5, Melrose Gardens
5, Melrose Gardens
Description & Estimates
The public record describes 5, Melrose Gardens, Ipswich as a modern house with 645 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Melrose Gardens, Ipswich has an estimated sale value of £159,964 and an estimated rental value of £863 per month, assuming reasonable condition and based on the information available.
Melrose Gardens, Ipswich, IP4 lies in the borough of Ipswich, within the IP4 postal district.
Our Data Sources
5, Melrose Gardens, Ipswich has no records in the the Land Registry and a single entry in the EPC database dated May 2024.
We combine this information with public data 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
In very good condition, we estimate 5, Melrose Gardens, Ipswich would be worth £167,962, with a potential rental value of £906 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £148,766, with a rental value of £802 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Melrose Gardens, Ipswich has dropped by £5,539 (3.5%) over the last year. During the same period, its estimated monthly rental value has risen by £24 (2.8%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
5, Melrose Gardens, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 May 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 650 metres of 5, Melrose Gardens, Ipswich across the last 2 years.
Most recently, 103, Schreiber Road, Ipswich, IP4 4NJ, a freehold house, sold at £115,000 on the 19th March 2013.
Read more about house prices in IP4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 5, Melrose Gardens, Ipswich as the 6th largest and the 6th most expensive of the 12 addresses on Melrose Gardens, Ipswich, IP4.
Against the IP4 postcode district average, it is £117k less expensive than the typical property.
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Schools Nearby
- 300mRushmere Hall Primary School
- 600mSidegate Primary School
- 700mSt John's Church of England Voluntary Aided Primary School, Ipswich
- 700mNorthgate High School
- 900mSt Alban's Catholic High School
- 1.6kmCopleston High School
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Public Transport Nearby
Derby Road (Ipswich) station is the nearest stop to 5, Melrose Gardens, Ipswich at 2.0 kilometres away.
- 2.0kmDerby Road (Ipswich)
- 2.1kmWesterfield
- 3.6kmIpswich
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
