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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 2, 12, Griffiths Close, Ipswich is £169,591 and the estimated rental value is £692 per month.
The apartment is within 12, Griffiths Close, Ipswich, IP4.
Griffiths Close, Ipswich, IP4 is located in the borough of Ipswich within the IP4 postal district.
Flat 2, 12, Griffiths Close, Ipswich has a single entry in the Land Registry from December 2015 and a single entry in the EPC database dated September 2015.
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 2, 12, Griffiths Close, Ipswich is in very good condition we estimate a sale value of £178,070 and a rental value of £726 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £157,720 and a rental value of £643 per month.
Over the last 12 months the sale value of Flat 2 12 Griffiths Close Ipswich has decreased by an estimated £6,777 (4.0%) and its rental value has increased by an estimated £19 per month (2.7%), giving an expected gross yield of 4.9%.
Flat 2, 12, Griffiths Close, Ipswich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Sep 2015.
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 2, 12, Griffiths Close, Ipswich was last sold on 18th December 2015 for £162,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2015, the market for similar properties has risen 16.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 12, Griffiths Close, Ipswich within a radius of 720 metres over the last 2 years.
The most recent example is Flat 3, 12, Griffiths Close, Ipswich, IP4 3EP, a leasehold flat which sold for £171,000 on the 19th January 2024.
Read more about house prices in IP4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Griffiths Close, Ipswich, IP4 has a total of 25 addresses. According to our analysis of all the public data, Flat 2, 12, Griffiths Close, Ipswich is the 19th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in IP4.
The closest station to Flat 2, 12, Griffiths Close, Ipswich is Westerfield station which is 1.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 12, Griffiths Close, Ipswich, 37.7% of property is privately owned with a mortgage and 31.7% 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 2, 12, Griffiths Close, Ipswich, 25.9% of residents are recorded as possessing school level qualifications and 28.7% 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 2, 12, Griffiths Close, Ipswich, the average age was 40.1 and the most common age was 12.
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 2, 12, Griffiths Close, Ipswich, 0.4% 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 2, 12, Griffiths Close, Ipswich, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.