Old Mill House, Ipswich
Old Mill House, Ipswich
Description & Estimates
Old Mill House, Ipswich is described in the public record as a period house with 2,380 ft2 of internal area, sitting on a 1,680 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Old Mill House, Ipswich is £616,081 and its rental estimate is £1,995 per month, given the available information and assuming reasonable condition.
Nedging Road, Nedging Tye, Ipswich, IP7 falls within the IP7 postal district, in the borough of Babergh.
Our Data Sources
Old Mill House, Ipswich has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2009.
We combine this information with public data 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.
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 Old Mill House, Ipswich, we estimate a market value of £646,885 and a rental value of £2,095 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £572,955 and £1,856 per month respectively.
Recent Market Change
Over the last year, Old Mill House, Ipswich has seen its estimated sale value move down by £24,344 (4.0%) and its estimated rental value increase by £38 per month (1.9%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for Old Mill House, Ipswich as measuring 1,680 m2.
That makes it the 5th largest plot in the postcode, where 21 of the 25 other houses have recorded plot data.
Energy Efficiency
Old Mill House, Ipswich has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 27 Apr 2009.
The property is not connected to mains gas and has partial secondary glazing. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Old Mill House, Ipswich completed on 4th April 2003 at £287,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Apr 2003£287,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Old Mill House, Ipswich have sold within a radius of 4.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2018, was Canada Cottage, Ipswich Road, Ipswich, IP7 7BN, a freehold house which sold for £499,995.
Read more about house prices in IP7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 55 addresses on Nedging Road, Nedging Tye, Ipswich, IP7, Old Mill House, Ipswich comes out as the 10th largest and the 16th most expensive in our analysis of the public data.
It is also £252k more expensive than the average property across the IP7 district.
More reading links
Schools Nearby
- 2.4kmBildeston Primary School
- 3.3kmWhatfield Church of England Voluntary Controlled Primary School
- 4.0kmRingshall School
- 7.4kmHadleigh High School
- 9.7kmStowmarket High School
- 11.6kmStowupland High School
More reading links
Public Transport Nearby
From Old Mill House, Ipswich, the nearest station is Needham Market, 9.2 kilometres away.
- 9.2kmNeedham Market
- 10.0kmStowmarket
- 14.7kmElmswell
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 very low, based on Environment Agency data.
