According to the public record, 5, Burke Close, Ipswich is a mid-century freehold house with 1,065 ft2 of internal area and sits on a 259 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Burke Close, Ipswich, IP1 is located in the borough of Ipswich within the IP1 postal district.
5, Burke Close, Ipswich has 31 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated April 2021.
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 5 Burke Close Ipswich as £216,699 and the rental value as £1,048 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 5 Burke Close Ipswich has decreased by £9,362 (4.3%) and its rental value has increased by £51 per month (4.9%).
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 5, Burke Close, Ipswich is in very good condition we estimate a sale value of £227,534 and rental value of £1,101 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,530 and a rental value of £975 per month.
If you were able to purchase this property for the estimated value of £216,699, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,065 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, 5, Burke Close, Ipswich sits on a plot of 259m2.
We have plot size data on 13 out of 16 other houses in the postcode and 5, Burke Close, Ipswich sits on the 10th largest plot.
According to HM Land Registry, 5, Burke Close, Ipswich was last sold on 29 Jun 2022 for £255,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 8.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Burke Close, Ipswich within a radius of 500 metres over the last 2 years.
The most recent example is 11, Shenstone Drive, Ipswich, IP1 6NT, a Freehold house which sold for £266,000 in Nov 2022.
Read more about house prices in IP1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burke Close, Ipswich, IP1 has a total of 16 addresses. According to our analysis of all the public data, 5, Burke Close, Ipswich is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in IP1.
5, Burke Close, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Apr 2021.
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 5, Burke Close, Ipswich is Westerfield station which is 2.0 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 5, Burke Close, Ipswich, 43.4% of property is privately owned with a mortgage and 34.9% 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 5, Burke Close, Ipswich, 26.9% of residents are recorded as possessing school level qualifications and 17.7% 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 5, Burke 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 5, Burke Close, 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 5, Burke Close, Ipswich, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.