Flat 1602, 23
Flat 1602, 23
Description & Estimates
Flat 1602, 23, Franciscan Way, Ipswich appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 498 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1602, 23, Franciscan Way, Ipswich is £108,125 and its rental estimate is £740 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 1602, 23, Franciscan Way, Ipswich has a single entry in the Land Registry from February 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 1602, 23, Franciscan Way, Ipswich, we estimate a market value of £113,531 and a rental value of £777 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £100,556 and £688 per month respectively.
Recent Market Change
Over the last year, Flat 1602, 23, Franciscan Way, Ipswich has seen its estimated sale value move down by £2,526 (2.3%) and its estimated rental value increase by £25 per month (3.4%). This results in an estimated gross rental yield of 8.2%.
Sold Prices
The most recent sale of Flat 1602, 23, Franciscan Way, Ipswich completed on 11th February 2011 at £50,000 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 risen by 30.5% over the period since February 2011.
- Sold Feb 2011£50,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1602, 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 March 2026, was Flat 7, 34, Foundation Street, Ipswich, IP4 1BX, a leasehold flat which sold for £100,000.
Read more about house prices in IP1.
- Sold Mar 2026£100,000 | 1 Bed Flat34, Foundation StreetFlat 7, 34, Foundation Street, Ipswich, IP4 1BX
- Sold Mar 2024£85,000 | 2 Bed FlatDock Street21 Stokebridge Maltings, Dock Street, Ipswich, IP2 8EU
- Sold Aug 2023£76,000 | 2 Bed Flat23, Franciscan WayFlat 801, 23, Franciscan Way, Ipswich, IP1 1NB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 130 addresses on Franciscan Way, Ipswich, IP1, Flat 1602, 23, Franciscan Way, Ipswich comes out as the 4th largest and the 18th most expensive in our analysis of the public data.
It is also £130k less expensive than the average property across the IP1 district.
More reading links
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 1602, 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.
