4, Mill Farm Place
4, Mill Farm Place
Description & Estimates
According to the public record, 4, Mill Farm Place, Ipswich is a modern freehold house with 2,960 ft2 of internal area and sits on a 752 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Mill Farm Place, Ipswich is £806,167 and the estimated rental value is £2,252 per month.
Mill Farm Place, Belstead, Ipswich, IP8 is located in the borough of Babergh within the IP8 postal district.
Our Data Sources
4, Mill Farm Place, Ipswich has a single entry in the Land Registry from September 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
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 4, Mill Farm Place, Ipswich is in very good condition we estimate a sale value of £846,475 and a rental value of £2,364 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £749,735 and a rental value of £2,094 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, Mill Farm Place, Ipswich has decreased by £29,782 (3.7%), while its estimated rental value has grown by £56 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 3.4%.
Plot Size
According to data from HM Land Registry, 4, Mill Farm Place, Ipswich sits on a plot of 752 m2.
We have plot size data on 5 out of 6 other houses in the postcode and 4, Mill Farm Place, Ipswich sits on the 3rd largest plot.
Energy Efficiency
4, 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
According to HM Land Registry, 4, Mill Farm Place, Ipswich was last sold on 13th September 2019 for £680,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2019, the market for similar properties has dropped by 5.9%.
- Sold Sep 2019£680,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Mill Farm Place, Ipswich within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 6, Moyes Place, Ipswich, IP8 3FE, a freehold house which sold for £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
Mill Farm Place, Belstead, Ipswich, IP8 has a total of 6 addresses. According to our analysis of all the public data, 4, Mill Farm Place, Ipswich is the largest and the most expensive property on the street.
When compared to the postcode district it is £477k more expensive than the average property in IP8.
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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
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Public Transport Nearby
The closest station to 4, Mill Farm Place, Ipswich is Ipswich station, which is 3.7 kilometres away.
- 3.7kmIpswich
- 5.8kmDerby Road (Ipswich)
- 7.2kmWesterfield
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
