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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
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The public record describes Flat 1, 331 Road, Ipswich as a modern apartment with 548 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, 331 Road, Ipswich has an estimated sale value of £128,111 and an estimated rental value of £675 per month, assuming reasonable condition and based on the information available.
The apartment sits within 331, London Road, Ipswich, IP2.
London Road, Ipswich, IP2 lies in the borough of Ipswich, within the IP2 postal district.
Flat 1, 331 Road, Ipswich has no records in the the Land Registry and a single entry in the EPC database dated March 2022.
We combine this information with public data 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.
In very good condition, we estimate Flat 1, 331 Road, Ipswich would be worth £134,516, with a potential rental value of £708 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £119,143, with a rental value of £627 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 1, 331 Road, Ipswich has dropped by £3,471 (2.7%) over the last year. During the same period, its estimated monthly rental value has risen by £23 (3.3%). The property's estimated gross yield is currently 6.3%.
Flat 1, 331 Road, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 650 metres of Flat 1, 331 Road, Ipswich across the last 2 years.
Most recently, Flat 14, 331, London Road, Ipswich, IP2 0BG, a leasehold flat, sold at £119,995 on the 9th June 2021.
Read more about house prices in IP2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 1, 331 Road, Ipswich as the 95th largest and the 105th most expensive of the 116 addresses on London Road, Ipswich, IP2.
Against the IP2 postcode district average, it is £82k less expensive than the typical property.
Ipswich station is the nearest stop to Flat 1, 331 Road, Ipswich at 1.5 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 331 Road, Ipswich, 44.0% of property is privately owned with a mortgage and 30.3% is privately owned outright.
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 Flat 1, 331 Road, Ipswich, 10.3% of residents are recorded as possessing school level qualifications and 21.5% 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 Flat 1, 331 Road, Ipswich, the average age was 37.7 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 Flat 1, 331 Road, Ipswich, 0.6% 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 Flat 1, 331 Road, 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.
