9, Millers Way
9, Millers Way
Description & Estimates
9, Millers Way, Ipswich is recorded publicly as a modern freehold house across 1,216 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 9, Millers Way, Ipswich is £408,707 and its rental estimate is £1,400 per month, given the available information and assuming reasonable condition.
Millers Way, Otley, Ipswich, IP6 falls within the IP6 postal district, in the borough of East Suffolk.
Our Data Sources
9, Millers Way, Ipswich has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated December 2020.
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
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 9, Millers Way, Ipswich, we estimate a market value of £429,142 and a rental value of £1,470 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £380,097 and £1,302 per month respectively.
Recent Market Change
Over the last year, 9, Millers Way, Ipswich has seen its estimated sale value decline by £16,661 (4.1%) and its estimated rental value climb by £29 per month (2.0%). This results in an estimated gross rental yield of 4.1%.
Energy Efficiency
9, Millers Way, Ipswich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Dec 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
Sold Prices
The most recent sale of 9, Millers Way, Ipswich completed on 16th December 2020 at £425,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 5.8% over the period since December 2020.
- Sold Dec 2020£425,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 9, Millers Way, Ipswich have sold within a radius of 5.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th June 2021, was 11, Millers Way, Ipswich, IP6 9HF, a freehold house which sold for £407,500.
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
Of the 30 addresses on Millers Way, Otley, Ipswich, IP6, 9, Millers Way, Ipswich comes out as the 15th largest and the 15th most expensive in our analysis of the public data.
It is also £79k more expensive than the average property across the IP6 district.
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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
From 9, Millers Way, Ipswich, the nearest station is Westerfield, 8.5 kilometres away.
- 8.5kmWesterfield
- 9.6kmWoodbridge
- 9.7kmMelton (Suffolk)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
