Homelea Park Avenue

    HOMELEA, PARK AVENUE, FORNHAM ST MARTIN, BURY ST EDMUNDS, IP28 6TW

    This detached freehold property on Park Avenue last sold in October 2023 for £307,500. Based on price growth in the IP28 district since then, its estimated current value is £309,734 — placing it in the 51st percentile nationally and the 58th percentile within IP28. The property covers 81 m² (872 sq ft), giving an estimated value of £3,824 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £307,500

    Oct 2023

    Estimated Valuation

    £309,734

    Est. £/sq ft

    £355/sq ft

    £3,824/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageD
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area872 sq ft (81 m²)
    EPC dateMay 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Oct 2023

    £307,500

    Key Metrics

    Estimated valuation£309,734
    Value per sq ft / m²£355/sq ft (£3,824/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP28 district percentile58th percentile
    National percentile51st percentile

    District Context — IP28

    IP28 covers the Brandon and surrounding villages area in west Suffolk, positioned between Norwich and Cambridge. It is a mixed rural and semi-rural district with a blend of agricultural heritage and commuter appeal.

    Average Property Price - IP28

    £314,955

    47

    National percentile

    Average Net Household Income - IP28

    £41,531

    64

    National percentile

    10-Year Annualised Price Growth - IP28

    3.8%

    58

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP28

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