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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
According to the public record, 556A, Spring Road, Ipswich is a period Leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 556A, Spring Road, Ipswich is £165,188 and the estimated rental value is £659 per month.
The apartment is within 556, Spring Road, Ipswich, IP4.
Spring Road, Ipswich, IP4 is located in the borough of Ipswich within the IP4 postal district.
556A, Spring Road, Ipswich has a single entry in the Land Registry from November 2013 and a single entry in the EPC database dated April 2024.
We combine this information with that 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.
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 556A, Spring Road, Ipswich is in very good condition we estimate a sale value of £173,447 and a rental value of £692 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,625 and a rental value of £613 per month.
Over the last 12 months the sale value of 556A Spring Road Ipswich has decreased by an estimated £6,101 (3.7%) and its rental value has increased by an estimated £20 per month (3.0%), giving an expected gross yield of 4.8%.
556A, Spring Road, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 556A, Spring Road, Ipswich was last sold on 28th November 2013 for £120,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2013, the market for similar properties has risen 69.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 490 metres radius of 556A, Spring Road, Ipswich over the last 2 years.
The most recent example is 14, Britannia Road, Ipswich, IP4 5LE, a freehold house which sold for £250,000 on the 2nd September 2022.
Read more about house prices in IP4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Road, Ipswich, IP4 has a total of 416 addresses. According to our analysis of all the public data, 556A, Spring Road, Ipswich is the 390th largest and the 323rd most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in IP4.
The closest station to 556A, Spring Road, Ipswich is Derby Road (Ipswich) station which is 1.1 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 556A, Spring Road, Ipswich, 41.4% of property is privately rented and 32.6% 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 556A, Spring Road, Ipswich, 21.8% of residents are recorded as possessing school level qualifications and 29.5% 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 556A, Spring Road, Ipswich, the average age was 38.6 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 556A, Spring Road, Ipswich, 0.0% 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 556A, Spring Road, Ipswich, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
