2, Virginia Street
2, Virginia Street
Description & Estimates
2, Virginia Street, Ipswich is described in the public record as a modern apartment with 457 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 2, Virginia Street, Ipswich is £67,444 and its rental estimate is £455 per month, given the available information and assuming reasonable condition.
Virginia Street, Ipswich, IP2 falls within the IP2 postal district, in the borough of Ipswich.
Our Data Sources
2, Virginia Street, Ipswich has no records in the the Land Registry and a single entry in the EPC database dated October 2009.
We combine this information with public data 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.
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, Virginia Street, Ipswich, we estimate a market value of £70,817 and a rental value of £478 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £62,723 and £424 per month respectively.
Recent Market Change
Over the last year, 2, Virginia Street, Ipswich has seen its estimated sale value fall by £1,604 (2.4%) and its estimated rental value move up by £15 per month (3.4%). This results in an estimated gross rental yield of 8.1%.
Energy Efficiency
2, Virginia Street, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Oct 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 2, Virginia Street, Ipswich have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th March 2021, was 4, Virginia Street, Ipswich, IP2 8TJ, a leasehold flat which sold for £65,000.
Read more about house prices in IP2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 37 addresses on Virginia Street, Ipswich, IP2, 2, Virginia Street, Ipswich comes out as the 34th largest and the 34th most expensive in our analysis of the public data.
It is also £142k less expensive than the average property across the IP2 district.
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Schools Nearby
- 500mHillside Primary School
- 900mCliff Lane Primary School
- 1.0kmHalifax Primary School
- 600mStoke High School - Ormiston Academy
- 1.9kmChantry Academy
- 2.6kmIpswich Academy
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Public Transport Nearby
From 2, Virginia Street, Ipswich, the nearest station is Ipswich, 1.1 kilometres away.
- 1.1kmIpswich
- 1.8kmDerby Road (Ipswich)
- 4.0kmWesterfield
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
