2 Squadron House, Ipswich
2 Squadron House, Ipswich
Description & Estimates
2 Squadron House, Ipswich is recorded publicly as a modern leasehold apartment across 775 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2 Squadron House, Ipswich is £352,244 and its rental estimate is £1,436 per month, given the available information and assuming reasonable condition.
Squadron House, Eagle Way is a residential building on Eagle Way, Martlesham Heath, Ipswich, IP5 and falls within the IP5 postal district and the borough of East Suffolk.
Our Data Sources
2 Squadron House, Ipswich has a single entry in the Land Registry from April 2024 and a single entry in the EPC database dated February 2024.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2 Squadron House, Ipswich, we estimate a market value of £369,857 and a rental value of £1,508 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £327,587 and £1,335 per month respectively.
Recent Market Change
Over the last year, 2 Squadron House, Ipswich has seen its estimated sale value fall by £8,449 (2.4%) and its estimated rental value move up by £47 per month (3.3%). This results in an estimated gross rental yield of 4.9%.
Energy Efficiency
2 Squadron House, Ipswich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Feb 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 2 Squadron House, Ipswich completed on 26th April 2024 at £405,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 12.8% over the period since April 2024.
- Sold Apr 2024£405,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Squadron House, Ipswich have sold within a radius of 950 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd September 2024, was 1 Squadron House, Eagle Way, Ipswich, IP5 3AB, a leasehold flat which sold for £385,000.
Read more about house prices in IP5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 41 addresses on Eagle Way, Martlesham Heath, Ipswich, IP5, 2 Squadron House, Ipswich comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £63k more expensive than the average property across the IP5 district.
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Schools Nearby
- 300mBirchwood Primary School
- 800mGorseland Primary School
- 1.2kmMartlesham Primary Academy
- 2.1kmKesgrave High School
- 4.8kmFarlingaye High School
- 5.0kmSt Alban's Catholic High School
More reading links
Public Transport Nearby
From 2 Squadron House, Ipswich, the nearest station is Woodbridge, 4.4 kilometres away.
- 4.4kmWoodbridge
- 6.3kmDerby Road (Ipswich)
- 6.5kmMelton (Suffolk)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
