60, Medway Road
60, Medway Road
Description & Estimates
60, Medway Road, Ipswich is recorded publicly as an early-century freehold house across 1,022 ft2 of internal area, sitting on a 425 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 60, Medway Road, Ipswich is £279,715 and its rental estimate is £1,346 per month, given the available information and assuming reasonable condition.
Medway Road, Ipswich, IP3 falls within the IP3 postal district, in the borough of Ipswich.
Our Data Sources
60, Medway Road, Ipswich has 41 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 60, Medway Road, Ipswich, we estimate a market value of £293,700 and a rental value of £1,413 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £260,135 and £1,252 per month respectively.
Recent Market Change
Over the last year, 60, Medway Road, Ipswich has seen its estimated sale value decrease by £9,026 (3.2%) and its estimated rental value grow by £38 per month (2.9%). This results in an estimated gross rental yield of 5.8%.
Plot Size
HM Land Registry records the plot of land for 60, Medway Road, Ipswich as measuring 425 m2.
That makes it the 10th largest plot in the postcode, where 47 of the 54 other houses have recorded plot data.
Energy Efficiency
60, Medway Road, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Nov 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 60, Medway Road, Ipswich completed on 6th November 2020 at £262,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 3.5% over the period since November 2020.
- Sold Nov 2020£262,000
- Sold Apr 2008£174,825
- Sold Jun 2005£165,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 60, Medway Road, Ipswich have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th September 2024, was 87, Dereham Avenue, Ipswich, IP3 0QF, a freehold house which sold for £282,000.
Read more about house prices in IP3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 84 addresses on Medway Road, Ipswich, IP3, 60, Medway Road, Ipswich comes out as the 43rd largest and the 49th most expensive in our analysis of the public data.
It is also £9k less expensive than the average property across the IP3 district.
More reading links
Schools Nearby
- 500mCliff Lane Primary School
- 600mMurrayfield Primary - A Paradigm Academy
- 600mPiper's Vale Primary - A Paradigm Academy
- 1.4kmIpswich Academy
- 1.9kmStoke High School - Ormiston Academy
- 2.0kmCopleston High School
More reading links
Public Transport Nearby
From 60, Medway Road, Ipswich, the nearest station is Derby Road (Ipswich), 1.2 kilometres away.
- 1.2kmDerby Road (Ipswich)
- 2.4kmIpswich
- 4.5kmWesterfield
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.
