According to the public record, 31, Homer Close, Ipswich is a mid-century freehold house with 775 ft2 of internal area and sits on a 156 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Homer Close, Ipswich, IP1 is located in the borough of Ipswich within the IP1 postal district.
31, Homer Close, Ipswich has 21 entries in the Land Registry database, most recently in March 2023 and a single entry in the EPC database dated September 2019.
We combine this information with that 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 31 Homer Close Ipswich as £200,172 and the rental value as £980 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 31 Homer Close Ipswich has decreased by £8,355 (4.2%) and its rental value has increased by £47 per month (4.8%).
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 31, Homer Close, Ipswich is in very good condition we estimate a sale value of £210,181 and rental value of £1,029 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,160 and a rental value of £911 per month.
If you were able to purchase this property for the estimated value of £200,172, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £984 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, 31, Homer Close, Ipswich sits on a plot of 156m2.
We have plot size data on 10 out of 24 other houses in the postcode and 31, Homer Close, Ipswich sits on the 5th largest plot.
According to HM Land Registry, 31, Homer Close, Ipswich was last sold on 15 Mar 2023 for £225,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2023, the market for similar properties has dropped 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Homer Close, Ipswich within a radius of 650 metres over the last 2 years.
The most recent example is 92, Macaulay Road, Ipswich, IP1 6JJ, a Freehold house which sold for £202,500 in Jul 2023.
Read more about house prices in IP1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Homer Close, Ipswich, IP1 has a total of 24 addresses. According to our analysis of all the public data, 31, Homer Close, Ipswich is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in IP1.
31, Homer Close, Ipswich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Sep 2019.
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 31, Homer Close, Ipswich is Westerfield station which is 2.2 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 31, Homer Close, Ipswich, 34.9% of property is socially rented and 26.4% 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 31, Homer Close, Ipswich, 28.9% of residents are recorded as possessing school level qualifications and 17.0% 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 31, Homer Close, Ipswich, the average age was 41.7 and the most common age was 12.
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 31, Homer Close, Ipswich, 1.1% 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 31, Homer Close, Ipswich, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.