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18, Museum Street, Ipswich appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 1,326 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 18, Museum Street, Ipswich is £293,377 and its rental estimate is £1,352 per month, given the available information and assuming reasonable condition.
Museum Street, Ipswich, IP1 falls within the IP1 postal district, in the borough of Ipswich.
18, Museum Street, Ipswich has 2 entries in the Land Registry , most recently in May 2019 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 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 18, Museum Street, Ipswich, we estimate a market value of £308,046 and a rental value of £1,420 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £272,840 and £1,258 per month respectively.
Over the last year, 18, Museum Street, Ipswich has seen its estimated sale value decline by £11,052 (3.8%) and its estimated rental value climb by £26 per month (1.9%). This results in an estimated gross rental yield of 5.5%.
The most recent sale of 18, Museum Street, Ipswich completed on 22nd May 2019 at £280,000 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 64.0% over the period since May 2019.
Over the past 2 years 3 properties similar to 18, Museum Street, Ipswich have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th January 2024, was 40, High Street, Ipswich, IP1 3QJ, a freehold house which sold for £317,500.
Read more about house prices in IP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 56 addresses on Museum Street, Ipswich, IP1, 18, Museum Street, Ipswich comes out as the 6th largest and the 4th most expensive in our analysis of the public data.
It is also £56k more expensive than the average property across the IP1 district.
From 18, Museum Street, Ipswich, the nearest station is Ipswich, 900 metres away.
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 18, Museum Street, Ipswich, 45.7% of property is privately rented and 35.8% is socially rented.
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 18, Museum Street, Ipswich, 15.0% of residents are recorded as possessing school level qualifications and 32.7% 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 18, Museum Street, Ipswich, the average age was 36.3 and the most common age was 27.
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 18, Museum Street, Ipswich, 0.0% 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 18, Museum Street, Ipswich, there are an average of 0.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.