3, Millers Way
3, Millers Way
Description & Estimates
According to the public record, 3, Millers Way, Ipswich is a modern freehold house with 1,216 ft2 of internal area and sits on a 320 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Millers Way, Ipswich is £408,707 and the estimated rental value is £1,400 per month.
Millers Way, Otley, Ipswich, IP6 is located in the borough of East Suffolk within the IP6 postal district.
Our Data Sources
3, Millers Way, Ipswich has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated November 2020.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Millers Way, Ipswich is in very good condition we estimate a sale value of £429,142 and a rental value of £1,470 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £380,097 and a rental value of £1,302 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Millers Way, Ipswich has moved down by £16,661 (4.1%), while its estimated rental value has increased by £29 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 4.1%.
Plot Size
According to data from HM Land Registry, 3, Millers Way, Ipswich sits on a plot of 320 m2.
We have plot size data on 14 out of 26 other houses in the postcode and 3, Millers Way, Ipswich sits on the 10th largest plot.
Energy Efficiency
3, Millers Way, Ipswich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Nov 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
Sold Prices
According to HM Land Registry, 3, Millers Way, Ipswich was last sold on 4th December 2020 for £407,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2020, the market for similar properties has dropped by 5.8%.
- Sold Dec 2020£407,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Millers Way, Ipswich within a radius of 5.1 kilometres over the last 2 years.
The most recent example is 1, Millers Way, Ipswich, IP6 9HF, a freehold house which sold for £425,000 on the 20th August 2021.
Read more about house prices in IP6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Millers Way, Otley, Ipswich, IP6 has a total of 30 addresses. According to our analysis of all the public data, 3, Millers Way, Ipswich is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in IP6.
More reading links
Schools Nearby
- 400mOtley Primary School
- 3.3kmWitnesham Primary School
- 4.0kmHelmingham Primary School and Nursery
- 8.1kmFarlingaye High School
- 8.5kmClaydon High School
- 8.8kmDebenham High School
More reading links
Public Transport Nearby
The closest station to 3, Millers Way, Ipswich is Westerfield station, which is 8.5 kilometres away.
- 8.5kmWesterfield
- 9.6kmWoodbridge
- 9.7kmMelton (Suffolk)
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
