328B, Norwich Road
328B, Norwich Road
Description & Estimates
328B, Norwich Road, Ipswich is recorded publicly as a mid-century leasehold apartment across 761 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 328B, Norwich Road, Ipswich is £143,961 and its rental estimate is £849 per month, given the available information and assuming reasonable condition.
328, Norwich Road is a residential building on Norwich Road, Ipswich, IP1 and falls within the IP1 postal district and the borough of Ipswich.
Our Data Sources
328B, Norwich Road, Ipswich has 51 entries in the Land Registry , most recently in February 2018 and a single entry in the EPC database dated March 2021.
We combine this information with that 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.
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 328B, Norwich Road, Ipswich, we estimate a market value of £151,159 and a rental value of £891 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £133,884 and £789 per month respectively.
Recent Market Change
Over the last year, 328B, Norwich Road, Ipswich has seen its estimated sale value drop by £3,363 (2.3%) and its estimated rental value rise by £29 per month (3.4%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
328B, Norwich Road, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 328B, Norwich Road, Ipswich completed on 23rd February 2018 at £160,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 1.8% over the period since February 2018.
- Sold Feb 2018£160,000
- Sold Jun 2011£115,000
- Sold Jun 2005£124,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 328B, Norwich Road, Ipswich have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th August 2021, was 4 Framlingham Court, Valley Road, Ipswich, IP1 4EF, a leasehold flat which sold for £130,000.
Read more about house prices in IP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 699 addresses on Norwich Road, Ipswich, IP1, 328B, Norwich Road, Ipswich comes out as the 373rd largest and the 373rd most expensive in our analysis of the public data.
It is also £94k less expensive than the average property across the IP1 district.
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Schools Nearby
- 300mSpringfield Junior School
- 400mSpringfield Infant School and Nursery
- 800mHandford Hall Primary School
- 1.2kmWestbourne Academy
- 1.8kmOrmiston Endeavour Academy
- 2.7kmChantry Academy
More reading links
Public Transport Nearby
From 328B, Norwich Road, Ipswich, the nearest station is Ipswich, 2.1 kilometres away.
- 2.1kmIpswich
- 2.4kmWesterfield
- 3.7kmDerby Road (Ipswich)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
