6, Millers Way
6, Millers Way
Description & Estimates
The public record describes 6, Millers Way, Ipswich as a modern apartment with 613 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
6, Millers Way, Ipswich has an estimated sale value of £165,762 and an estimated rental value of £745 per month, assuming reasonable condition and based on the information available.
Millers Way, Otley, Ipswich, IP6 lies in the borough of East Suffolk, within the IP6 postal district.
Our Data Sources
6, Millers Way, Ipswich has no records in the the Land Registry and a single entry in the EPC database dated May 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 6, Millers Way, Ipswich would be worth £174,050, with a potential rental value of £782 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £154,159, with a rental value of £693 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 6, Millers Way, Ipswich has decreased by £5,193 (3.1%) over the last year. During the same period, its estimated monthly rental value has grown by £25 (3.4%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
6, Millers Way, Ipswich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 May 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 5.1 kilometres of 6, Millers Way, Ipswich across the last 2 years.
Most recently, 2, Millers Way, Ipswich, IP6 9HF, a leasehold flat, sold at £834,000 on the 6th August 2021.
Read more about house prices in IP6.
•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 6, Millers Way, Ipswich as the 28th largest and the 28th most expensive of the 30 addresses on Millers Way, Otley, Ipswich, IP6.
Against the IP6 postcode district average, it is £164k less expensive than the typical property.
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Schools Nearby
- 400mOtley Primary School
- 3.3kmWitnesham Primary School
- 4.0kmHelmingham Primary School and Nursery
- 8.1kmFarlingaye High School
- 8.5kmClaydon High School
- 8.8kmDebenham High School
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Public Transport Nearby
Westerfield station is the nearest stop to 6, Millers Way, Ipswich at 8.5 kilometres away.
- 8.5kmWesterfield
- 9.6kmWoodbridge
- 9.7kmMelton (Suffolk)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
