Flat 705, 23
Flat 705, 23
Description & Estimates
Flat 705, 23, Franciscan Way, Ipswich is recorded publicly as a modern leasehold apartment across 269 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 705, 23, Franciscan Way, Ipswich is £79,451 and its rental estimate is £544 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 705, 23, Franciscan Way, Ipswich has a single entry in the Land Registry from February 2014 and a single entry in the EPC database dated May 2019.
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 705, 23, Franciscan Way, Ipswich, we estimate a market value of £83,424 and a rental value of £571 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £73,890 and £506 per month respectively.
Recent Market Change
Over the last year, Flat 705, 23, Franciscan Way, Ipswich has seen its estimated sale value fall by £1,688 (2.1%) and its estimated rental value move up by £20 per month (3.6%). This results in an estimated gross rental yield of 8.2%.
Energy Efficiency
Flat 705, 23, Franciscan Way, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 705, 23, Franciscan Way, Ipswich completed on 28th February 2014 at £55,000 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 57.6% over the period since February 2014.
- Sold Feb 2014£55,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 705, 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 2nd April 2025, was Flat 1502, 23, Franciscan Way, Ipswich, IP1 1NB, a leasehold flat which sold for £50,000.
Read more about house prices in IP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 130 addresses on Franciscan Way, Ipswich, IP1, Flat 705, 23, Franciscan Way, Ipswich comes out as the 95th largest and the 93rd most expensive in our analysis of the public data.
It is also £158k less expensive than the average property across the IP1 district.
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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 705, 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.
