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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 13, 1, Mimas Way, Ipswich is a modern leasehold apartment with 516 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 13, 1, Mimas Way, Ipswich is £139,247 and the estimated rental value is £767 per month.
The apartment is within 1, Mimas Way, Ipswich, IP1.
Mimas Way, Ipswich, IP1 is located in the borough of Ipswich within the IP1 postal district.
Flat 13, 1, Mimas Way, Ipswich has 2 entries in the Land Registry , most recently in December 2024 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 13, 1, Mimas Way, Ipswich is in very good condition we estimate a sale value of £146,210 and a rental value of £806 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,500 and a rental value of £714 per month.
Over the last 12 months the sale value of Flat 13 1 Mimas Way Ipswich has decreased by an estimated £3,253 (2.3%) and its rental value has increased by an estimated £26 per month (3.4%), giving an expected gross yield of 6.6%.
Flat 13, 1, Mimas Way, Ipswich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Mar 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 13, 1, Mimas Way, Ipswich was last sold on 5th December 2024 for £125,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2024, the market for similar properties has dropped 11.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 13, 1, Mimas Way, Ipswich within a radius of 700 metres over the last 2 years.
The most recent example is Flat 1, 2, Mimas Way, Ipswich, IP1 5FD, a leasehold flat which sold for £136,000 on the 28th March 2025.
Read more about house prices in IP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mimas Way, Ipswich, IP1 has a total of 91 addresses. According to our analysis of all the public data, Flat 13, 1, Mimas Way, Ipswich is the 89th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in IP1.
The closest station to Flat 13, 1, Mimas Way, Ipswich is Ipswich station which is 2.7 kilometres away.
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 13, 1, Mimas Way, Ipswich, 44.2% of property is socially rented and 37.8% 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 13, 1, Mimas Way, Ipswich, 21.4% of residents are recorded as possessing school level qualifications and 25.0% 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 13, 1, Mimas Way, Ipswich, the average age was 37.2 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 13, 1, Mimas Way, 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 13, 1, Mimas Way, Ipswich, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
