1, Mill Farm Place
1, Mill Farm Place
Description & Estimates
1, Mill Farm Place, Ipswich is recorded publicly as a modern freehold house across 1,636 ft2 of internal area, sitting on a 411 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Mill Farm Place, Ipswich is £458,243 and its rental estimate is £1,579 per month, given the available information and assuming reasonable condition.
Mill Farm Place, Belstead, Ipswich, IP8 falls within the IP8 postal district, in the borough of Babergh.
Our Data Sources
1, Mill Farm Place, Ipswich has a single entry in the Land Registry from July 2018 and a single entry in the EPC database dated January 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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, Mill Farm Place, Ipswich, we estimate a market value of £481,155 and a rental value of £1,658 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £426,166 and £1,469 per month respectively.
Recent Market Change
Over the last year, 1, Mill Farm Place, Ipswich has seen its estimated sale value decrease by £17,244 (3.8%) and its estimated rental value grow by £44 per month (2.8%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for 1, Mill Farm Place, Ipswich as measuring 411 m2.
That makes it the 5th largest plot in the postcode, where 5 of the 6 other houses have recorded plot data.
Energy Efficiency
1, Mill Farm Place, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Jan 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, LPG.
Sold Prices
The most recent sale of 1, Mill Farm Place, Ipswich completed on 6th July 2018 at £380,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 10.4% over the period since July 2018.
- Sold Jul 2018£380,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Mill Farm Place, Ipswich have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th September 2024, was Campion, Chapel Lane, Ipswich, IP8 3LR, a freehold house which sold for £415,000.
Read more about house prices in IP8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 6 addresses on Mill Farm Place, Belstead, Ipswich, IP8, 1, Mill Farm Place, Ipswich comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £129k more expensive than the average property across the IP8 district.
More reading links
Schools Nearby
- 1.4kmGusford Community Primary School
- 1.7kmCopdock Primary School
- 1.9kmSprites Primary Academy
- 2.5kmChantry Academy
- 3.4kmStoke High School - Ormiston Academy
- 5.3kmWestbourne Academy
More reading links
Public Transport Nearby
From 1, Mill Farm Place, Ipswich, the nearest station is Ipswich, 3.7 kilometres away.
- 3.7kmIpswich
- 5.8kmDerby Road (Ipswich)
- 7.2kmWesterfield
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
