According to the public record, 70, Stratford Road, Ipswich is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 508 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Stratford Road, Ipswich, IP1 is located in the borough of Ipswich within the IP1 postal district.
70, Stratford Road, Ipswich has a single entry in the Land Registry database from December 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 70 Stratford Road Ipswich as £115,612 and the rental value as £676 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 70 Stratford Road Ipswich has decreased by £2,736 (2.4%) and its rental value has increased by £47 per month (6.9%).
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 70, Stratford Road, Ipswich is in very good condition we estimate a sale value of £121,393 and rental value of £709 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,519 and a rental value of £628 per month.
If you were able to purchase this property for the estimated value of £115,612, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £568 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 HM Land Registry, 70, Stratford Road, Ipswich was last sold on 21 Dec 2007 for £75,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2007, the market for similar properties has risen 28.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 70, Stratford Road, Ipswich within a radius of 491m over the last 2 years.
The most recent example is 124, Shakespeare Road, Ipswich, IP1 6HD, a Leasehold flat which sold for £97,000 in Jan 2018.
Read more about house prices in IP1.
Stratford Road, Ipswich, IP1 has a total of 160 addresses. According to our analysis of all the public data, 70, Stratford Road, Ipswich is the 123rd largest and the 97th most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in IP1.
The closest station to 70, Stratford Road, Ipswich is Westerfield station which is 2.3 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 70, Stratford Road, Ipswich, 58.0% of property is socially rented and 16.1% 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 70, Stratford Road, Ipswich, 22.1% of residents are recorded as possessing school level qualifications and 13.7% 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 70, Stratford Road, 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 70, Stratford Road, 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 70, Stratford Road, 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.