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According to the public record, 62, Melbourne Road, Ipswich is a early-century freehold house with 2,163 ft2 of internal area and sits on a 614 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 62, Melbourne Road, Ipswich is £490,887 and the estimated rental value is £1,711 per month.
Melbourne Road, Ipswich, IP4 is located in the borough of Ipswich within the IP4 postal district.
62, Melbourne Road, Ipswich has 21 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 62, Melbourne Road, Ipswich is in very good condition we estimate a sale value of £515,432 and a rental value of £1,797 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £456,525 and a rental value of £1,591 per month.
Over the last 12 months the sale value of 62 Melbourne Road Ipswich has decreased by an estimated £24,755 (5.0%) and its rental value has increased by an estimated £25 per month (1.5%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 62, Melbourne Road, Ipswich sits on a plot of 614m2.
We have plot size data on 50 out of 55 other houses in the postcode and 62, Melbourne Road, Ipswich sits on the 8th largest plot.
62, Melbourne Road, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 62, Melbourne Road, Ipswich was last sold on 30th April 2021 for £475,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2021, the market for similar properties has dropped 18.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Melbourne Road, Ipswich within a radius of 860 metres over the last 2 years.
The most recent example is 2, Lattice Avenue, Ipswich, IP4 5LJ, a freehold house which sold for £588,500 on the 21st July 2023.
Read more about house prices in IP4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Road, Ipswich, IP4 has a total of 64 addresses. According to our analysis of all the public data, 62, Melbourne Road, Ipswich is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £215k more expensive than the average property in IP4.
The closest station to 62, Melbourne Road, Ipswich is Derby Road (Ipswich) station which is 1.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 62, Melbourne Road, Ipswich, 54.4% of property is privately owned outright and 38.4% is privately owned with a mortgage.
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 62, Melbourne Road, Ipswich, 22.7% of residents are recorded as possessing school level qualifications and 33.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 62, Melbourne Road, Ipswich, the average age was 45.3 and the most common age was 57.
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 62, Melbourne Road, Ipswich, 0.3% 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 62, Melbourne Road, Ipswich, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
