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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 48, Rayleigh Road, Ipswich is a period freehold house with 850 ft2 of internal area and sits on a 136 m2 plot.
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 48, Rayleigh Road, Ipswich is £190,639 and the estimated rental value is £1,128 per month.
Rayleigh Road, Ipswich, IP1 is located in the borough of Ipswich within the IP1 postal district.
48, Rayleigh Road, Ipswich has a single entry in the Land Registry from August 2017 and a single entry in the EPC database dated May 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 48, Rayleigh Road, Ipswich is in very good condition we estimate a sale value of £200,170 and a rental value of £1,184 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,294 and a rental value of £1,049 per month.
Over the last 12 months the sale value of 48 Rayleigh Road Ipswich has decreased by an estimated £8,100 (4.2%) and its rental value has increased by an estimated £27 per month (2.4%), giving an expected gross yield of 7.1%.
According to data from HM Land Registry, 48, Rayleigh Road, Ipswich sits on a plot of 136m2.
We have plot size data on 5 out of 8 other houses in the postcode and 48, Rayleigh Road, Ipswich sits on the 2nd largest plot.
48, Rayleigh Road, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 May 2017.
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, 48, Rayleigh Road, Ipswich was last sold on 31st August 2017 for £173,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2017, the market for similar properties has risen 21.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Rayleigh Road, Ipswich within a radius of 590 metres over the last 2 years.
The most recent example is 78, Westbourne Road, Ipswich, IP1 5EJ, a freehold house which sold for £196,000 on the 7th August 2024.
Read more about house prices in IP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rayleigh Road, Ipswich, IP1 has a total of 32 addresses. According to our analysis of all the public data, 48, Rayleigh Road, Ipswich is the 8th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in IP1.
The closest station to 48, Rayleigh Road, Ipswich is Westerfield station which is 2.7 kilometres away.
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 48, Rayleigh Road, Ipswich, 48.7% of property is privately owned outright and 36.5% 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 48, Rayleigh Road, Ipswich, 14.4% of residents are recorded as possessing school level qualifications and 24.6% 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 48, Rayleigh Road, Ipswich, the average age was 37.2 and the most common age was 27.
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 48, Rayleigh Road, Ipswich, 1.2% 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 48, Rayleigh Road, Ipswich, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
