8, Millers Way
8, Millers Way
Description & Estimates
According to the public record, 8, Millers Way, Ipswich is a modern apartment with 645 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, Millers Way, Ipswich is £170,024 and the estimated rental value is £760 per month.
Millers Way, Otley, Ipswich, IP6 is located in the borough of East Suffolk within the IP6 postal district.
Our Data Sources
8, Millers Way, Ipswich has no 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 1 out of 5 and is considered of low 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, Millers Way, Ipswich is in very good condition we estimate a sale value of £178,525 and a rental value of £798 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,122 and a rental value of £707 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Millers Way, Ipswich has fallen by £5,327 (3.1%), while its estimated rental value has moved up by £26 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 5.4%.
Energy Efficiency
8, Millers Way, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jan 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 8, Millers Way, Ipswich within a radius of 5.1 kilometres over the last 2 years.
The most recent example is 2, Millers Way, Ipswich, IP6 9HF, a leasehold flat which sold for £834,000 on the 6th August 2021.
Read more about house prices in IP6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Millers Way, Otley, Ipswich, IP6 has a total of 30 addresses. According to our analysis of all the public data, 8, Millers Way, Ipswich is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in IP6.
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Schools Nearby
- 400mOtley Primary School
- 3.3kmWitnesham Primary School
- 4.0kmHelmingham Primary School and Nursery
- 8.1kmFarlingaye High School
- 8.5kmClaydon High School
- 8.8kmDebenham High School
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Public Transport Nearby
The closest station to 8, Millers Way, Ipswich is Westerfield station, which is 8.5 kilometres away.
- 8.5kmWesterfield
- 9.6kmWoodbridge
- 9.7kmMelton (Suffolk)
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
