8, Meridian Rise
8, Meridian Rise
Description & Estimates
According to the public record, 8, Meridian Rise, Ipswich is a modern leasehold apartment with 850 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, Meridian Rise, Ipswich is £163,845 and the estimated rental value is £814 per month.
Meridian Rise, Ipswich, IP4 is located in the borough of Ipswich within the IP4 postal district.
Our Data Sources
8, Meridian Rise, Ipswich has 2 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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, Meridian Rise, Ipswich is in very good condition we estimate a sale value of £172,037 and a rental value of £855 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,376 and a rental value of £757 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Meridian Rise, Ipswich has moved down by £5,559 (3.4%), while its estimated rental value has increased by £24 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
8, Meridian Rise, Ipswich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 8, Meridian Rise, Ipswich was last sold on 23rd November 2018 for £130,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2018, the market for similar properties has dropped by 15.0%.
- Sold Nov 2018£130,000
- Sold Oct 2010£119,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Meridian Rise, Ipswich within a radius of 460 metres over the last 2 years.
The most recent example is 103, Meridian Rise, Ipswich, IP4 2GF, a leasehold flat which sold for £157,000 on the 29th February 2024.
Read more about house prices in IP4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Meridian Rise, Ipswich, IP4 has a total of 117 addresses. According to our analysis of all the public data, 8, Meridian Rise, Ipswich is the 53rd largest and the 75th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in IP4.
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Schools Nearby
- 500mSt Mary's Catholic Primary School, Ipswich
- 600mSt Helen's Primary School
- 700mSt Margaret's Church of England Voluntary Aided Primary School, Ipswich
- 1.3kmNorthgate High School
- 1.9kmCopleston High School
- 2.1kmSt Alban's Catholic High School
More reading links
Public Transport Nearby
The closest station to 8, Meridian Rise, Ipswich is Derby Road (Ipswich) station, which is 1.6 kilometres away.
- 1.6kmDerby Road (Ipswich)
- 2.1kmWesterfield
- 2.1kmIpswich
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
