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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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According to the public record, Thatches, Ipswich is a period freehold house with 1,600 ft2 of internal area and sits on a 914 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Thatches, Ipswich is £561,583 and the estimated rental value is £1,543 per month.
Nedging Road, Nedging Tye, Ipswich, IP7 is located in the borough of Babergh within the IP7 postal district.
Thatches, Ipswich has 3 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated March 2009.
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.
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 Thatches, Ipswich is in very good condition we estimate a sale value of £589,662 and a rental value of £1,620 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £522,272 and a rental value of £1,435 per month.
Over the last 12 months the sale value of Thatches Ipswich has decreased by an estimated £19,074 (3.4%) and its rental value has increased by an estimated £33 per month (2.1%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, Thatches, Ipswich sits on a plot of 914m2.
Thatches, Ipswich has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Mar 2009.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Thatches, Ipswich was last sold on 13th February 2024 for £585,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2024, the market for similar properties has dropped 16.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Thatches, Ipswich within a radius of 4.3 kilometres over the last 2 years.
The most recent example is 7, Jubilee Meadow, Ipswich, IP7 7FJ, a freehold house which sold for £499,950 on the 22nd November 2023.
Read more about house prices in IP7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nedging Road, Nedging Tye, Ipswich, IP7 has a total of 55 addresses. According to our analysis of all the public data, Thatches, Ipswich is the 25th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £197k more expensive than the average property in IP7.
The closest station to Thatches, Ipswich is Needham Market station which is 9.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Thatches, Ipswich, 47.6% of property is privately owned outright and 24.1% 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 Thatches, Ipswich, 12.5% of residents are recorded as possessing school level qualifications and 27.3% 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 Thatches, Ipswich, the average age was 45.5 and the most common age was 72.
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 Thatches, Ipswich, 1.2% 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 Thatches, Ipswich, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
