16 Spencer Road, Rendlesham, Woodbridge, IP12 2TJ is a leasehold flat built between 1976-1982. The property offers approximately 840 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £137,244 , which equates to approximately £164 per square foot. It was last sold on 29 Mar 2016 for £115,000. Since then, the value has increased by £22,244, representing a 19.3% increase, or approximately 2.0% per year.

The current estimated value of £137,244 is:

  • 18.3% lower than the average property price on Spencer Road
  • 18.1% lower than the average in the IP12 2TJ postcode area
  • and 69.8% lower than the average price for Woodbridge as a whole

At the most recent EPC inspection on 29 September 2020, the property was recorded as rented.

View sold house prices in IP12 2TJ

Building approximate location

About Property

Type
Semi-Detached House
Built
1976-1982
Interior Size
840 sq ft
Tenure
Leasehold
Price (estimate)
£137,244
Price Per sq ft (estimate)
£164
Bedroom Count (estimate)
2 bedrooms

EPC Summary

16 Spencer Road, Rendlesham, Woodbridge, Suffolk Coastal, Suffolk, IP12 2TJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 29 Sep 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Oct 2010. The rating of D is unchanged, though the energy efficiency score decreased by 12.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to electric storage heaters, electric storage heaters, improving energy efficiency from poor to average.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 75 mm loft insulation, changing energy efficiency from good to average.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 80% of fixed outlets to low energy lighting in 22% of fixed outlets, with efficiency changing from very good to poor.
Heating Type
Electric storage heaters, Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 22% of fixed outlets
Poor

Compared to IP12 2TJ

26 th / 38
Price Rank
18% lower than average
26 th / 28
Size Rank
12% smaller than average
21 st / 28
Price Per Sq FT Rank
7% lower than average

Compared to other properties in IP12 2TJ , this house's estimated value ranks 26th out of 38. Based on price per square foot, it ranks 21th out of 28 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 26th out of 28 properties in its postcode area.

Sale History

Today
£137,244
streetscan.co.uk estimate
+19 %
29 Mar 2016
£115,000
Leasehold
+42 %
3 May 2005
£81,000
Leasehold
+272.4 %
23 Feb 1996
£21,750
Leasehold

Area Insights

Similar Properties Sold Nearby

41 Spencer Road, Rendlesham, Woodbridge, IP12 2TJ
rooms: 4
size: 893 sq ft
sale price: £175,000
sale date: 29 Sep 2022
40 Spencer Road, Rendlesham, Woodbridge, IP12 2TJ
rooms: 5
size: 872 sq ft
sale price: £157,000
sale date: 8 Aug 2022
36 Spencer Road, Rendlesham, Woodbridge, IP12 2TJ
rooms: 3
size: 893 sq ft
sale price: £175,000
sale date: 27 May 2022
35 Spencer Road, Rendlesham, Woodbridge, IP12 2TJ
rooms: 4
size: 861 sq ft
sale price: £136,500
sale date: 26 Jan 2018
49 Spencer Road, Rendlesham, Woodbridge, IP12 2TJ
rooms: 4
size: 860 sq ft
sale price: £130,000
sale date: 7 Apr 2017

Data Sources

The property at 16 Spencer Road, Rendlesham, Woodbridge, IP12 2TJ appears three times in the Land Registry records, with the latest transaction recorded on 29 Mar 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Sep 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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