40, Offord Close
40, Offord Close
Description & Estimates
40, Offord Close, Ipswich is described in the public record as a modern apartment with 729 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 40, Offord Close, Ipswich is £172,685 and its rental estimate is £764 per month, given the available information and assuming reasonable condition.
Offord Close, Kesgrave, Ipswich, IP5 falls within the IP5 postal district, in the borough of East Suffolk.
Our Data Sources
40, Offord Close, Ipswich has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2008.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 40, Offord Close, Ipswich, we estimate a market value of £181,319 and a rental value of £802 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £160,597 and £711 per month respectively.
Recent Market Change
Over the last year, 40, Offord Close, Ipswich has seen its estimated sale value decline by £4,142 (2.4%) and its estimated rental value climb by £25 per month (3.3%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
40, Offord Close, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Oct 2008.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 40, Offord Close, Ipswich completed on 3rd June 2005 at £124,995 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Jun 2005£124,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Offord Close, Ipswich have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th May 2025, was 48, Pepper Place, Ipswich, IP5 2DB, a leasehold flat which sold for £217,000.
Read more about house prices in IP5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 48 addresses on Offord Close, Kesgrave, Ipswich, IP5, 40, Offord Close, Ipswich comes out as the 18th largest and the 18th most expensive in our analysis of the public data.
It is also £116k less expensive than the average property across the IP5 district.
More reading links
Schools Nearby
- 500mCedarwood Primary School
- 1.1kmGorseland Primary School
- 1.2kmHeath Primary School, Kesgrave
- 1.0kmKesgrave High School
- 3.4kmSt Alban's Catholic High School
- 3.7kmCopleston High School
More reading links
Public Transport Nearby
From 40, Offord Close, Ipswich, the nearest station is Derby Road (Ipswich), 4.6 kilometres away.
- 4.6kmDerby Road (Ipswich)
- 6.0kmWoodbridge
- 6.2kmWesterfield
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.
