88, Vernon Street
88, Vernon Street
Description & Estimates
Public records show 88, Vernon Street, Ipswich to be a mid-century leasehold apartment with 667 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
88, Vernon Street, Ipswich has an estimated sale value of £104,164 and an estimated rental value of £686 per month, assuming reasonable condition and based on the information available.
Vernon Street, Ipswich, IP2 lies in the borough of Ipswich, within the IP2 postal district.
Our Data Sources
88, Vernon Street, Ipswich has 2 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated March 2014.
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 88, Vernon Street, Ipswich would be worth £109,372, with a potential rental value of £720 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £96,872, with a rental value of £638 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 88, Vernon Street, Ipswich has moved down by £2,822 (2.7%) over the last year. During the same period, its estimated monthly rental value has increased by £23 (3.3%). The property's estimated gross yield is currently 7.9%.
Energy Efficiency
88, Vernon Street, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
88, Vernon Street, Ipswich last changed hands on 24th November 2021, selling for £108,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 16.3% since November 2021.
- Sold Nov 2021£108,000
- Sold Nov 2014£72,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 340 metres of 88, Vernon Street, Ipswich across the last 2 years.
Most recently, 46, Vernon Street, Ipswich, IP2 8JB, a leasehold flat, sold at £116,000 on the 4th October 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 88, Vernon Street, Ipswich as the 33rd largest and the 65th most expensive of the 86 addresses on Vernon Street, Ipswich, IP2.
Against the IP2 postcode district average, it is £106k less expensive than the typical property.
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Schools Nearby
- 600mHillside Primary School
- 1.1kmSt Matthew's Church of England Primary School, Ipswich
- 1.1kmSt Helen's Primary School
- 900mStoke High School - Ormiston Academy
- 1.8kmChantry Academy
- 2.8kmCopleston High School
More reading links
Public Transport Nearby
Ipswich station is the nearest stop to 88, Vernon Street, Ipswich at 700 metres away.
- 700mIpswich
- 1.9kmDerby Road (Ipswich)
- 3.5kmWesterfield
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
