Groom Cottage, Ipswich
Groom Cottage, Ipswich
Description & Estimates
Groom Cottage, Ipswich is recorded publicly as a period freehold house across 2,755 ft2 of internal area, sitting on a 1,287 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Groom Cottage, Ipswich is £901,126 and its rental estimate is £3,200 per month, given the available information and assuming reasonable condition.
Nacton, Ipswich, IP10 falls within the IP10 postal district, in the borough of East Suffolk.
Our Data Sources
Groom Cottage, Ipswich has a single entry in the Land Registry from January 2016 and a single entry in the EPC database dated July 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Groom Cottage, Ipswich, we estimate a market value of £946,182 and a rental value of £3,360 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £838,047 and £2,976 per month respectively.
Recent Market Change
Over the last year, Groom Cottage, Ipswich has seen its estimated sale value drop by £41,121 (4.6%) and its estimated rental value rise by £47 per month (1.5%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for Groom Cottage, Ipswich as measuring 1,287 m2.
That makes it the 5th largest plot in the postcode, where 6 of the 11 other houses have recorded plot data.
Energy Efficiency
Groom Cottage, Ipswich has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Jul 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Groom Cottage, Ipswich completed on 15th January 2016 at £682,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 15.0% over the period since January 2016.
- Sold Jan 2016£682,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Groom Cottage, Ipswich have sold within a radius of 3.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th November 2015, was Greenways, The Street, Ipswich, IP10 0EU, a freehold house which sold for £635,000.
Read more about house prices in IP10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 51 addresses on Nacton, Ipswich, IP10, Groom Cottage, Ipswich comes out as the 9th largest and the 10th most expensive in our analysis of the public data.
It is also £612k more expensive than the average property across the IP10 district.
More reading links
Schools Nearby
- 1.1kmNacton Church of England Primary School
- 2.8kmChelmondiston Church of England Primary School
- 3.9kmBucklesham Primary School
- 4.5kmIpswich Academy
- 6.0kmHolbrook Academy
- 6.3kmCopleston High School
More reading links
Public Transport Nearby
From Groom Cottage, Ipswich, the nearest station is Derby Road (Ipswich), 6.3 kilometres away.
- 6.3kmDerby Road (Ipswich)
- 6.4kmTrimley
- 6.6kmHarwich International
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
