8 Tannery Drive, Bury St Edmunds, IP33 2SD is a leasehold flat built between 1991-1995. The property offers approximately 538 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 £178,383 , which equates to approximately £331 per square foot. It was last sold on 18 Dec 2017 for £165,000. Since then, the value has increased by £13,383, representing a 8.1% increase, or approximately 1.0% per year.

The current estimated value of £178,383 is:

  • 37.9% lower than the average property price on Tannery Drive
  • 33.8% lower than the average in the IP33 2SD postcode area
  • and 47.7% lower than the average price for Bury St. Edmunds as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 16 September 2022, the property was recorded as owner-occupied.

View sold house prices in IP33 2SD

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£178,383
Price Per sq ft (estimate)
£331
Bedroom Count (estimate)
1 bedroom

EPC Summary

8 Tannery Drive, Bury St Edmunds, St Edmundsbury, Suffolk, IP33 2SD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Sep 2022.

This property uses electric room 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 28 Apr 2017. The rating of C remains the same, but the energy efficiency score improved by 7.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency improving from very poor to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 57% of fixed outlets to low energy lighting in 78% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 78% of fixed outlets
Very Good

Compared to IP33 2SD

41 st / 53
Price Rank
34% lower than average
32 nd / 46
Size Rank
23% smaller than average
36 th / 46
Price Per Sq FT Rank
15% lower than average

Compared to other properties in IP33 2SD , this flat's estimated value ranks 41th out of 53. Based on price per square foot, it ranks 36th out of 46 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 32th out of 46 properties in its postcode area.

Sale History

Today
£178,383
streetscan.co.uk estimate
+8 %
18 Dec 2017
£165,000
Leasehold
+280.6 %
4 Feb 1997
£43,350
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 538 sq ft
sale price: £185,000
sale date: 10 Apr 2024
rooms: 2
size: 484 sq ft
sale price: £130,000
sale date: 28 Mar 2024
rooms: 4
size: 549 sq ft
sale price: £178,000
sale date: 23 Feb 2023
rooms: 3
size: 527 sq ft
sale price: £205,000
sale date: 16 Dec 2022
rooms: 3
size: 527 sq ft
sale price: £162,000
sale date: 31 Jan 2022

Data Sources

The property at 8 Tannery Drive, Bury St Edmunds, IP33 2SD appears two times in the Land Registry records, with the latest transaction recorded on 18 Dec 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Sep 2022. 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.