Flat 4, Suffolk House Smyth Close, Peasenhall, Saxmundham, IP17 2HE is a leasehold flat built between 2007-2011. The property offers approximately 732 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 £211,487 , which equates to approximately £289 per square foot. It was last sold on 13 Jun 2022 for £220,000. Since then, the value has decreased by £8,513, representing a 3.9% decrease, or approximately 1.1% per year.

The current estimated value of £211,487 is:

  • 40.4% lower than the average property price on Smyth Close
  • 43.0% lower than the average in the IP17 2HE postcode area
  • and 33.0% lower than the average price for Saxmundham 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 22 March 2022, the property was recorded as owner-occupied.

View sold house prices in IP17 2HE

Building approximate location

About Property

Type
Terraced House
Built
2007-2011
Interior Size
732 sq ft
Tenure
Leasehold
Price (estimate)
£211,487
Price Per sq ft (estimate)
£289
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 4, Suffolk House Smyth Close, Peasenhall, Saxmundham, Suffolk Coastal, Suffolk, IP17 2HE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 22 Mar 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 22 May 2011, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 12%.

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 changing from average to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 250 mm loft insulation, changing energy efficiency from very good to good.
  • The lighting was updated from low energy lighting in 42% of fixed outlets to low energy lighting in 83% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to IP17 2HE

20 th / 24
Price Rank
43% lower than average
13 th / 20
Size Rank
40% smaller than average
16 th / 20
Price Per Sq FT Rank
5% lower than average

Compared to other properties in IP17 2HE , this house's estimated value ranks 20th out of 24. Based on price per square foot, it ranks 16th out of 20 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 13th out of 20 properties in its postcode area.

Sale History

Today
£211,487
streetscan.co.uk estimate
-4 %
13 Jun 2022
£220,000
Leasehold
+63 %
15 Mar 2013
£135,000
Leasehold
+22.7 %
20 May 2011
£110,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 678 sq ft
sale price: £182,500
sale date: 3 Dec 2020
rooms: 3
size: 635 sq ft
sale price: £175,000
sale date: 13 Feb 2020
rooms: 3
size: 678 sq ft
sale price: £138,000
sale date: 30 Jun 2014
rooms: 3
size: 657 sq ft
sale price: £62,500
sale date: 28 Jul 2006

Data Sources

The property at Flat 4, Suffolk House Smyth Close, Peasenhall, Saxmundham, IP17 2HE appears three times in the Land Registry records, with the latest transaction recorded on 13 Jun 2022. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Mar 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.


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