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Property details for 60 Lavenham Way, Stowmarket IP14 2PE

Historic details available for this property Terraced house, Freehold, 1 Bed, 1 Bath, 1 Recep - Edit
Zoopla Estimate: £124,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £124,000
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  • Value change
    4,100 (3.4%) 5,600 (4.7%) 10,550 (9.3%) 19,600 (18.8%) 28,200 (29.5%) 34,700 (38.9%) 36,300 (41.4%)  
    from 
  • Rental value
    £400 pcm
  • Confidence level
    99.5
  • Value range
    £120,000 - £127,000
  • Rental range
    £400 - £450 pcm

Monthly running costs Beta

£454 Monthly total
Remortgage
Property value
Loan amount (60%) 74,400
Repayment term 25
Interest rate 0.5
Your payment £263 /mo Find remortgage deals In partnership with
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Home Insurance Rebuild value up to £600,000 Contents value up to £60,000 Average insurance cost £10/mo (£119/yr)
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Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £27 Electricity £27 Estimated energy cost £54/mo (£647/yr)

Reduce your energy costs by up to £104/year

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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6600 kWh/year
Electricity: 2000 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Mid Suffolk

Estimated tax band A Council tax cost £101 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £10 Sewerage £16 Estimated water cost £26 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Terraced house | Tenure: Freehold | Last sale: £89,995 | Sale date: 19th Oct 2012 - Previous sales
Property type: Terraced house | Tenure: Freehold | Previous sale: £48,500 | Sale date: 11th Dec 2000
Property type: Terraced house | Tenure: Freehold | Previous sale: £37,500 | Sale date: 11th Oct 1999
Property type: Terraced house | Tenure: Freehold | Previous sale: £31,000 | Sale date: 29th Aug 1997
| Currently to rent

This 1 bed freehold terraced house is located at 60 Lavenham Way, Stowmarket IP14 2PE and has an estimated current value of £124,000. Lavenham Way has 78 properties on it with a average current value of £202,211, compared to an an average property value of £280,375 for IP14. There have been 20 property sales on Lavenham Way, IP14 over the last 5 years with an average house price paid of £155,962 and this terraced house was last sold on 19th Oct 2012 for £89,995. There are currently 95 houses and flats to buy in IP14 with an average asking price of £329,691 and 16 homes to rent in IP14 with an average asking rent of £186 pw.

Property history

Property history Lavenham Way, Stowmarket IP14

Previously listed for sale on 16th Nov 2012 for £92,000

1 bed property

Property history of 60 Lavenham Way, Stowmarket IP14 2PE

Paul wright & co are pleased to offer this well presented quarter house situated on the popular Lavenham Park. The accommodation offers sitting/dining room, kitchen, one bedroom, bathroom, UPVC double glazing, garden & parking for two vehicles. Ideal ...

Owner info

As the owner of a home, you may claim it on Zoopla to edit your home facts, set a TemptMe Price and more...

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Market activity
Average price paid £235,914 Sales 611 Current average value £280,375 (Zoopla Zed-Index) Value change £17,773 ▲ 6.77%

What is the current average value of properties in IP14?

The current average value in IP14 in December 2016 is £280,375. This has increased 2.60% from September 2016. Terraced properties sold for a current average value of £194,043 and semi-detached properties valued £226,793. In the past year property prices in IP14 have increased 6.77%. This is according to the current Zoopla estimates.

Property value data/graphs for IP14

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £379,453 £257 3.8 £323,293
Semi-detached £226,793 £254 3.0 £203,425
Terraced £194,043 £238 2.6 £176,440
Flats £130,726 £216 1.7 £110,693

Current asking prices in IP14

Average: £329,690
Avg. current asking prices in IP14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £144,500
(2)
£168,845
(13)
£265,936
(32)
£412,565
(23)
£594,286
(7)
Flats £83,667
(3)
£141,166
(6)
- - -
All £108,000
(5)
£160,104
(19)
£265,936
(32)
£412,565
(23)
£594,286
(7)

Current asking rents in IP14

Average: £733 pcm
Avg. current asking prices in IP14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £668 pcm
(6)
- £849 pcm
(1)
-
Flats £438 pcm
(2)
£615 pcm
(4)
- - -
All £438 pcm
(2)
£647 pcm
(10)
- £849 pcm
(1)
-

Fun facts for IP14

Highest value in IP14
Highest value streets Zed-Index
Buxhall £610,363
Lower Road £592,158
Brown Street £578,798
Wetheringsett £557,560
Great Finborough, Stowmarket IP14 £538,256
Highest turnover in IP14
Highest turnover streets Turnover
Guillemot Close 64.3%
Starling Way 57.9%
Hailes Meadow 57.1%
Thompson Close 52.4%
Brambling Close 50.0%

What Zoopla users think of Stowmarket

Overall rating:

  • currently 4 stars
Very good - 77% (24 ratings)

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Local info for Mid Suffolk

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