According to the public record, 296, Colchester Road, Ipswich is a early-century house with 1,334 ft2 of internal area and sits on a 821 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Colchester Road, Ipswich, IP4 is located in the borough of Ipswich within the IP4 postal district.
296, Colchester Road, 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 296 Colchester Road Ipswich as £385,672 and the rental value as £1,375 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 296 Colchester Road Ipswich has decreased by £22,386 (5.8%) and its rental value has increased by £14 per month (1.0%).
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 296, Colchester Road, Ipswich is in very good condition we estimate a sale value of £404,956 and rental value of £1,444 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £358,675 and a rental value of £1,279 per month.
If you were able to purchase this property for the estimated value of £385,672, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,895 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 data from HM Land Registry, 296, Colchester Road, Ipswich sits on a plot of 821m2.
We have plot size data on 8 out of 12 other houses in the postcode and 296, Colchester Road, Ipswich sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 296, Colchester Road, Ipswich within a radius of 174m over the last 2 years.
The most recent example is 34, Crofton Road, Ipswich, IP4 4QS, a Freehold house which sold for £430,000 in Jan 2023.
Read more about house prices in IP4.
Colchester Road, Ipswich, IP4 has a total of 277 addresses. According to our analysis of all the public data, 296, Colchester Road, Ipswich is the 101st largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £110k more expensive than the average property in IP4.
296, Colchester Road, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Dec 2023.
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 296, Colchester Road, Ipswich is Derby Road (Ipswich) station which is 1.5 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 296, Colchester Road, Ipswich, 50.8% of property is privately owned outright and 41.5% is privately owned with a mortgage.
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 296, Colchester Road, Ipswich, 20.7% of residents are recorded as possessing school level qualifications and 36.5% 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 296, Colchester Road, Ipswich, the average age was 45.3 and the most common age was 57.
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 296, Colchester Road, Ipswich, 0.8% 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 296, Colchester Road, Ipswich, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.