7, Loraine Way
7, Loraine Way
Description & Estimates
The public record describes 7, Loraine Way, Ipswich as a period house with 1,528 ft2 of internal area, sitting on a 504 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
7, Loraine Way, Ipswich has an estimated sale value of £335,800 and an estimated rental value of £1,570 per month, assuming reasonable condition and based on the information available.
Loraine Way, Bramford, Ipswich, IP8 lies in the borough of Mid Suffolk, within the IP8 postal district.
Our Data Sources
7, Loraine Way, Ipswich has no records in the the Land Registry and a single entry in the EPC database dated August 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 7, Loraine Way, Ipswich would be worth £352,590, with a potential rental value of £1,648 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £312,294, with a rental value of £1,460 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 7, Loraine Way, Ipswich has declined by £12,636 (3.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £44 (2.8%). The property's estimated gross yield is currently 5.6%.
Plot Size
7, Loraine Way, Ipswich occupies a 504 m2 plot as recorded by HM Land Registry.
Of the 12 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
7, Loraine Way, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.9 kilometres of 7, Loraine Way, Ipswich across the last 2 years.
Most recently, 5B, Thacker Close, Ipswich, IP8 4FA, a freehold house, sold at £320,000 on the 6th September 2021.
Read more about house prices in IP8.
- Sold Sep 2021£320,000 | 4 Bed House5B, Thacker Close, Ipswich, IP8 4FA5B, Thacker Close, Ipswich, IP8 4FA
- Sold Feb 2021£335,000 | 4 Bed House32, Stoddart Road, Ipswich, IP8 4EQ32, Stoddart Road, Ipswich, IP8 4EQ
- Sold Sep 2020£335,000 | 4 Bed House38, Stoddart Road, Ipswich, IP8 4EQ38, Stoddart Road, Ipswich, IP8 4EQ
•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 7, Loraine Way, Ipswich as the largest and the 3rd most expensive of the 24 addresses on Loraine Way, Bramford, Ipswich, IP8.
Against the IP8 postcode district average, it is £6k more expensive than the typical property.
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Schools Nearby
- 1.2kmBramford Church of England Voluntary Controlled Primary School
- 2.2kmWhitehouse Community Primary School
- 2.6kmThe Beeches Community Primary School
- 2.4kmWestbourne Academy
- 2.9kmClaydon High School
- 3.2kmOrmiston Endeavour Academy
More reading links
Public Transport Nearby
Westerfield station is the nearest stop to 7, Loraine Way, Ipswich at 5.1 kilometres away.
- 5.1kmWesterfield
- 5.2kmIpswich
- 7.3kmDerby Road (Ipswich)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
