2 Old Foundry Place, Leiston, IP16 4XE is a leasehold flat built between 1976-1982. The property offers approximately 431 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £57,060 , which equates to approximately £133 per square foot. It was last sold on 16 Oct 1996 for £12,000. Since then, the value has increased by £45,060, representing a 375.5% increase, or approximately 12.9% per year.

The current estimated value of £57,060 is:

  • 59.2% lower than the average property price on Old Foundry Place
  • 57.1% lower than the average in the IP16 4XE postcode area
  • and 77.8% lower than the average price for Leiston as a whole

View sold house prices in IP16 4XE

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
431 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£57,060
Price Per sq ft (estimate)
£133
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Old Foundry Place, Leiston, Suffolk Coastal, Suffolk, IP16 4XE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 23 Jun 2014.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are single glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 40% of fixed outlets
Average

Compared to IP16 4XE

40 th / 41
Price Rank
57% lower than average
21 st / 34
Size Rank
11% smaller than average
34 th / 34
Price Per Sq FT Rank
52% lower than average

Compared to other properties in IP16 4XE , this flat's estimated value ranks 40th out of 41. Based on price per square foot, it ranks 34th out of 34 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 21th out of 34 properties in its postcode area.

Sale History

Today
£57,060
streetscan.co.uk estimate
+376 %
16 Oct 1996
£12,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 474 sq ft
sale price: £90,000
sale date: 27 Jun 2024
rooms: 2
size: 422 sq ft
sale price: £75,000
sale date: 21 Sep 2018
rooms: 2
size: 366 sq ft
sale price: £75,000
sale date: 30 Mar 2016
rooms: 2
size: 366 sq ft
sale price: £60,000
sale date: 20 Mar 2014
rooms: 2
size: 484 sq ft
sale price: £77,500
sale date: 23 Oct 2009

Data Sources

The property at 2 Old Foundry Place, Leiston, Suffolk Coastal, Suffolk, IP16 4XE appears once in the Land Registry records, with the transaction recorded on 16 Oct 1996. It also has a single Energy Performance Certificate (EPC) from 23 Jun 2014. 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.