4, Millers Way
4, Millers Way
Description & Estimates
4, Millers Way, Ipswich is described in the public record as a modern apartment with 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 4, Millers Way, Ipswich is £165,762 and its rental estimate is £745 per month, given the available information and assuming reasonable condition.
Millers Way, Otley, Ipswich, IP6 falls within the IP6 postal district, in the borough of East Suffolk.
Our Data Sources
4, Millers Way, Ipswich has no records in the the Land Registry and a single entry in the EPC database dated May 2021.
We combine this information with public data 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
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, Millers Way, Ipswich, we estimate a market value of £174,050 and a rental value of £782 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £154,159 and £693 per month respectively.
Recent Market Change
Over the last year, 4, Millers Way, Ipswich has seen its estimated sale value drop by £5,193 (3.1%) and its estimated rental value rise by £25 per month (3.4%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
4, Millers Way, Ipswich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 May 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 4, Millers Way, Ipswich has sold within a radius of 5.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th August 2021, was 2, Millers Way, Ipswich, IP6 9HF, a leasehold flat which sold for £834,000.
Read more about house prices in IP6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 30 addresses on Millers Way, Otley, Ipswich, IP6, 4, Millers Way, Ipswich comes out as the 29th largest and the 29th most expensive in our analysis of the public data.
It is also £164k less expensive than the average property across the IP6 district.
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
From 4, Millers Way, Ipswich, the nearest station is Westerfield, 8.5 kilometres away.
- 8.5kmWesterfield
- 9.6kmWoodbridge
- 9.7kmMelton (Suffolk)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
