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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
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Public records show Lake House, Ipswich to be a modern freehold house with 3,939 ft2 of internal area, sitting on a 1,992 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
Lake House, Ipswich has an estimated sale value of £859,773 and an estimated rental value of £2,402 per month, assuming reasonable condition and based on the information available.
Nettlestead, Ipswich, IP8 lies in the borough of Mid Suffolk, within the IP8 postal district.
Lake House, Ipswich has a single entry in the Land Registry from May 2015 and a single entry in the EPC database dated June 2013.
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.
In very good condition, we estimate Lake House, Ipswich would be worth £902,762, with a potential rental value of £2,522 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £799,589, with a rental value of £2,233 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Lake House, Ipswich has dropped by £31,762 (3.7%) over the last year. During the same period, its estimated monthly rental value has risen by £59 (2.5%). The property's estimated gross yield is currently 3.4%.
Lake House, Ipswich occupies a 1,992 m2 plot as recorded by HM Land Registry.
Of the 12 other houses in this postcode, 2 have recorded plot sizes, and this one ranks as the 2nd largest.
Lake House, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jun 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Lake House, Ipswich last changed hands on 12th May 2015, selling for £650,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 17.5% since May 2015.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.6 kilometres of Lake House, Ipswich across the last 2 years.
Most recently, Middleton House, Upper Street, Ipswich, IP6 8JR, a freehold house, sold at £800,000 on the 16th August 2023.
Read more about house prices in IP8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Lake House, Ipswich as the 6th largest and the most expensive of the 32 addresses on Nettlestead, Ipswich, IP8.
Against the IP8 postcode district average, it is £530k more expensive than the typical property.
Needham Market station is the nearest stop to Lake House, Ipswich at 5.4 kilometres away.
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Lake House, Ipswich, 50.0% of property is privately owned outright and 27.7% is privately owned with a mortgage.
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 Lake House, Ipswich, 12.2% of residents are recorded as possessing school level qualifications and 32.1% 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 Lake House, Ipswich, the average age was 41.7 and the most common age was 27.
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 Lake House, Ipswich, 1.5% 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 Lake House, Ipswich, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
