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According to the public record, The Spinneys, Ipswich is a modern freehold house with 1,679 ft2 of internal area and sits on a 358 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 The Spinneys, Ipswich is £469,863 and the estimated rental value is £1,488 per month.
Nettlestead, Ipswich, IP8 is located in the borough of Mid Suffolk within the IP8 postal district.
The Spinneys, Ipswich has a single entry in the Land Registry from December 2019 and a single entry in the EPC database dated April 2019.
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.
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 The Spinneys, Ipswich is in very good condition we estimate a sale value of £493,356 and a rental value of £1,563 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £436,973 and a rental value of £1,384 per month.
Over the last 12 months the sale value of The Spinneys Ipswich has decreased by an estimated £21,747 (4.6%) and its rental value has increased by an estimated £26 per month (1.8%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, The Spinneys, Ipswich sits on a plot of 358m2.
We have plot size data on 3 out of 7 other houses in the postcode and The Spinneys, Ipswich sits on the 3rd largest plot.
The Spinneys, Ipswich has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 01 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, The Spinneys, Ipswich was last sold on 19th December 2019 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2019, the market for similar properties has risen 7.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Spinneys, Ipswich within a radius of 4.3 kilometres over the last 2 years.
The most recent example is 15, Shetland Way, Ipswich, IP8 4FF, a freehold house which sold for £625,000 on the 23rd March 2023.
Read more about house prices in IP8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nettlestead, Ipswich, IP8 has a total of 32 addresses. According to our analysis of all the public data, The Spinneys, Ipswich is the 20th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £144k more expensive than the average property in IP8.
The closest station to The Spinneys, Ipswich is Needham Market station which is 6.0 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 The Spinneys, 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 The Spinneys, 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 The Spinneys, 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 The Spinneys, 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 The Spinneys, 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.