Flat 908, 23
Flat 908, 23
Description & Estimates
According to the public record, Flat 908, 23, Franciscan Way, Ipswich is a modern leasehold apartment with 258 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 908, 23, Franciscan Way, Ipswich is £77,905 and the estimated rental value is £533 per month.
The apartment is within 23, Franciscan Way, Ipswich, IP1.
Franciscan Way, Ipswich, IP1 is located in the borough of Ipswich within the IP1 postal district.
Our Data Sources
Flat 908, 23, Franciscan Way, Ipswich has 2 entries in the Land Registry , most recently in September 2013 and a single entry in the EPC database dated December 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
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 908, 23, Franciscan Way, Ipswich is in very good condition we estimate a sale value of £81,800 and a rental value of £560 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £72,451 and a rental value of £496 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 908, 23, Franciscan Way, Ipswich has decreased by £1,655 (2.1%), while its estimated rental value has grown by £19 per month (3.6%). Based on current estimates, the property offers a gross rental yield of 8.2%.
Energy Efficiency
Flat 908, 23, Franciscan Way, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Dec 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 908, 23, Franciscan Way, Ipswich was last sold on 27th September 2013 for £52,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2013, the market for similar properties has risen by 62.2%.
- Sold Sep 2013£52,500
- Sold Dec 2012£40,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 908, 23, Franciscan Way, Ipswich within a radius of 490 metres over the last 2 years.
The most recent example is Flat 605, 23, Franciscan Way, Ipswich, IP1 1NA, a leasehold flat which sold for £63,500 on the 10th May 2018.
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
Franciscan Way, Ipswich, IP1 has a total of 130 addresses. According to our analysis of all the public data, Flat 908, 23, Franciscan Way, Ipswich is the 126th largest and the 126th most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in IP1.
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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
The closest station to Flat 908, 23, Franciscan Way, Ipswich is Ipswich station, which is 600 metres away.
- 600mIpswich
- 2.2kmDerby Road (Ipswich)
- 3.1kmWesterfield
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be low.
