According to the public record, The Old Rectory, Ipswich is a period freehold house and with 3,261 ft2 of internal area and sits on a 3,891 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Lower Somersham, Ipswich, IP8 is located in the borough of Mid Suffolk within the IP8 postal district.
The Old Rectory, Ipswich has 31 entries in the Land Registry database, most recently in December 2017 and no records in the EPC database.
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 The Old Rectory Ipswich as £1,343,967 and the rental value as £4,283 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of The Old Rectory Ipswich has decreased by £37,194 (2.8%) and its rental value has increased by £80 per month (1.9%).
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 The Old Rectory, Ipswich is in very good condition we estimate a sale value of £1,411,165 and rental value of £4,497 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,249,889 and a rental value of £3,983 per month.
If you were able to purchase this property for the estimated value of £1,343,967, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,605 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, The Old Rectory, Ipswich sits on a plot of 3891m2.
We have plot size data on 2 out of 3 other houses in the postcode and The Old Rectory, Ipswich sits on the largest plot.
According to HM Land Registry, The Old Rectory, Ipswich was last sold on 07 Dec 2017 for £1,110,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2017, the market for similar properties has risen 17.8%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to The Old Rectory, Ipswich within a radius of 2.7km over the last 2 years.
The most recent example is Castle Oak, Castle Road, Ipswich, IP8 4RN, a Freehold house which sold for £840,000 in Feb 2018.
Read more about house prices in IP8.
Lower Somersham, Ipswich, IP8 has a total of 68 addresses. According to our analysis of all the public data, The Old Rectory, Ipswich is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £1.014m more expensive than the average property in IP8.
The Old Rectory, Ipswich has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Jun 2017.
The property is not connected to mains gas and has partial double glazing. It is heated using an oil fired boiler and radiators.
The closest station to The Old Rectory, Ipswich is Needham Market station which is 6.3 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 The Old Rectory, Ipswich, 42.4% of property is privately owned outright and 25.5% 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 The Old Rectory, Ipswich, 13.5% of residents are recorded as possessing school level qualifications and 29.8% 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 The Old Rectory, Ipswich, the average age was 41.7 and the most common age was 27.
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 The Old Rectory, 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 The Old Rectory, Ipswich, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.