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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
According to the public record, Flat 5, 2, Back Hamlet, Ipswich is a modern leasehold apartment with 430 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 5, 2, Back Hamlet, Ipswich is £82,598 and the estimated rental value is £552 per month.
The apartment is within 2, Back Hamlet, Ipswich, IP3.
Back Hamlet, Ipswich, IP3 is located in the borough of Ipswich within the IP3 postal district.
Flat 5, 2, Back Hamlet, Ipswich has 4 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated March 2021.
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 5, 2, Back Hamlet, Ipswich is in very good condition we estimate a sale value of £86,728 and a rental value of £579 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £76,816 and a rental value of £513 per month.
Over the last 12 months the sale value of Flat 5 2 Back Hamlet Ipswich has decreased by an estimated £3,135 (3.8%) and its rental value has increased by an estimated £15 per month (2.8%), giving an expected gross yield of 8%.
Flat 5, 2, Back Hamlet, Ipswich has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Mar 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 5, 2, Back Hamlet, Ipswich was last sold on 21st June 2024 for £63,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since June 2024, the market for similar properties has risen 6.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 2, Back Hamlet, Ipswich within a radius of 390 metres over the last 2 years.
The most recent example is Flat 2, 6, Back Hamlet, Ipswich, IP3 8AJ, a leasehold flat which sold for £94,430 on the 31st March 2023.
Read more about house prices in IP3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Back Hamlet, Ipswich, IP3 has a total of 138 addresses. According to our analysis of all the public data, Flat 5, 2, Back Hamlet, Ipswich is the 125th largest and the 127th most expensive property on the street.
When compared to the postcode district it is £204k less expensive than the average property in IP3.
The closest station to Flat 5, 2, Back Hamlet, Ipswich is Derby Road (Ipswich) station which is 1.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 5, 2, Back Hamlet, Ipswich, 57.9% of property is privately rented and 16.7% 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 5, 2, Back Hamlet, Ipswich, 18.3% of residents are recorded as possessing school level qualifications and 33.8% 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 5, 2, Back Hamlet, Ipswich, the average age was 38.2 and the most common age was 32.
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 5, 2, Back Hamlet, 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 5, 2, Back Hamlet, Ipswich, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
