5, Luff Meadow
5, Luff Meadow
Description & Estimates
5, Luff Meadow, Ipswich is recorded publicly as a modern freehold house across 484 ft2 of internal area, sitting on a 240 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5, Luff Meadow, Ipswich is £212,841 and its rental estimate is £832 per month, given the available information and assuming reasonable condition.
Luff Meadow, Needham Market, Ipswich, IP6 falls within the IP6 postal district, in the borough of Mid Suffolk.
Our Data Sources
5, Luff Meadow, Ipswich has a single entry in the Land Registry from October 2017 and a single entry in the EPC database dated July 2017.
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 5, Luff Meadow, Ipswich, we estimate a market value of £223,483 and a rental value of £874 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £197,942 and £774 per month respectively.
Recent Market Change
Over the last year, 5, Luff Meadow, Ipswich has seen its estimated sale value decrease by £6,151 (2.9%) and its estimated rental value grow by £27 per month (3.2%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 5, Luff Meadow, Ipswich as measuring 240 m2.
That makes it the 17th largest plot in the postcode, where 21 of the 26 other houses have recorded plot data.
Energy Efficiency
5, Luff Meadow, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jul 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 5, Luff Meadow, Ipswich completed on 26th October 2017 at £205,000 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 risen by 26.1% over the period since October 2017.
- Sold Oct 2017£205,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Luff Meadow, Ipswich have sold within a radius of 910 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th April 2024, was 20, Alexander Drive, Ipswich, IP6 8XG, a freehold house which sold for £245,000.
Read more about house prices in IP6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 29 addresses on Luff Meadow, Needham Market, Ipswich, IP6, 5, Luff Meadow, Ipswich comes out as the 25th largest and the 20th most expensive in our analysis of the public data.
It is also £117k less expensive than the average property across the IP6 district.
More reading links
Schools Nearby
- 800mBosmere Community Primary School
- 1.6kmCreeting St Mary Church of England Primary School
- 3.6kmTrinity Church of England Voluntary Aided Primary School
- 4.9kmStowupland High School
- 6.0kmStowmarket High School
- 7.3kmClaydon High School
More reading links
Public Transport Nearby
From 5, Luff Meadow, Ipswich, the nearest station is Needham Market, 700 metres away.
- 700mNeedham Market
- 4.9kmStowmarket
- 11.7kmWesterfield
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.
