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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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According to the public record, Flat 12, 2, Back Hamlet, Ipswich is a modern leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 12, 2, Back Hamlet, Ipswich is £80,751 and the estimated rental value is £541 per month.
The apartment is within 2, Back Hamlet, Ipswich, IP3.
Back Hamlet, Ipswich, IP3 is located in the borough of Ipswich within the IP3 postal district.
Flat 12, 2, Back Hamlet, Ipswich has 3 entries in the Land Registry , most recently in August 2016 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 Flat 12, 2, Back Hamlet, Ipswich is in very good condition we estimate a sale value of £84,789 and a rental value of £568 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £75,098 and a rental value of £503 per month.
Over the last 12 months the sale value of Flat 12 2 Back Hamlet Ipswich has decreased by an estimated £3,065 (3.8%) and its rental value has increased by an estimated £15 per month (2.8%), giving an expected gross yield of 8%.
Flat 12, 2, Back Hamlet, Ipswich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Jan 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 12, 2, Back Hamlet, Ipswich was last sold on 19th August 2016 for £81,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2016, the market for similar properties has risen 25.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, 2, Back Hamlet, Ipswich within a radius of 390 metres over the last 2 years.
The most recent example is Flat 5, 2, Back Hamlet, Ipswich, IP3 8AJ, a leasehold flat which sold for £63,000 on the 21st June 2024.
Read more about house prices in IP3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Back Hamlet, Ipswich, IP3 has a total of 138 addresses. According to our analysis of all the public data, Flat 12, 2, Back Hamlet, Ipswich is the 133rd largest and the 135th most expensive property on the street.
When compared to the postcode district it is £206k less expensive than the average property in IP3.
The closest station to Flat 12, 2, Back Hamlet, Ipswich is Derby Road (Ipswich) station which is 1.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 12, 2, Back Hamlet, Ipswich, 57.9% of property is privately rented and 16.7% 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 12, 2, Back Hamlet, Ipswich, 18.3% of residents are recorded as possessing school level qualifications and 33.8% 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 12, 2, Back Hamlet, Ipswich, the average age was 38.2 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 12, 2, Back Hamlet, Ipswich, 0.0% 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 12, 2, Back Hamlet, Ipswich, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
