Flat 12, 331 Road
Flat 12, 331 Road
Description & Estimates
The public record describes Flat 12, 331 Road, Ipswich as a modern apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 12, 331 Road, Ipswich has an estimated sale value of £126,949 and an estimated rental value of £670 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.
Our Data Sources
Flat 12, 331 Road, Ipswich has no records in the the Land Registry and a single entry in the EPC database dated August 2020.
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.
Price Range & Condition
In very good condition, we estimate Flat 12, 331 Road, Ipswich would be worth £133,296, with a potential rental value of £704 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £118,063, with a rental value of £623 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 12, 331 Road, Ipswich has decreased by £3,440 (2.7%) over the last year. During the same period, its estimated monthly rental value has grown by £22 (3.3%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
Flat 12, 331 Road, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 650 metres of Flat 12, 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.
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Location Comparison
Our analysis of the public data ranks Flat 12, 331 Road, Ipswich as the 108th largest and the 114th most expensive of the 116 addresses on London Road, Ipswich, IP2.
Against the IP2 postcode district average, it is £83k less expensive than the typical property.
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Schools Nearby
- 400mThe Oaks Primary School
- 800mSt Mark's Catholic Primary School
- 800mRanelagh Primary School
- 800mChantry Academy
- 2.0kmStoke High School - Ormiston Academy
- 2.5kmWestbourne Academy
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Public Transport Nearby
Ipswich station is the nearest stop to Flat 12, 331 Road, Ipswich at 1.5 kilometres away.
- 1.5kmIpswich
- 4.1kmDerby Road (Ipswich)
- 4.4kmWesterfield
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
