Springfield Road, Lower Somersham, Ipswich, Suffolk, IP8
AB

Springfield Road, Lower Somersham, Ipswich, Suffolk, IP8

By Abbotts

£ 290,000

Reviews

3 out of 5 stars

Abbotts says ..

Two Bedroom Semi-detached extended Bungalow - The property occupies an attractive position, located within the heart of this desirable and well served village. The village of Somersham has facilities including well stocked village store and coffee shop, garage serving fuel, primary school and rec...

Property Oracle says ..

Springfield Road, Lower Somersham, Ipswich, Suffolk, IP8 is a 2 bedroom bungalow with 1 bathroom. The property is situated on Springfield Road in Lower Somersham, close to Somersham Primary School (rated ‘Good’ by Ofsted) and approximately 6.44km from Needham Market train station. The bungalow has a list price of £290,000 and a plot size of 910 sqft. The property appears to be well-maintained and in good condition, with a modern kitchen and bathroom. There is also a conservatory and a garden with a shed.

The average house price in the area is £361,481, significantly higher than the list price of this property. However, the average house size is 1,221 sqft, considerably larger than the 626 sqft of this bungalow. The average price per sqft in the area is £296, suggesting that the list price of £290,000 might be reasonable considering the smaller size of the property. Nearby properties on Springfield Road have sold for prices ranging from £40,000 to £450,000, indicating a wide range of values in the area. The presence of a garden adds to the property’s appeal.

Considering all factors, the property seems to offer good value for its size and location, particularly given the proximity to local amenities and schools.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
7
Bedrooms
2
Bathrooms
1
Sqft (est)
626.07
Lot (est)
910.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
397,151.00 £
Increased by 29.46 %
from 306,778.00 £
Est sale value
246,045.51 £
Decreased by 11.29 %
from 277,349.01 £
Average area rental value
1,525.00 £/mo
Increased by 40.17 %
from 1,088.00 £/mo
Est letting value
626.07 £/mo
Unchanged by 0.00 %
from 626.07 £/mo
Est rental Yield
4.61 %
Increased by 8.22 %
from 4.26 %
Crime Rate
115.00 %
Unchanged by 0.00 %
from 115.00 %

Agent Activity

  • Abbotts marked this listing as sold.

  • Abbotts created the listing.

Nearby Schools

NameTypeOfstedDistance
Somersham Primary SchoolCommunity SchoolGood0.46 KM
Elmsett Church Of England Primary SchoolAcademy Converter5.12 KM
Hintlesham And Chattisham Church Of England Primary SchoolAcademy Converter5.16 KM
Bramford Church Of England Voluntary Controlled Primary SchoolVoluntary Controlled SchoolGood6.03 KM
Bosmere Community Primary SchoolAcademy Converter6.16 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Church Close £ 300,00000.00 KM
Lower Road £ 000.00 KM
High Street £ 1,500,00000.00 KM
Ipswich Road £ 950,00000.00 KM
Tye Lane £ 395,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Needham Market7354NMT6.44 KM

Nearby Listings

AddressPriceTypeScoreDistance
Springfield Road, Lower Somersham, Ipswich, Suffolk, IP8 £ 290,000BUY7 / 100.00 KM
Springfield Road, Lower Somersham, Ipswich, Suffolk, IP8 £ 450,000BUY7 / 100.03 KM
Springfield Road, Lower Somersham, Ipswich, Suffolk, IP8 £ 260,000BUY7 / 100.07 KM
Springfield Road, Lower Somersham, IP8 £ 350,000BUY7 / 100.13 KM
Lower Somersham, Ipswich, IP8 £ 600,000BUY7 / 100.13 KM

Nearby Properties

AddressPriceDistance
34 Springfield Road £ 203,0000.00 KM
12 Springfield Road £ 40,0000.00 KM
60 Springfield Road £ 145,0000.00 KM
78 Springfield Road £ 175,0000.00 KM
6 Springfield Road £ 150,0000.00 KM