489 Road, Ipswich
489 Road, Ipswich
Description & Estimates
489 Road, Ipswich is recorded publicly as a mid-century freehold house across 592 ft2 of internal area, sitting on a 324 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 489 Road, Ipswich is £195,052 and its rental estimate is £1,021 per month, given the available information and assuming reasonable condition.
London Road, Ipswich, IP2 falls within the IP2 postal district, in the borough of Ipswich.
Our Data Sources
489 Road, Ipswich has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated October 2023.
We combine this information with that 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 489 Road, Ipswich, we estimate a market value of £204,805 and a rental value of £1,072 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £181,399 and £950 per month respectively.
Recent Market Change
Over the last year, 489 Road, Ipswich has seen its estimated sale value drop by £5,900 (3.0%) and its estimated rental value rise by £25 per month (2.4%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for 489 Road, Ipswich as measuring 324 m2.
That makes it the 3rd largest plot in the postcode, where 5 of the 14 other houses have recorded plot data.
Energy Efficiency
489 Road, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Oct 2023.
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 489 Road, Ipswich completed on 21st February 2024 at £167,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 1.5% over the period since February 2024.
- Sold Feb 2024£167,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 489 Road, Ipswich have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2025, was 26, Merlin Road, Ipswich, IP2 0SJ, a freehold house which sold for £240,000.
Read more about house prices in IP2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 116 addresses on London Road, Ipswich, IP2, 489 Road, Ipswich comes out as the 66th largest and the 58th most expensive in our analysis of the public data.
It is also £15k less expensive than the average property across the IP2 district.
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Schools Nearby
- 400mSprites Primary Academy
- 700mThe Oaks Primary School
- 1.1kmGusford Community Primary School
- 1.3kmChantry Academy
- 2.6kmStoke High School - Ormiston Academy
- 3.1kmWestbourne Academy
More reading links
Public Transport Nearby
From 489 Road, Ipswich, the nearest station is Ipswich, 2.3 kilometres away.
- 2.3kmIpswich
- 4.9kmDerby Road (Ipswich)
- 5.3kmWesterfield
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.
