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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 397, Spring Road, Ipswich is a period freehold house with 667 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 397, Spring Road, Ipswich is £176,103 and the estimated rental value is £950 per month.
Spring Road, Ipswich, IP4 is located in the borough of Ipswich within the IP4 postal district.
397, Spring Road, Ipswich has 31 entries in the Land Registry , most recently in August 2007 and a single entry in the EPC database dated October 2018.
We combine this information with that 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.
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 397, Spring Road, Ipswich is in very good condition we estimate a sale value of £184,908 and a rental value of £998 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,776 and a rental value of £884 per month.
Over the last 12 months the sale value of 397 Spring Road Ipswich has decreased by an estimated £7,243 (4.1%) and its rental value has increased by an estimated £23 per month (2.4%), giving an expected gross yield of 6.5%.
397, Spring Road, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 397, Spring Road, Ipswich was last sold on 16th August 2007 for £121,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2007, the market for similar properties has risen 57.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 397, Spring Road, Ipswich within a radius of 510 metres over the last 2 years.
The most recent example is 518, Spring Road, Ipswich, IP4 5LZ, a freehold house which sold for £166,250 on the 24th February 2023.
Read more about house prices in IP4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Road, Ipswich, IP4 has a total of 416 addresses. According to our analysis of all the public data, 397, Spring Road, Ipswich is the 305th largest and the 275th most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in IP4.
The closest station to 397, Spring Road, Ipswich is Derby Road (Ipswich) station which is 1.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 397, Spring Road, Ipswich, 41.4% of property is privately rented and 32.6% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 397, Spring Road, Ipswich, 21.8% of residents are recorded as possessing school level qualifications and 29.5% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 397, Spring Road, Ipswich, the average age was 38.6 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 397, Spring Road, Ipswich, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 397, Spring Road, Ipswich, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
