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By comparing it to neighbours, we estimate that it is a modern house with 787 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Bosmere Cottage, Ipswich is £478,623 and the estimated rental value is £1,648 per month.
Offton, Ipswich, IP8 is located in the borough of Mid Suffolk within the IP8 postal district.
Bosmere Cottage, Ipswich has a single entry in the Land Registry from October 2024 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 Bosmere Cottage, Ipswich is in very good condition we estimate a sale value of £502,554 and a rental value of £1,730 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £445,119 and a rental value of £1,532 per month.
Over the last 12 months the sale value of Bosmere Cottage Ipswich has decreased by an estimated £20,322 (4.2%) and its rental value has increased by an estimated £42 per month (2.6%), giving an expected gross yield of 4.1%.
According to HM Land Registry, Bosmere Cottage, Ipswich was last sold on 15th October 2024 for £400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2024, the market for similar properties has dropped 3.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Bosmere Cottage, Ipswich within a radius of 4.1 kilometres over the last 2 years.
The most recent example is Rosewood Cottage, Ipswich, IP8 4RT, a freehold house which sold for £390,000 on the 17th January 2024.
Read more about house prices in IP8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Offton, Ipswich, IP8 has a total of 48 addresses. According to our analysis of all the public data, Bosmere Cottage, Ipswich is the 36th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £153k more expensive than the average property in IP8.
The closest station to Bosmere Cottage, Ipswich is Needham Market station which is 6.7 kilometres away.
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 Bosmere Cottage, Ipswich, 53.7% of property is privately owned outright and 26.9% 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 Bosmere Cottage, Ipswich, 16.8% of residents are recorded as possessing school level qualifications and 30.2% 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 Bosmere Cottage, Ipswich, the average age was 41.7 and the most common age was 27.
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 Bosmere Cottage, Ipswich, 3.1% 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 Bosmere Cottage, Ipswich, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.