Old Mill, Aldeburgh
Old Mill, Aldeburgh
Description & Estimates
Old Mill, Aldeburgh is recorded publicly as a period freehold house across 3,164 ft2 of internal area, sitting on a 553 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Old Mill, Aldeburgh is £1,207,723 and its rental estimate is £3,176 per month, given the available information and assuming reasonable condition.
Fort Green, Aldeburgh, IP15 falls within the IP15 postal district, in the borough of East Suffolk.
Our Data Sources
Old Mill, Aldeburgh has a single entry in the Land Registry from June 2016 and a single entry in the EPC database dated August 2014.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Old Mill, Aldeburgh, we estimate a market value of £1,268,109 and a rental value of £3,335 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,123,182 and £2,954 per month respectively.
Recent Market Change
Over the last year, Old Mill, Aldeburgh has seen its estimated sale value move down by £71,493 (5.9%) and its estimated rental value increase by £30 per month (0.9%). This results in an estimated gross rental yield of 3.2%.
Plot Size
HM Land Registry records the plot of land for Old Mill, Aldeburgh as measuring 553 m2.
That makes it the largest plot in the postcode, where all 3 other houses have recorded plot data.
Energy Efficiency
Old Mill, Aldeburgh has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 04 Aug 2014.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, electric.
Sold Prices
The most recent sale of Old Mill, Aldeburgh completed on 29th June 2016 at £950,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 40.2% over the period since June 2016.
- Sold Jun 2016£950,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Old Mill, Aldeburgh have sold within a radius of 2.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th December 2020, was 7, Lee Road, Aldeburgh, IP15 5HG, a freehold house which sold for £1,350,000.
Read more about house prices in IP15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 3 addresses on Fort Green, Aldeburgh, IP15, Old Mill, Aldeburgh comes out as the largest and the most expensive in our analysis of the public data.
It is also £830k more expensive than the average property across the IP15 district.
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Schools Nearby
- 400mAldeburgh Primary School
- 5.5kmColdfair Green Community Primary School
- 6.6kmLeiston Primary School
- 6.4kmAlde Valley Academy
- 20.7kmThomas Mills High School & Sixth Form
- 20.9kmFarlingaye High School
More reading links
Public Transport Nearby
From Old Mill, Aldeburgh, the nearest station is Saxmundham, 10.7 kilometres away.
- 10.7kmSaxmundham
- 13.8kmWickham Market
- 15.0kmDarsham
Risk of Flooding
The flood risk here is rated high, based on Environment Agency data.
