40 Merchant Avenue

    40, MERCHANT AVENUE, BURY ST EDMUNDS, IP32 6FB

    This detached freehold property on Merchant Avenue last sold in November 2020 for £349,950. Based on price growth in the IP32 district since then, its estimated current value is £369,764 — placing it in the 63rd percentile nationally and the 71st percentile within IP32. The property covers 116 m² (1,249 sq ft), giving an estimated value of £3,188 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    116 m²

    (1,249 sq ft)

    Last Sale Price

    £349,950

    Nov 2020

    Estimated Valuation

    £369,764

    Est. £/m²

    £3,188/m²

    £296/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formSemi-Detached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area116 m² (1,249 sq ft)
    EPC dateFeb 2020
    WallsAverage thermal transmittance 0.20 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Nov 2020

    New build

    £349,950

    Key Metrics

    Estimated valuation£369,764
    Value per m² / sq ft£3,188/m² (£296/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP32 district percentile71st percentile
    National percentile63rd percentile

    District Context — IP32

    IP32 covers central Suffolk, including the market town of Bury St Edmunds and surrounding rural villages. The district offers a blend of historic market-town character and quieter countryside appeal.

    Average Property Price - IP32

    £305,488

    43

    National percentile

    Average Net Household Income - IP32

    £42,246

    67

    National percentile

    10-Year Annualised Price Growth - IP32

    2.9%

    25

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP32

    More properties in IP32

    Explore nearby