4, Melrose Gardens
4, Melrose Gardens
Description & Estimates
4, Melrose Gardens, Ipswich is described in the public record as a modern house with 764 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Melrose Gardens, Ipswich is £174,360 and its rental estimate is £915 per month, given the available information and assuming reasonable condition.
Melrose Gardens, Ipswich, IP4 falls within the IP4 postal district, in the borough of Ipswich.
Our Data Sources
4, Melrose Gardens, Ipswich has no records in the the Land Registry and a single entry in the EPC database dated June 2012.
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
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 4, Melrose Gardens, Ipswich, we estimate a market value of £183,078 and a rental value of £961 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £162,155 and £851 per month respectively.
Recent Market Change
Over the last year, 4, Melrose Gardens, Ipswich has seen its estimated sale value move down by £6,038 (3.5%) and its estimated rental value increase by £26 per month (2.8%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
4, Melrose Gardens, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jun 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Melrose Gardens, Ipswich have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th November 2024, was 23, Rushbury Close, Ipswich, IP4 4RB, a freehold house which sold for £195,000.
Read more about house prices in IP4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 12 addresses on Melrose Gardens, Ipswich, IP4, 4, Melrose Gardens, Ipswich comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £102k less expensive than the average property across the IP4 district.
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Schools Nearby
- 300mRushmere Hall Primary School
- 600mSidegate Primary School
- 700mSt John's Church of England Voluntary Aided Primary School, Ipswich
- 700mNorthgate High School
- 900mSt Alban's Catholic High School
- 1.6kmCopleston High School
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Public Transport Nearby
From 4, Melrose Gardens, Ipswich, the nearest station is Derby Road (Ipswich), 2.0 kilometres away.
- 2.0kmDerby Road (Ipswich)
- 2.1kmWesterfield
- 3.6kmIpswich
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
