3 Chalk Pit Cottages, Ipswich
3 Chalk Pit Cottages, Ipswich
Description & Estimates
The public record describes 3 Chalk Pit Cottages, Ipswich as a period house with 1,140 ft2 of internal area, sitting on a 863 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
3 Chalk Pit Cottages, Ipswich has an estimated sale value of £423,352 and an estimated rental value of £1,255 per month, assuming reasonable condition and based on the information available.
Offton, Ipswich, IP8 lies in the borough of Mid Suffolk, within the IP8 postal district.
Our Data Sources
3 Chalk Pit Cottages, Ipswich has no records in the the Land Registry and a single entry in the EPC database dated March 2023.
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 3 Chalk Pit Cottages, Ipswich would be worth £444,520, with a potential rental value of £1,318 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £393,718, with a rental value of £1,167 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 3 Chalk Pit Cottages, Ipswich has dropped by £13,676 (3.2%) over the last year. During the same period, its estimated monthly rental value has risen by £35 (2.8%). The property's estimated gross yield is currently 3.6%.
Plot Size
3 Chalk Pit Cottages, Ipswich occupies a 863 m2 plot as recorded by HM Land Registry.
Of the 19 other houses in this postcode, 10 have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
3 Chalk Pit Cottages, Ipswich has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.3 kilometres of 3 Chalk Pit Cottages, Ipswich across the last 2 years.
Most recently, 14, Castle Lane, Ipswich, IP8 4RH, a freehold house, sold at £375,000 on the 16th August 2024.
Read more about house prices in IP8.
•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 3 Chalk Pit Cottages, Ipswich as the 33rd largest and the 35th most expensive of the 48 addresses on Offton, Ipswich, IP8.
Against the IP8 postcode district average, it is £94k more expensive than the typical property.
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Schools Nearby
- 1.6kmSomersham Primary School
- 2.9kmElmsett Church of England Primary School
- 3.4kmRingshall School
- 6.0kmClaydon High School
- 7.1kmWestbourne Academy
- 7.7kmOrmiston Endeavour Academy
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Public Transport Nearby
Needham Market station is the nearest stop to 3 Chalk Pit Cottages, Ipswich at 6.0 kilometres away.
- 6.0kmNeedham Market
- 9.7kmWesterfield
- 9.8kmIpswich
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.
