Flat 1004, 23
Flat 1004, 23
Description & Estimates
Flat 1004, 23, Franciscan Way, Ipswich is recorded publicly as a modern leasehold apartment across 258 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 1004, 23, Franciscan Way, Ipswich is £77,905 and its rental estimate is £533 per month, given the available information and assuming reasonable condition.
23, Franciscan Way is a residential building on Franciscan Way, Ipswich, IP1 and falls within the IP1 postal district and the borough of Ipswich.
Our Data Sources
Flat 1004, 23, Franciscan Way, Ipswich has 2 entries in the Land Registry , most recently in April 2014 and a single entry in the EPC database dated June 2016.
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 Flat 1004, 23, Franciscan Way, Ipswich, we estimate a market value of £81,800 and a rental value of £560 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £72,451 and £496 per month respectively.
Recent Market Change
Over the last year, Flat 1004, 23, Franciscan Way, Ipswich has seen its estimated sale value decrease by £1,655 (2.1%) and its estimated rental value grow by £19 per month (3.6%). This results in an estimated gross rental yield of 8.2%.
Energy Efficiency
Flat 1004, 23, Franciscan Way, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jun 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 1004, 23, Franciscan Way, Ipswich completed on 3rd April 2014 at £55,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 55.3% over the period since April 2014.
- Sold Apr 2014£55,000
- Sold Dec 2012£40,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1004, 23, Franciscan Way, Ipswich have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th May 2018, was Flat 605, 23, Franciscan Way, Ipswich, IP1 1NA, a leasehold flat which sold for £63,500.
Read more about house prices in IP1.
- Sold May 2018£63,500 | 1 Bed FlatFlat 605, 23, Franciscan Way, Ipswich, IP1 1NAFlat 605, 23, Franciscan Way, Ipswich, IP1 1NA
- Sold Dec 2017£66,500 | 1 Bed FlatFlat 404, 23, Franciscan Way, Ipswich, IP1 1NAFlat 404, 23, Franciscan Way, Ipswich, IP1 1NA
- Sold Jun 2017£66,000 | 1 Bed FlatFlat 808, 23, Franciscan Way, Ipswich, IP1 1NBFlat 808, 23, Franciscan Way, Ipswich, IP1 1NB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 130 addresses on Franciscan Way, Ipswich, IP1, Flat 1004, 23, Franciscan Way, Ipswich comes out as the 128th largest and the 128th most expensive in our analysis of the public data.
It is also £160k less expensive than the average property across the IP1 district.
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Schools Nearby
- 500mSt Matthew's Church of England Primary School, Ipswich
- 800mSt Margaret's Church of England Voluntary Aided Primary School, Ipswich
- 1.0kmHillside Primary School
- 1.3kmStoke High School - Ormiston Academy
- 1.8kmChantry Academy
- 2.8kmNorthgate High School
More reading links
Public Transport Nearby
From Flat 1004, 23, Franciscan Way, Ipswich, the nearest station is Ipswich, 600 metres away.
- 600mIpswich
- 2.2kmDerby Road (Ipswich)
- 3.1kmWesterfield
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 low, based on Environment Agency data.
