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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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87, Medway Road, Ipswich is described in the public record as an early-century house with 1,700 ft2 of internal area, sitting on a 426 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 87, Medway Road, Ipswich is £336,200 and its rental estimate is £1,668 per month, given the available information and assuming reasonable condition.
Medway Road, Ipswich, IP3 falls within the IP3 postal district, in the borough of Ipswich.
87, Medway Road, Ipswich has no records in the the Land Registry and a single entry in the EPC database dated May 2014.
We combine this information with public data 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 87, Medway Road, Ipswich, we estimate a market value of £353,010 and a rental value of £1,751 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £312,666 and £1,551 per month respectively.
Over the last year, 87, Medway Road, Ipswich has seen its estimated sale value drop by £15,342 (4.6%) and its estimated rental value rise by £25 per month (1.5%). This results in an estimated gross rental yield of 6.0%.
HM Land Registry records the plot of land for 87, Medway Road, Ipswich as measuring 426 m2.
That makes it the 5th largest plot in the postcode, where 6 of the 9 other houses have recorded plot data.
87, Medway Road, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 87, Medway Road, Ipswich have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th July 2022, was 99, Clapgate Lane, Ipswich, IP3 0RA, a freehold house which sold for £413,000.
Read more about house prices in IP3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 84 addresses on Medway Road, Ipswich, IP3, 87, Medway Road, Ipswich comes out as the 3rd largest and the 19th most expensive in our analysis of the public data.
It is also £47k more expensive than the average property across the IP3 district.
From 87, Medway Road, Ipswich, the nearest station is Derby Road (Ipswich), 1.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 87, Medway Road, Ipswich, 62.4% of property is privately owned outright and 32.3% 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 87, Medway Road, Ipswich, 16.2% of residents are recorded as possessing school level qualifications and 24.9% 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 87, Medway Road, Ipswich, the average age was 38.2 and the most common age was 32.
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 87, Medway Road, Ipswich, 1.9% 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 87, Medway Road, Ipswich, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
