According to the public record, Waters Edge, Ipswich is a mid-century freehold house and with 3,638 ft2 of internal area and sits on a 3,865 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Church Lane, Layham, Ipswich, IP7 is located in the borough of Babergh within the IP7 postal district.
Waters Edge, Ipswich has 2 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated August 2020.
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 Waters Edge Ipswich as £1,266,339 and the rental value as £3,116 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of Waters Edge Ipswich has decreased by £60,067 (4.7%) and its rental value has increased by £94 per month (3.0%).
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 Waters Edge, Ipswich is in very good condition we estimate a sale value of £1,329,656 and rental value of £3,272 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,177,695 and a rental value of £2,898 per month.
If you were able to purchase this property for the estimated value of £1,266,339, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,224 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, Waters Edge, Ipswich sits on a plot of 3865m2.
We have plot size data on 2 out of 5 other houses in the postcode and Waters Edge, Ipswich sits on the 2nd largest plot.
According to HM Land Registry, Waters Edge, Ipswich was last sold on 17 Jun 2021 for £1,200,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Waters Edge, Ipswich within a radius of 1.9km over the last 2 years.
The most recent example is Portmans Farm, Stoke Road, Ipswich, IP7 5RB, a Freehold house which sold for £955,000 in Jul 2018.
Read more about house prices in IP7.
Church Lane, Layham, Ipswich, IP7 has a total of 5 addresses. According to our analysis of all the public data, Waters Edge, Ipswich is the largest and the most expensive property on the street.
When compared to the postcode district it is £890k more expensive than the average property in IP7.
Waters Edge, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Waters Edge, Ipswich is Manningtree station which is 10.2 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 Waters Edge, Ipswich, 48.9% of property is privately owned outright and 25.9% 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 Waters Edge, Ipswich, 15.0% of residents are recorded as possessing school level qualifications and 39.4% 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 Waters Edge, Ipswich, the average age was 47.8 and the most common age was 62.
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 Waters Edge, Ipswich, 0.9% 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 Waters Edge, Ipswich, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.