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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, 8, Fairlight Close, Ipswich is a mid-century leasehold apartment with 656 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, Fairlight Close, Ipswich is £138,124 and the estimated rental value is £702 per month.
Fairlight Close, Ipswich, IP4 is located in the borough of Ipswich within the IP4 postal district.
8, Fairlight Close, Ipswich has a single entry in the Land Registry from February 2007 and a single entry in the EPC database dated October 2014.
We combine this information with that 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 8, Fairlight Close, Ipswich is in very good condition we estimate a sale value of £145,030 and a rental value of £737 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,456 and a rental value of £653 per month.
Over the last 12 months the sale value of 8 Fairlight Close Ipswich has decreased by an estimated £5,519 (4.0%) and its rental value has increased by an estimated £19 per month (2.7%), giving an expected gross yield of 6.1%.
8, Fairlight Close, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Fairlight Close, Ipswich was last sold on 27th February 2007 for £101,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2007, the market for similar properties has risen 21.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Fairlight Close, Ipswich within a radius of 780 metres over the last 2 years.
The most recent example is 342, Sidegate Lane, Ipswich, IP4 3DW, a leasehold flat which sold for £147,500 on the 9th October 2023.
Read more about house prices in IP4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairlight Close, Ipswich, IP4 has a total of 6 addresses. According to our analysis of all the public data, 8, Fairlight Close, Ipswich is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in IP4.
The closest station to 8, Fairlight Close, Ipswich is Westerfield station which is 1.7 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 8, Fairlight Close, Ipswich, 35.5% of property is privately owned outright and 29.8% 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, Fairlight Close, Ipswich, 25.6% of residents are recorded as possessing school level qualifications and 22.6% 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, Fairlight Close, Ipswich, the average age was 40.1 and the most common age was 12.
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, Fairlight Close, Ipswich, 0.6% 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, Fairlight Close, Ipswich, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
