506, Norwich Road
506, Norwich Road
Description & Estimates
Public records show 506, Norwich Road, Ipswich to be a period freehold house with 1,396 ft2 of internal area, sitting on a 809 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
506, Norwich Road, Ipswich has an estimated sale value of £353,259 and an estimated rental value of £1,413 per month, assuming reasonable condition and based on the information available.
Norwich Road, Ipswich, IP1 lies in the borough of Ipswich, within the IP1 postal district.
Our Data Sources
506, Norwich Road, Ipswich has 31 entries in the Land Registry , most recently in April 2017 and a single entry in the EPC database dated March 2010.
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
In very good condition, we estimate 506, Norwich Road, Ipswich would be worth £370,921, with a potential rental value of £1,484 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £328,530, with a rental value of £1,314 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 506, Norwich Road, Ipswich has decreased by £13,307 (3.8%) over the last year. During the same period, its estimated monthly rental value has grown by £27 (1.9%). The property's estimated gross yield is currently 4.8%.
Plot Size
506, Norwich Road, Ipswich occupies a 809 m2 plot as recorded by HM Land Registry.
Of the 22 other houses in this postcode, 18 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
506, Norwich Road, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Mar 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
506, Norwich Road, Ipswich last changed hands on 28th April 2017, selling for £345,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 19.0% since April 2017.
- Sold Apr 2017£345,000
- Sold Sep 2010£276,000
- Sold May 1996£45,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 610 metres of 506, Norwich Road, Ipswich across the last 2 years.
Most recently, 499, Norwich Road, Ipswich, IP1 6JT, a freehold house, sold at £285,000 on the 23rd March 2021.
Read more about house prices in IP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 506, Norwich Road, Ipswich as the 131st largest and the 90th most expensive of the 699 addresses on Norwich Road, Ipswich, IP1.
Against the IP1 postcode district average, it is £116k more expensive than the typical property.
More reading links
Schools Nearby
- 500mSt Pancras Catholic Primary School
- 600mWhitehouse Community Primary School
- 600mThe Beeches Community Primary School
- 500mWestbourne Academy
- 1.3kmOrmiston Endeavour Academy
- 3.4kmChantry Academy
More reading links
Public Transport Nearby
Westerfield station is the nearest stop to 506, Norwich Road, Ipswich at 2.6 kilometres away.
- 2.6kmWesterfield
- 2.9kmIpswich
- 4.6kmDerby Road (Ipswich)
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
