According to the public record, 18, Hammersmith Way, Ipswich is a modern apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Hammersmith Way, Ipswich, IP1 is located in the borough of Ipswich within the IP1 postal district.
18, Hammersmith Way, Ipswich has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 18 Hammersmith Way Ipswich as £57,504 and the rental value as £349 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 18 Hammersmith Way Ipswich has decreased by £1,488 (2.6%) and its rental value has increased by £25 per month (7.3%).
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 18, Hammersmith Way, Ipswich is in very good condition we estimate a sale value of £60,379 and rental value of £367 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £53,478 and a rental value of £325 per month.
If you were able to purchase this property for the estimated value of £57,504, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £283 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 26m radius of 18, Hammersmith Way, Ipswich over the last 2 years.
The most recent example is 7, Hammersmith Way, Ipswich, IP1 4DN, a Leasehold house which sold for £80,000 in Dec 2021.
Read more about house prices in IP1.
Hammersmith Way, Ipswich, IP1 has a total of 34 addresses. According to our analysis of all the public data, 18, Hammersmith Way, Ipswich is the 28th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £176k less expensive than the average property in IP1.
18, Hammersmith Way, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 18, Hammersmith Way, Ipswich is Ipswich station which is 2.0 km 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 18, Hammersmith Way, Ipswich, 33.9% of property is privately rented and 27.4% is socially rented.
The graph below shows how this compares to Greater London 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 18, Hammersmith Way, Ipswich, 21.9% of residents are recorded as possessing school level qualifications and 19.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 18, Hammersmith Way, Ipswich, the average age was 35.3 and the most common age was 32.
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 18, Hammersmith Way, Ipswich, 0.0% 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 18, Hammersmith Way, Ipswich, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.