1 Cherry Ground Cottage, Ipswich
1 Cherry Ground Cottage, Ipswich
Description & Estimates
The public record lists 1 Cherry Ground Cottage, Ipswich as a freehold house.
Comparison with its neighbours suggests a modern house with 1,522 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
1 Cherry Ground Cottage, Ipswich has an estimated sale value of £683,792 and an estimated rental value of £1,914 per month, assuming reasonable condition and based on the information available.
Chattisham, Ipswich, IP8 lies in the borough of Babergh, within the IP8 postal district.
Our Data Sources
1 Cherry Ground Cottage, Ipswich has 21 entries in the Land Registry , most recently in December 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1 Cherry Ground Cottage, Ipswich would be worth £717,981, with a potential rental value of £2,010 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £635,926, with a rental value of £1,780 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1 Cherry Ground Cottage, Ipswich has declined by £25,731 (3.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £54 (2.8%). The property's estimated gross yield is currently 3.4%.
Sold Prices
1 Cherry Ground Cottage, Ipswich last changed hands on 14th December 2007, selling for £295,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 31.0% since December 2007.
- Sold Dec 2007£295,000
- Sold Sep 1998£72,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.0 kilometres of 1 Cherry Ground Cottage, Ipswich across the last 2 years.
Most recently, 5, School Hill, Ipswich, IP8 3HY, a freehold house, sold at £790,000 on the 7th December 2022.
Read more about house prices in IP8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1 Cherry Ground Cottage, Ipswich as the 37th largest and the 14th most expensive of the 47 addresses on Chattisham, Ipswich, IP8.
Against the IP8 postcode district average, it is £354k more expensive than the typical property.
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Schools Nearby
- 1.2kmHintlesham and Chattisham Church of England Primary School
- 2.0kmCopdock Primary School
- 2.9kmSproughton Church of England Primary School
- 4.5kmChantry Academy
- 5.0kmWestbourne Academy
- 5.9kmStoke High School - Ormiston Academy
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Public Transport Nearby
Ipswich station is the nearest stop to 1 Cherry Ground Cottage, Ipswich at 5.5 kilometres away.
- 5.5kmIpswich
- 8.0kmWesterfield
- 8.2kmDerby Road (Ipswich)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
