Flat 2, 24 Well Street, Bury St Edmunds, IP33 1EQ is a leasehold flat built before 1900. The property offers approximately 667 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 £112,215 , which equates to approximately £168 per square foot. It was last sold on 27 Jan 2006 for £79,000. Since then, the value has increased by £33,215, representing a 42.0% increase, or approximately 2.1% per year.

The current estimated value of £112,215 is:

  • 72.7% lower than the average property price on Well Street
  • 77.8% lower than the average in the IP33 1EQ postcode area
  • and 67.1% lower than the average price for Bury St. Edmunds as a whole

At the most recent EPC inspection on 14 March 2023, the property was recorded as rented.

View sold house prices in IP33 1EQ

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
667 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£112,215
Price Per sq ft (estimate)
£168
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, 24 Well Street, Bury St Edmunds, St Edmundsbury, Suffolk, IP33 1EQ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 14 Mar 2023.

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

The previous EPC assessment was conducted on 22 Nov 2012, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 25%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from poor to very poor, while the system remained as electric immersion, off-peak.
  • The wall energy efficiency changing from poor to very poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The windows were upgraded from some double glazing to single glazed.
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in 80% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to IP33 1EQ

32 nd / 32
Price Rank
78% lower than average
14 th / 17
Size Rank
51% smaller than average
17 th / 17
Price Per Sq FT Rank
55% lower than average

Compared to other properties in IP33 1EQ , this flat's estimated value ranks 32th out of 32. Based on price per square foot, it ranks 17th out of 17 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 14th out of 17 properties in its postcode area.

Sale History

Today
£112,215
streetscan.co.uk estimate
+42 %
27 Jan 2006
£79,000
Leasehold

Area Insights

Similar Properties Sold Nearby

3, Culwell House, 41 Well Street, Bury St Edmunds, IP33 1EQ
rooms: 2
size: 592 sq ft
sale price: £174,000
sale date: 24 Jan 2022

Data Sources

The property at Flat 2, 24 Well Street, Bury St Edmunds, St Edmundsbury, Suffolk, IP33 1EQ appears once in the Land Registry records, with the transaction recorded on 27 Jan 2006. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Mar 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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