottage, Leiston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Jan 2013.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, oil.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Mere Cottage, Leiston within a radius of 2.7 kilometres over the last 2 years.
The most recent example is 8, The Haven, Leiston, IP16 4NN, a freehold house which sold for £760,000 on the 22nd November 2024.
Read more about house prices in IP16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thorpeness, Leiston, IP16 has a total of 78 addresses. According to our analysis of all the public data, Mere Cottage, Leiston is the 31st largest and the 8th most expensive property on the street.
When compared to the postcode district it is £340k more expensive than the average property in IP16.
The closest station to Mere Cottage, Leiston is Saxmundham station which is 8.3 kilometres away.
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 Mere Cottage, Leiston, 56.6% of property is privately owned outright and 17.9% 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 Mere Cottage, Leiston, 8.1% of residents are recorded as possessing school level qualifications and 27.3% 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 Mere Cottage, 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 Mere Cottage, Leiston, 1.2% 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 Mere Cottage, Leiston, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
