8 Merrill Heights, Maidenhall Approach
8 Merrill Heights, Maidenhall Approach
Description & Estimates
Public records show 8 Merrill Heights, Maidenhall Approach, Ipswich to be a modern leasehold apartment with 613 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
8 Merrill Heights, Maidenhall Approach, Ipswich has an estimated sale value of £111,399 and an estimated rental value of £705 per month, assuming reasonable condition and based on the information available.
The apartment sits within 8, Maidenhall Approach, Ipswich, IP2.
Maidenhall Approach, Ipswich, IP2 lies in the borough of Ipswich, within the IP2 postal district.
Our Data Sources
8 Merrill Heights, Maidenhall Approach, Ipswich has a single entry in the Land Registry from June 2007 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 8 Merrill Heights, Maidenhall Approach, Ipswich would be worth £116,969, with a potential rental value of £740 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £103,602, with a rental value of £656 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8 Merrill Heights, Maidenhall Approach, Ipswich has dropped by £3,019 (2.7%) over the last year. During the same period, its estimated monthly rental value has risen by £24 (3.3%). The property's estimated gross yield is currently 7.6%.
Energy Efficiency
8 Merrill Heights, Maidenhall Approach, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
8 Merrill Heights, Maidenhall Approach, Ipswich last changed hands on 8th June 2007, selling for £144,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 3.7% since June 2007.
- Sold Jun 2007£144,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 500 metres of 8 Merrill Heights, Maidenhall Approach, Ipswich across the last 2 years.
Most recently, 44, Worsdell Close, Ipswich, IP2 8GR, a leasehold flat, sold at £115,000 on the 9th February 2024.
Read more about house prices in IP2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 8 Merrill Heights, Maidenhall Approach, Ipswich as the 76th largest and the 102nd most expensive of the 109 addresses on Maidenhall Approach, Ipswich, IP2.
Against the IP2 postcode district average, it is £98k less expensive than the typical property.
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Schools Nearby
- 100mHillside Primary School
- 600mHalifax Primary School
- 1.1kmSt Mark's Catholic Primary School
- 300mStoke High School - Ormiston Academy
- 1.3kmChantry Academy
- 3.1kmIpswich Academy
More reading links
Public Transport Nearby
Ipswich station is the nearest stop to 8 Merrill Heights, Maidenhall Approach, Ipswich at 600 metres away.
- 600mIpswich
- 2.4kmDerby Road (Ipswich)
- 4.1kmWesterfield
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
