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According to the public record, 5 The Winerack, Ipswich is a modern leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 5 The Winerack, Ipswich is £254,859 and the estimated rental value is £1,029 per month.
The apartment is within The Winerack, Key Street, Ipswich, IP4.
Key Street, Ipswich, IP4 is located in the borough of Ipswich within the IP4 postal district.
5 The Winerack, Ipswich has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated June 2019.
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.
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 The Winerack, Ipswich is in very good condition we estimate a sale value of £267,601 and a rental value of £1,080 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,018 and a rental value of £957 per month.
Over the past 12 months, the estimated sale value of 5 The Winerack, Ipswich has fallen by £10,218 (4.0%), while its estimated rental value has moved up by £23 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 4.8%.
5 The Winerack, Ipswich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jun 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, 5 The Winerack, Ipswich was last sold on 5th July 2019 for £161,270 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2019, the market for similar properties has dropped by 10.8%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 The Winerack, Ipswich within a radius of 370 metres over the last 2 years.
The most recent example is 25 The Winerack, Key Street, Ipswich, IP4 1FA, a leasehold flat which sold for £145,000 on the 29th November 2024.
Read more about house prices in IP4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Key Street, Ipswich, IP4 has a total of 160 addresses. According to our analysis of all the public data, 5 The Winerack, Ipswich is the 59th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in IP4.
The closest station to 5 The Winerack, Ipswich is Ipswich station, which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5 The Winerack, Ipswich, % of property is and % is .
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 The Winerack, Ipswich, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 The Winerack, Ipswich, 0.0% 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 The Winerack, Ipswich, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.