16, Medway Road
16, Medway Road
Description & Estimates
16, Medway Road, Ipswich appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be an early-century house with 945 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 16, Medway Road, Ipswich is £299,082 and its rental estimate is £1,325 per month, given the available information and assuming reasonable condition.
Medway Road, Ipswich, IP3 falls within the IP3 postal district, in the borough of Ipswich.
Our Data Sources
16, Medway Road, Ipswich has 31 entries in the Land Registry , most recently in August 2010 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 5 out of 5 and is considered of high 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 16, Medway Road, Ipswich, we estimate a market value of £314,036 and a rental value of £1,392 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £278,146 and £1,233 per month respectively.
Recent Market Change
Over the last year, 16, Medway Road, Ipswich has seen its estimated sale value drop by £9,651 (3.2%) and its estimated rental value rise by £38 per month (2.9%). This results in an estimated gross rental yield of 5.3%.
Sold Prices
The most recent sale of 16, Medway Road, Ipswich completed on 13th August 2010 at £163,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 56.2% over the period since August 2010.
- Sold Aug 2010£163,000
- Sold May 2007£168,500
- Sold Jun 2001£87,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Medway Road, Ipswich have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd October 2022, was 7, Medway Road, Ipswich, IP3 0QJ, a freehold house which sold for £328,000.
Read more about house prices in IP3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 84 addresses on Medway Road, Ipswich, IP3, 16, Medway Road, Ipswich comes out as the 63rd largest and the 34th most expensive in our analysis of the public data.
It is also £10k more expensive than the average property across the IP3 district.
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Schools Nearby
- 400mMurrayfield Primary - A Paradigm Academy
- 600mCliff Lane Primary School
- 700mPiper's Vale Primary - A Paradigm Academy
- 1.3kmIpswich Academy
- 1.9kmCopleston High School
- 2.0kmStoke High School - Ormiston Academy
More reading links
Public Transport Nearby
From 16, Medway Road, Ipswich, the nearest station is Derby Road (Ipswich), 1.1 kilometres away.
- 1.1kmDerby Road (Ipswich)
- 2.5kmIpswich
- 4.5kmWesterfield
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
