5, Gelding Mews
5, Gelding Mews
Description & Estimates
According to the public record, 5, Gelding Mews, Ipswich is a modern freehold house with 861 ft2 of internal area.
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 5, Gelding Mews, Ipswich is £304,784 and the estimated rental value is £1,328 per month.
Gelding Mews, Sproughton, Ipswich, IP8 is located in the borough of Babergh within the IP8 postal district.
Our Data Sources
5, Gelding Mews, Ipswich has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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, Gelding Mews, Ipswich is in very good condition we estimate a sale value of £320,024 and a rental value of £1,394 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,450 and a rental value of £1,235 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Gelding Mews, Ipswich has declined by £9,846 (3.2%), while its estimated rental value has climbed by £37 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 5.2%.
Energy Efficiency
5, Gelding Mews, Ipswich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Aug 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 5, Gelding Mews, Ipswich was last sold on 13th June 2023 for £330,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has dropped by 8.9%.
- Sold Jun 2023£330,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Gelding Mews, Ipswich within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 3, Gelding Mews, Ipswich, IP8 3FT, a freehold house which sold for £325,000 on the 7th October 2022.
Read more about house prices in IP8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Gelding Mews, Sproughton, Ipswich, IP8 has a total of 7 addresses. According to our analysis of all the public data, 5, Gelding Mews, Ipswich is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £25k less expensive than the average property in IP8.
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Schools Nearby
- 800mSprites Primary Academy
- 1.4kmSproughton Church of England Primary School
- 1.5kmThe Oaks Primary School
- 2.0kmChantry Academy
- 3.3kmWestbourne Academy
- 3.4kmStoke High School - Ormiston Academy
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Public Transport Nearby
The closest station to 5, Gelding Mews, Ipswich is Ipswich station, which is 3.1 kilometres away.
- 3.1kmIpswich
- 5.7kmDerby Road (Ipswich)
- 5.8kmWesterfield
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
