Flat 2, 12 The Street, Melton, Woodbridge, IP12 1PW is a leasehold flat built between 2007-2011. The property offers approximately 743 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £215,839 , which equates to approximately £291 per square foot. It was last sold on 24 Sep 2014 for £165,000. Since then, the value has increased by £50,839, representing a 30.8% increase, or approximately 2.7% per year.

The current estimated value of £215,839 is:

  • 55.9% lower than the average property price on The Street
  • 32.8% lower than the average in the IP12 1PW postcode area
  • and 53.4% lower than the average price for Woodbridge as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 19 April 2023, the property was recorded as rented.

View sold house prices in IP12 1PW

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
743 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£215,839
Price Per sq ft (estimate)
£291
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, 12 The Street, Melton, Woodbridge, Suffolk Coastal, Suffolk, IP12 1PW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 19 Apr 2023.

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 main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Feb 2011, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 3.7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to solid brick, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, insulated (assumed)
Good
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IP12 1PW

19 th / 20
Price Rank
33% lower than average
6 th / 11
Size Rank
17% smaller than average
9 th / 11
Price Per Sq FT Rank
19% lower than average

Compared to other properties in IP12 1PW , this flat's estimated value ranks 19th out of 20. Based on price per square foot, it ranks 9th out of 11 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 6th out of 11 properties in its postcode area.

Sale History

Today
£215,839
streetscan.co.uk estimate
+31 %
24 Sep 2014
£165,000
Leasehold
+18.7 %
2 Sep 2011
£139,000
Leasehold
-7 %
23 Dec 2009
£149,500
Leasehold

Area Insights

Similar Properties Sold Nearby

6, The Maltings The Street, Laxfield, Woodbridge, IP13 8DZ
rooms: 4
size: 840 sq ft
sale price: £38,000
sale date: 15 Mar 1996

Data Sources

The property at Flat 2, 12 The Street, Melton, Woodbridge, IP12 1PW appears three times in the Land Registry records, with the latest transaction recorded on 24 Sep 2014. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Apr 2023. 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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