Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Lancaster Drive, Ipswich is a modern freehold house with 1,463 ft2 of internal area and sits on a 698 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lancaster Drive, Ipswich is £610,917 and the estimated rental value is £2,112 per month.
Lancaster Drive, Martlesham Heath, Ipswich, IP5 is located in the borough of East Suffolk within the IP5 postal district.
2, Lancaster Drive, Ipswich has 31 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Lancaster Drive, Ipswich is in very good condition we estimate a sale value of £641,463 and a rental value of £2,218 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £568,153 and a rental value of £1,964 per month.
Over the last 12 months the sale value of 2 Lancaster Drive Ipswich has decreased by an estimated £24,583 (4.0%) and its rental value has increased by an estimated £43 per month (2.1%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 2, Lancaster Drive, Ipswich sits on a plot of 698m2.
We have plot size data on 2 out of 3 other houses in the postcode and 2, Lancaster Drive, Ipswich sits on the largest plot.
2, Lancaster Drive, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Oct 2020.
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, Lancaster Drive, Ipswich was last sold on 16th March 2021 for £575,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2021, the market for similar properties has dropped 10.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lancaster Drive, Ipswich within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 35, Forest Lane, Ipswich, IP5 3ST, a freehold house which sold for £650,000 on the 6th January 2023.
Read more about house prices in IP5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Drive, Martlesham Heath, Ipswich, IP5 has a total of 48 addresses. According to our analysis of all the public data, 2, Lancaster Drive, Ipswich is the 20th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £322k more expensive than the average property in IP5.
The closest station to 2, Lancaster Drive, Ipswich is Woodbridge station which is 5.0 kilometres away.
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, Lancaster Drive, Ipswich, 65.0% of property is privately owned outright and 23.9% is privately owned with a mortgage.
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, Lancaster Drive, Ipswich, 12.6% of residents are recorded as possessing school level qualifications and 46.2% 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, Lancaster Drive, Ipswich, the average age was 42.9 and the most common age was 57.
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, Lancaster Drive, 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, Lancaster Drive, Ipswich, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
Be the first Estate
Agent here!
