Flat 14, 331 Road
Flat 14, 331 Road
Description & Estimates
Flat 14, 331 Road, Ipswich is recorded publicly as a modern leasehold apartment across 538 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 14, 331 Road, Ipswich is £126,949 and its rental estimate is £670 per month, given the available information and assuming reasonable condition.
331, London Road is a residential building on London Road, Ipswich, IP2 and falls within the IP2 postal district and the borough of Ipswich.
Our Data Sources
Flat 14, 331 Road, Ipswich has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated August 2020.
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 14, 331 Road, Ipswich, we estimate a market value of £133,296 and a rental value of £704 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £118,063 and £623 per month respectively.
Recent Market Change
Over the last year, Flat 14, 331 Road, Ipswich has seen its estimated sale value fall by £3,440 (2.7%) and its estimated rental value move up by £22 per month (3.3%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 14, 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.
Sold Prices
The most recent sale of Flat 14, 331 Road, Ipswich completed on 9th June 2021 at £119,995 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 dropped by 5.2% over the period since June 2021.
- Sold Jun 2021£119,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 14, 331 Road, Ipswich have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th June 2021, was Flat 11, 331, London Road, Ipswich, IP2 0BG, a leasehold flat which sold for £118,995.
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
Of the 116 addresses on London Road, Ipswich, IP2, Flat 14, 331 Road, Ipswich comes out as the 106th largest and the 112th most expensive in our analysis of the public data.
It is also £83k less expensive than the average property across the IP2 district.
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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
From Flat 14, 331 Road, Ipswich, the nearest station is Ipswich, 1.5 kilometres away.
- 1.5kmIpswich
- 4.1kmDerby Road (Ipswich)
- 4.4kmWesterfield
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
