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According to the public record, 8, Downing Close, Ipswich is a modern apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Downing Close, Ipswich is £90,074 and the estimated rental value is £628 per month.
Downing Close, Ipswich, IP2 is located in the borough of Ipswich within the IP2 postal district.
8, Downing Close, Ipswich has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 8, Downing Close, Ipswich is in very good condition we estimate a sale value of £94,578 and a rental value of £659 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £83,769 and a rental value of £584 per month.
Over the last 12 months the sale value of 8 Downing Close Ipswich has decreased by an estimated £3,315 (3.7%) and its rental value has increased by an estimated £22 per month (3.5%), giving an expected gross yield of 8.4%.
8, Downing Close, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 8, Downing Close, Ipswich was last sold on 23rd May 2003 for £55,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Downing Close, Ipswich within a radius of 540 metres over the last 2 years.
The most recent example is 294, Birkfield Drive, Ipswich, IP2 9JB, a leasehold flat which sold for £96,500 on the 10th September 2024.
Read more about house prices in IP2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Downing Close, Ipswich, IP2 has a total of 76 addresses. According to our analysis of all the public data, 8, Downing Close, Ipswich is the 75th largest and the 75th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in IP2.
The closest station to 8, Downing Close, Ipswich is Ipswich station which is 1.6 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 8, Downing Close, Ipswich, 53.1% of property is socially rented and 19.5% 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 8, Downing Close, Ipswich, 32.0% of residents are recorded as possessing school level qualifications and 22.8% 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 8, Downing Close, Ipswich, the average age was 40.1 and the most common age was 7.
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 8, Downing Close, Ipswich, 0.0% 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 8, Downing Close, Ipswich, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.