2, Mill Rise
2, Mill Rise
Description & Estimates
The public record describes 2, Mill Rise, Ipswich as a mid-century house with 764 ft2 of internal area, sitting on a 425 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Mill Rise, Ipswich has an estimated sale value of £319,082 and an estimated rental value of £1,301 per month, assuming reasonable condition and based on the information available.
Mill Rise, Holbrook, Ipswich, IP9 lies in the borough of Babergh, within the IP9 postal district.
Our Data Sources
2, Mill Rise, Ipswich has no records in the the Land Registry and a single entry in the EPC database dated July 2022.
We combine this information with public data of neighbouring properties to estimate the property 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, Mill Rise, Ipswich would be worth £335,036, with a potential rental value of £1,366 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £296,746, with a rental value of £1,210 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, Mill Rise, Ipswich has fallen by £9,005 (2.8%) over the last year. During the same period, its estimated monthly rental value has moved up by £30 (2.3%). The property's estimated gross yield is currently 4.9%.
Plot Size
2, Mill Rise, Ipswich occupies a 425 m2 plot as recorded by HM Land Registry.
Of the 26 other houses in this postcode, 23 have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
2, Mill Rise, Ipswich has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.8 kilometres of 2, Mill Rise, Ipswich across the last 2 years.
Most recently, 27, Reade Road, Ipswich, IP9 2QL, a freehold house, sold at £300,000 on the 12th November 2024.
Read more about house prices in IP9.
•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, Mill Rise, Ipswich as the 25th largest and the 23rd most expensive of the 26 addresses on Mill Rise, Holbrook, Ipswich, IP9.
Against the IP9 postcode district average, it is £59k less expensive than the typical property.
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Schools Nearby
- 500mHolbrook Primary School
- 2.2kmStutton Church of England Primary School
- 3.2kmTattingstone Church of England Voluntary Controlled Primary School
- 700mHolbrook Academy
- 5.7kmIpswich Academy
- 6.7kmStoke High School - Ormiston Academy
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Public Transport Nearby
Wrabness station is the nearest stop to 2, Mill Rise, Ipswich at 4.9 kilometres away.
- 4.9kmWrabness
- 6.7kmMistley
- 7.6kmIpswich
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.
