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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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1, Cherry Lane Gardens, Ipswich is recorded publicly as a modern freehold house across 1,162 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Cherry Lane Gardens, Ipswich is £406,507 and its rental estimate is £1,233 per month, given the available information and assuming reasonable condition.
Cherry Lane Gardens, Ipswich, IP4 falls within the IP4 postal district, in the borough of Ipswich.
1, Cherry Lane Gardens, Ipswich has 21 entries in the Land Registry , most recently in December 2019 and a single entry in the EPC database dated February 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Cherry Lane Gardens, Ipswich, we estimate a market value of £426,832 and a rental value of £1,294 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £378,051 and £1,146 per month respectively.
Over the last year, 1, Cherry Lane Gardens, Ipswich has seen its estimated sale value drop by £15,695 (3.9%) and its estimated rental value rise by £28 per month (2.3%). This results in an estimated gross rental yield of 3.6%.
1, Cherry Lane Gardens, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Feb 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1, Cherry Lane Gardens, Ipswich completed on 13th December 2019 at £340,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 3.4% over the period since December 2019.
Over the past 2 years 3 properties similar to 1, Cherry Lane Gardens, Ipswich have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th May 2022, was 34, Jupiter Road, Ipswich, IP4 4NT, a freehold house which sold for £448,000.
Read more about house prices in IP4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 16 addresses on Cherry Lane Gardens, Ipswich, IP4, 1, Cherry Lane Gardens, Ipswich comes out as the 15th largest and the 14th most expensive in our analysis of the public data.
It is also £130k more expensive than the average property across the IP4 district.
From 1, Cherry Lane Gardens, Ipswich, the nearest station is Derby Road (Ipswich), 1.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Cherry Lane Gardens, Ipswich, 45.9% of property is privately owned with a mortgage and 39.3% is privately owned outright.
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 1, Cherry Lane Gardens, Ipswich, 20.5% of residents are recorded as possessing school level qualifications and 35.1% 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 1, Cherry Lane Gardens, Ipswich, the average age was 45.3 and the most common age was 57.
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 1, Cherry Lane Gardens, Ipswich, 0.6% 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 1, Cherry Lane Gardens, Ipswich, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
