2, Cake Bridge Lane
2, Cake Bridge Lane
Description & Estimates
The public record lists 2, Cake Bridge Lane, Ipswich as a freehold house sitting on a 174 m2 plot.
Comparison with its neighbours suggests a mid-century house with 1,573 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
2, Cake Bridge Lane, Ipswich has an estimated sale value of £300,742 and an estimated rental value of £1,373 per month, assuming reasonable condition and based on the information available.
Cake Bridge Lane, Chelsworth, Ipswich, IP7 lies in the borough of Babergh, within the IP7 postal district.
Our Data Sources
2, Cake Bridge Lane, Ipswich has 21 entries in the Land Registry , most recently in October 2009 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 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Cake Bridge Lane, Ipswich would be worth £315,779, with a potential rental value of £1,442 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £279,690, with a rental value of £1,277 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 2, Cake Bridge Lane, Ipswich has fallen by £10,215 (3.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £29 (2.1%). The property's estimated gross yield is currently 5.5%.
Plot Size
2, Cake Bridge Lane, Ipswich occupies a 174 m2 plot as recorded by HM Land Registry.
Of the 12 other houses in this postcode, 8 have recorded plot sizes, and this one ranks as the 4th largest.
Sold Prices
2, Cake Bridge Lane, Ipswich last changed hands on 30th October 2009, selling for £200,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 24.6% since October 2009.
- Sold Oct 2009£200,000
- Sold Mar 2005£127,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.1 kilometres of 2, Cake Bridge Lane, Ipswich across the last 2 years.
Most recently, 2, The Glebe, Sudbury, CO10 9PP, a freehold house, sold at £525,000 on the 20th November 2018.
Read more about house prices in IP7.
•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 2, Cake Bridge Lane, Ipswich as the 3rd largest and the 3rd most expensive of the 12 addresses on Cake Bridge Lane, Chelsworth, Ipswich, IP7.
Against the IP7 postcode district average, it is £64k less expensive than the typical property.
More reading links
Schools Nearby
- 1.9kmBildeston Primary School
- 4.8kmWhatfield Church of England Voluntary Controlled Primary School
- 4.9kmKersey Church of England Primary School
- 8.1kmHadleigh High School
- 11.7kmOrmiston Sudbury Academy
- 11.9kmThomas Gainsborough School
More reading links
Public Transport Nearby
Sudbury (Suffolk) station is the nearest stop to 2, Cake Bridge Lane, Ipswich at 12.2 kilometres away.
- 12.2kmSudbury (Suffolk)
- 13.1kmStowmarket
- 13.2kmNeedham Market
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
