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According to the public record, 2, Malkin Close, Ipswich is a modern freehold house with 968 ft2 of internal area and sits on a 292 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Malkin Close, Ipswich is £270,870 and the estimated rental value is £1,236 per month.
Malkin Close, Ipswich, IP1 is located in the borough of Ipswich within the IP1 postal district.
2, Malkin Close, Ipswich has 3 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated February 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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, Malkin Close, Ipswich is in very good condition we estimate a sale value of £284,413 and a rental value of £1,298 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,909 and a rental value of £1,150 per month.
Over the last 12 months the sale value of 2 Malkin Close Ipswich has decreased by an estimated £11,509 (4.2%) and its rental value has increased by an estimated £29 per month (2.4%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 2, Malkin Close, Ipswich sits on a plot of 292m2.
We have plot size data on 24 out of 40 other houses in the postcode and 2, Malkin Close, Ipswich sits on the largest plot.
2, Malkin Close, Ipswich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Feb 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Malkin Close, Ipswich was last sold on 19th February 2021 for £282,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2021, the market for similar properties has risen 11.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Malkin Close, Ipswich within a radius of 670 metres over the last 2 years.
The most recent example is 20, Malkin Close, Ipswich, IP1 6FE, a freehold house which sold for £260,000 on the 22nd September 2023.
Read more about house prices in IP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malkin Close, Ipswich, IP1 has a total of 50 addresses. According to our analysis of all the public data, 2, Malkin Close, Ipswich is the 24th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in IP1.
The closest station to 2, Malkin Close, Ipswich is Westerfield station which is 2.7 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, Malkin Close, Ipswich, 51.1% of property is socially rented and 24.8% 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, Malkin Close, Ipswich, 25.3% of residents are recorded as possessing school level qualifications and 17.6% 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, Malkin Close, Ipswich, the average age was 41.7 and the most common age was 12.
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, Malkin Close, 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, Malkin Close, Ipswich, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.