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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 5, Chestnut Rise, Ipswich is a modern freehold house with 2,400 ft2 of internal area and sits on a 738 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 5, Chestnut Rise, Ipswich is £800,441 and the estimated rental value is £2,063 per month.
Chestnut Rise, Witnesham, Ipswich, IP6 is located in the borough of East Suffolk within the IP6 postal district.
5, Chestnut Rise, Ipswich has a single entry in the Land Registry from April 2017 and a single entry in the EPC database dated October 2016.
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 5, Chestnut Rise, Ipswich is in very good condition we estimate a sale value of £840,464 and a rental value of £2,167 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £744,411 and a rental value of £1,919 per month.
Over the last 12 months the sale value of 5 Chestnut Rise Ipswich has decreased by an estimated £35,837 (4.5%) and its rental value has increased by an estimated £31 per month (1.5%), giving an expected gross yield of 3.1%.
According to data from HM Land Registry, 5, Chestnut Rise, Ipswich sits on a plot of 738m2.
We have plot size data on 7 out of 7 other houses in the postcode and 5, Chestnut Rise, Ipswich sits on the 3rd largest plot.
5, Chestnut Rise, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Oct 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, LPG.
According to HM Land Registry, 5, Chestnut Rise, Ipswich was last sold on 24th April 2017 for £638,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2017, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Chestnut Rise, Ipswich within a radius of 3.9 kilometres over the last 2 years.
The most recent example is 6, Giles Way, Ipswich, IP6 9HB, a freehold house which sold for £850,000 on the 10th June 2022.
Read more about house prices in IP6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Rise, Witnesham, Ipswich, IP6 has a total of 7 addresses. According to our analysis of all the public data, 5, Chestnut Rise, Ipswich is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £471k more expensive than the average property in IP6.
The closest station to 5, Chestnut Rise, Ipswich is Westerfield station which is 3.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 5, Chestnut Rise, Ipswich, 51.4% of property is privately owned outright and 36.3% 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 5, Chestnut Rise, Ipswich, 14.2% of residents are recorded as possessing school level qualifications and 37.2% 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 5, Chestnut Rise, Ipswich, the average age was 47.2 and the most common age was 57.
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 5, Chestnut Rise, Ipswich, 1.4% 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 5, Chestnut Rise, Ipswich, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
