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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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Flat 1, 9, Elm Street, Ipswich is recorded publicly as a modern leasehold apartment across 215 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 1, 9, Elm Street, Ipswich is £74,698 and its rental estimate is £495 per month, given the available information and assuming reasonable condition.
9, Elm Street is a residential building on Elm Street, Ipswich, IP1 and falls within the IP1 postal district and the borough of Ipswich.
Flat 1, 9, Elm Street, Ipswich has a single entry in the Land Registry from March 2008 and a single entry in the EPC database dated April 2019.
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.
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 Flat 1, 9, Elm Street, Ipswich, we estimate a market value of £78,433 and a rental value of £520 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £69,469 and £460 per month respectively.
Over the last year, Flat 1, 9, Elm Street, Ipswich has seen its estimated sale value drop by £1,587 (2.1%) and its estimated rental value rise by £18 per month (3.6%). This results in an estimated gross rental yield of 8.0%.
Flat 1, 9, Elm Street, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of Flat 1, 9, Elm Street, Ipswich completed on 4th March 2008 at £65,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 40.9% over the period since March 2008.
Over the past 2 years 3 properties have sold within 450 metres of Flat 1, 9, Elm Street, Ipswich, per the Land Registry and our network of Estate Agents.
The latest, on the 8th July 2022, was Flat 7, 9, Elm Street, Ipswich, IP1 1EW, a leasehold flat which sold for £99,950.
Read more about house prices in IP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 100 addresses on Elm Street, Ipswich, IP1, Flat 1, 9, Elm Street, Ipswich comes out as the 100th largest and the 100th most expensive in our analysis of the public data.
It is also £163k less expensive than the average property across the IP1 district.
From Flat 1, 9, Elm Street, Ipswich, the nearest station is Ipswich, 900 metres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 9, Elm Street, Ipswich, 71.5% of property is privately rented and 15.4% 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 Flat 1, 9, Elm Street, Ipswich, 11.7% of residents are recorded as possessing school level qualifications and 44.4% 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, 9, Elm Street, Ipswich, the average age was 36.3 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 Flat 1, 9, Elm Street, Ipswich, 2.4% 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, 9, Elm Street, Ipswich, there are an average of 0.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
