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According to the public record, 2, Burnham Lodge, Ipswich is a mid-century leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Burnham Lodge, Ipswich is £88,311 and the estimated rental value is £506 per month.
The apartment is within Burnham Lodge, Oakstead Close, Ipswich, IP4.
Oakstead Close, Ipswich, IP4 is located in the borough of Ipswich within the IP4 postal district.
2, Burnham Lodge, Ipswich has 21 entries in the Land Registry , most recently in March 2018 and a single entry in the EPC database dated May 2017.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Burnham Lodge, Ipswich is in very good condition we estimate a sale value of £92,727 and a rental value of £531 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,129 and a rental value of £470 per month.
Over the last 12 months the sale value of 2 Burnham Lodge Ipswich has decreased by an estimated £2,830 (3.2%) and its rental value has increased by an estimated £15 per month (2.9%), giving an expected gross yield of 6.9%.
2, Burnham Lodge, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 May 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Burnham Lodge, Ipswich was last sold on 16th March 2018 for £84,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2018, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Burnham Lodge, Ipswich within a radius of 460 metres over the last 2 years.
The most recent example is 145, Oakstead Close, Ipswich, IP4 4HW, a leasehold flat which sold for £60,000 on the 15th November 2024.
Read more about house prices in IP4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakstead Close, Ipswich, IP4 has a total of 95 addresses. According to our analysis of all the public data, 2, Burnham Lodge, Ipswich is the 80th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £188k less expensive than the average property in IP4.
The closest station to 2, Burnham Lodge, Ipswich is Derby Road (Ipswich) station which is 1.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Burnham Lodge, Ipswich, 35.5% of property is privately rented and 32.3% 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 2, Burnham Lodge, Ipswich, 6.0% of residents are recorded as possessing school level qualifications and 33.0% 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 2, Burnham Lodge, Ipswich, the average age was 38.6 and the most common age was 32.
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 2, Burnham Lodge, 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 2, Burnham Lodge, Ipswich, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.