7 Lake Avenue

    7, LAKE AVENUE, BURY ST EDMUNDS, IP32 6HX

    This flat/maisonette leasehold property on Lake Avenue last sold in February 2023 for £183,000. Based on price growth in the IP32 district since then, its estimated current value is £181,551 — placing it in the 20th percentile nationally and the 9th percentile within IP32. The property covers 73 m² (786 sq ft), giving an estimated value of £2,487 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    73 m²

    (786 sq ft)

    Last Sale Price

    £183,000

    Feb 2023

    Estimated Valuation

    £181,551

    Est. £/m²

    £2,487/m²

    £231/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area73 m² (786 sq ft)
    EPC dateJun 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Feb 2023

    £183,000

    17 Feb 2000

    £45,000

    Key Metrics

    Estimated valuation£181,551
    Value per m² / sq ft£2,487/m² (£231/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP32 district percentile9th percentile
    National percentile20th 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

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