3, Mill Farm Place
3, Mill Farm Place
Description & Estimates
Public records show 3, Mill Farm Place, Ipswich to be a modern freehold house with 2,960 ft2 of internal area, sitting on a 767 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
3, Mill Farm Place, Ipswich has an estimated sale value of £806,167 and an estimated rental value of £2,252 per month, assuming reasonable condition and based on the information available.
Mill Farm Place, Belstead, Ipswich, IP8 lies in the borough of Babergh, within the IP8 postal district.
Our Data Sources
3, Mill Farm Place, Ipswich has a single entry in the Land Registry from March 2019 and a single entry in the EPC database dated May 2018.
We combine this information with that 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
In very good condition, we estimate 3, Mill Farm Place, Ipswich would be worth £846,475, with a potential rental value of £2,364 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £749,735, with a rental value of £2,094 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, Mill Farm Place, Ipswich has dropped by £29,782 (3.7%) over the last year. During the same period, its estimated monthly rental value has risen by £56 (2.5%). The property's estimated gross yield is currently 3.4%.
Plot Size
3, Mill Farm Place, Ipswich occupies a 767 m2 plot as recorded by HM Land Registry.
Of the 6 other houses in this postcode, 5 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
3, Mill Farm Place, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, LPG.
Sold Prices
3, Mill Farm Place, Ipswich last changed hands on 22nd March 2019, selling for £700,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 2.8% since March 2019.
- Sold Mar 2019£700,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.6 kilometres of 3, Mill Farm Place, Ipswich across the last 2 years.
Most recently, 6, Moyes Place, Ipswich, IP8 3FE, a freehold house, sold at £780,000 on the 29th June 2021.
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, Mill Farm Place, Ipswich as the 2nd largest and the 2nd most expensive of the 6 addresses on Mill Farm Place, Belstead, Ipswich, IP8.
Against the IP8 postcode district average, it is £477k more expensive than the typical property.
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Schools Nearby
- 1.4kmGusford Community Primary School
- 1.7kmCopdock Primary School
- 1.9kmSprites Primary Academy
- 2.5kmChantry Academy
- 3.4kmStoke High School - Ormiston Academy
- 5.3kmWestbourne Academy
More reading links
Public Transport Nearby
Ipswich station is the nearest stop to 3, Mill Farm Place, Ipswich at 3.7 kilometres away.
- 3.7kmIpswich
- 5.8kmDerby Road (Ipswich)
- 7.2kmWesterfield
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
