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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, Silk Street, Ipswich is a modern house with 1,291 ft2 of internal area and sits on a 166 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Silk Street, Ipswich is £303,179 and the estimated rental value is £1,275 per month.
Silk Street, Ipswich, IP4 is located in the borough of Ipswich within the IP4 postal district.
7, Silk Street, Ipswich has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2023.
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, Silk Street, Ipswich is in very good condition we estimate a sale value of £318,338 and a rental value of £1,339 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £281,956 and a rental value of £1,186 per month.
Over the last 12 months the sale value of 7 Silk Street Ipswich has decreased by an estimated £11,705 (3.9%) and its rental value has increased by an estimated £29 per month (2.3%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 7, Silk Street, Ipswich sits on a plot of 166m2.
We have plot size data on 11 out of 14 other houses in the postcode and 7, Silk Street, Ipswich sits on the 3rd largest plot.
7, Silk Street, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jan 2023.
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, 7, Silk Street, Ipswich was last sold on 31st October 2006 for £235,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Silk Street, Ipswich within a radius of 370 metres over the last 2 years.
The most recent example is 17, Orchard Street, Ipswich, IP4 2PU, a freehold house which sold for £375,000 on the 14th July 2023.
Read more about house prices in IP4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Silk Street, Ipswich, IP4 has a total of 22 addresses. According to our analysis of all the public data, 7, Silk Street, Ipswich is the 11th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £27k more expensive than the average property in IP4.
The closest station to 7, Silk Street, Ipswich is Ipswich station which is 1.4 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 7, Silk Street, Ipswich, 51.7% of property is privately rented and 37.2% 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, Silk Street, Ipswich, 11.1% of residents are recorded as possessing school level qualifications and 29.3% 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, Silk Street, Ipswich, the average age was 36.3 and the most common age was 27.
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, Silk Street, Ipswich, 0.5% 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, Silk Street, Ipswich, there are an average of 0.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
