7, Lummis Vale
7, Lummis Vale
Description & Estimates
7, Lummis Vale, Ipswich is recorded publicly as a modern freehold house across 2,088 ft2 of internal area, sitting on a 440 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 7, Lummis Vale, Ipswich is £508,323 and its rental estimate is £2,028 per month, given the available information and assuming reasonable condition.
Lummis Vale, Kesgrave, Ipswich, IP5 falls within the IP5 postal district, in the borough of East Suffolk.
Our Data Sources
7, Lummis Vale, Ipswich has 21 entries in the Land Registry , most recently in September 2016 and a single entry in the EPC database dated March 2016.
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.
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 7, Lummis Vale, Ipswich, we estimate a market value of £533,739 and a rental value of £2,130 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £472,740 and £1,886 per month respectively.
Recent Market Change
Over the last year, 7, Lummis Vale, Ipswich has seen its estimated sale value fall by £23,196 (4.6%) and its estimated rental value move up by £30 per month (1.5%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 7, Lummis Vale, Ipswich as measuring 440 m2.
That makes it the 4th largest plot in the postcode, where 41 of the 46 other houses have recorded plot data.
Energy Efficiency
7, Lummis Vale, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Lummis Vale, Ipswich completed on 23rd September 2016 at £395,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 29.8% over the period since September 2016.
- Sold Sep 2016£395,000
- Sold Jun 2002£182,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Lummis Vale, Ipswich have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th July 2023, was 42, Bull Drive, Ipswich, IP5 2BS, a freehold house which sold for £525,000.
Read more about house prices in IP5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 46 addresses on Lummis Vale, Kesgrave, Ipswich, IP5, 7, Lummis Vale, Ipswich comes out as the 2nd largest and the most expensive in our analysis of the public data.
It is also £219k more expensive than the average property across the IP5 district.
More reading links
Schools Nearby
- 400mCedarwood Primary School
- 700mHeath Primary School, Kesgrave
- 1.5kmGorseland Primary School
- 800mKesgrave High School
- 2.9kmSt Alban's Catholic High School
- 3.3kmCopleston High School
More reading links
Public Transport Nearby
From 7, Lummis Vale, Ipswich, the nearest station is Derby Road (Ipswich), 4.2 kilometres away.
- 4.2kmDerby Road (Ipswich)
- 5.6kmWesterfield
- 6.2kmWoodbridge
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.
