118, Richmond Road
118, Richmond Road
Description & Estimates
Public records show 118, Richmond Road, Ipswich to be a period freehold house with 731 ft2 of internal area, sitting on a 210 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
118, Richmond Road, Ipswich has an estimated sale value of £175,448 and an estimated rental value of £1,061 per month, assuming reasonable condition and based on the information available.
Richmond Road, Ipswich, IP1 lies in the borough of Ipswich, within the IP1 postal district.
Our Data Sources
118, Richmond Road, Ipswich has 31 entries in the Land Registry , most recently in April 2014 and a single entry in the EPC database dated March 2025.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 118, Richmond Road, Ipswich would be worth £184,221, with a potential rental value of £1,114 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £163,167, with a rental value of £987 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 118, Richmond Road, Ipswich has moved down by £5,253 (3.0%) over the last year. During the same period, its estimated monthly rental value has increased by £28 (2.6%). The property's estimated gross yield is currently 7.3%.
Plot Size
118, Richmond Road, Ipswich occupies a 210 m2 plot as recorded by HM Land Registry.
Of the 44 other houses in this postcode, 23 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
118, Richmond Road, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Mar 2025.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
118, Richmond Road, Ipswich last changed hands on 4th April 2014, selling for £125,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 75.5% since April 2014.
- Sold Apr 2014£125,000
- Sold Jul 2011£110,000
- Sold Aug 2000£63,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of 118, Richmond Road, Ipswich across the last 2 years.
Most recently, 2, Surbiton Road, Ipswich, IP1 4AX, a freehold house, sold at £187,000 on the 10th July 2025.
Read more about house prices in IP1.
•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 118, Richmond Road, Ipswich as the 104th largest and the 105th most expensive of the 121 addresses on Richmond Road, Ipswich, IP1.
Against the IP1 postcode district average, it is £62k less expensive than the typical property.
More reading links
Schools Nearby
- 200mSpringfield Infant School and Nursery
- 200mSpringfield Junior School
- 600mHandford Hall Primary School
- 1.2kmWestbourne Academy
- 2.2kmOrmiston Endeavour Academy
- 2.3kmChantry Academy
More reading links
Public Transport Nearby
Ipswich station is the nearest stop to 118, Richmond Road, Ipswich at 1.9 kilometres away.
- 1.9kmIpswich
- 2.8kmWesterfield
- 3.8kmDerby Road (Ipswich)
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
