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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 7, Prospect Street, Ipswich is a modern house with 1,915 ft2 of internal area.
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 7, Prospect Street, Ipswich is £570,506 and the estimated rental value is £2,111 per month.
Prospect Street, Ipswich, IP1 is located in the borough of Ipswich within the IP1 postal district.
7, Prospect Street, Ipswich has no records in the the Land Registry and a single entry in the EPC database dated April 2019.
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.
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 7, Prospect Street, Ipswich is in very good condition we estimate a sale value of £599,031 and a rental value of £2,217 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £530,570 and a rental value of £1,963 per month.
Over the last 12 months the sale value of 7 Prospect Street Ipswich has decreased by an estimated £31,768 (5.6%) and its rental value has increased by an estimated £30 per month (1.4%), giving an expected gross yield of 4.4%.
7, Prospect Street, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 7, Prospect Street, Ipswich within a radius of 360 metres over the last 2 years.
The most recent example is 148, Norwich Road, Ipswich, IP1 2PT, a freehold house which sold for £450,000 on the 25th August 2017.
Read more about house prices in IP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Street, Ipswich, IP1 has a total of 5 addresses. According to our analysis of all the public data, 7, Prospect Street, Ipswich is the largest and the most expensive property on the street.
When compared to the postcode district it is £336k more expensive than the average property in IP1.
The closest station to 7, Prospect Street, Ipswich is Ipswich station which is 1.2 kilometres away.
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 7, Prospect Street, Ipswich, 43.8% of property is privately rented and 20.1% is socially rented.
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 7, Prospect Street, Ipswich, 21.4% of residents are recorded as possessing school level qualifications and 26.0% 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 7, Prospect Street, Ipswich, the average age was 35.3 and the most common age was 32.
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 7, Prospect Street, Ipswich, 1.5% 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 7, Prospect Street, Ipswich, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
