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3 Princes Street is a residential building situated on Princes Street, Ipswich, IP1 with 3 addresses.
It ranks as the 208th largest and 357th most expensive of the 525 buildings in the IP1 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 3 properties: 3 flats.
3 Princes Street is a residential building situated on Princes Street, Ipswich, IP1 with 3 addresses.
It ranks as the 208th largest and 357th most expensive of the 525 buildings in the IP1 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 3 properties: 3 flats.
Sale prices range from £119,441 for 2 bedroom leasehold flats (602 ft2) to £140,964 for 2 bedroom leasehold flats with a garden (884 ft2) .
Monthly rental prices range from £784 pcm for 2 bed flats to £868 pcm for 2 bed flats.
The gross rental yield is between 7.4% and 7.9%.
The average value per square foot is £169.
The last sale in 3 Princes Street sold for £45,000 on 20th October 2011. Since then prices are up an average of 46.2%.
The current average value in the building is £131,667.
The 3 Princes Street Sales Market has increased by 17.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.5% | £131,667 |
| May 2025 | -1.6% | £135,041 |
| May 2024 | -2.1% | £137,185 |
| May 2023 | 2.1% | £140,135 |
| May 2022 | 7.4% | £137,260 |
| May 2021 | 2.7% | £127,753 |
| May 2020 | 0.7% | £124,418 |
| May 2019 | 0.8% | £123,591 |
| May 2018 | 5.4% | £122,642 |
| May 2017 | 4.2% | £116,397 |
| May 2016 | 7% | £111,747 |
| May 2015 | 4.9% | £104,471 |
| May 2014 | 7.5% | £99,630 |
| May 2013 | 2.8% | £92,657 |
| May 2012 | 0.6% | £90,114 |
| May 2011 | -1.6% | £89,605 |
| May 2010 | 5.9% | £91,051 |
| May 2009 | -16.8% | £86,000 |
| May 2008 | -4.6% | £103,361 |
| May 2007 | 0% | £108,362 |
The current average rental value in the building is £830.
The 3 Princes Street Rental Market has increased by 43.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.2% | £830pcm |
| May 2025 | 4.1% | £804pcm |
| May 2024 | 8.7% | £773pcm |
| May 2023 | 7.2% | £711pcm |
| May 2022 | 7.6% | £663pcm |
| May 2021 | 2.5% | £616pcm |
| May 2020 | 0.9% | £601pcm |
| May 2019 | 0.7% | £596pcm |
| May 2018 | 1.4% | £592pcm |
| May 2017 | 0.8% | £583pcm |
| May 2016 | 4.3% | £579pcm |
| May 2015 | 1.7% | £555pcm |
| May 2014 | 3.2% | £545pcm |
| May 2013 | 1.7% | £529pcm |
| May 2012 | 1.9% | £520pcm |
| May 2011 | 2.9% | £510pcm |
| May 2010 | 1.4% | £496pcm |
| May 2009 | -11.3% | £489pcm |
| May 2008 | 0.9% | £551pcm |
| May 2007 | 0% | £546pcm |
The last sale was on 20th October 2011 for £45,000 and since then the market in the area has increased by 46.2%. The building has had a total of 9 sales since 1995.
3, Princes Street, Ipswich, IP1 1PN has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 3, Princes Street, Ipswich, IP1 1PN is Ipswich station which is 900 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Princes Street, Ipswich, IP1 1PN, 71.5% of property is privately rented and 15.4% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Princes Street, Ipswich, IP1 1PN, 11.7% of residents are recorded as possessing school level qualifications and 44.4% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Princes Street, Ipswich, IP1 1PN, the average age was 36.3 and the most common age was 27.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Princes Street, Ipswich, IP1 1PN, 2.4% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Princes Street, Ipswich, IP1 1PN, there are an average of 0.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.