Flat 1602 23 Franciscan Way

    FLAT 1602 23, FRANCISCAN WAY, IPSWICH, IP1 1NB

    This flat/maisonette leasehold property on Franciscan Way last sold in February 2011 for £50,000. Based on price growth in the IP1 district since then, its estimated current value is £71,855 — placing it in the 1st percentile nationally and the 2nd percentile within IP1. The property covers 36 m² (388 sq ft), giving an estimated value of £1,996 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    388 sq ft

    36 m²

    Last Sale Price

    £50,000

    Feb 2011

    Estimated Valuation

    £71,855

    Est. £/sq ft

    £185/sq ft

    £1,996/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area388 sq ft (36 m²)
    EPC dateDec 2020
    WallsSystem built, as built, partial insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    11 Feb 2011

    New build

    £50,000

    Key Metrics

    Estimated valuation£71,855
    Value per sq ft / m²£185/sq ft (£1,996/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP1 district percentile2nd percentile
    National percentile1st percentile

    District Context — IP1

    IP1 covers central Ipswich and its immediate surroundings in Suffolk, positioned in the East Anglian region. It is a mixed urban neighbourhood with a younger demographic profile and a notably high proportion of private rental accommodation.

    Average Property Price - IP1

    £255,975

    29

    National percentile

    Average Net Household Income - IP1

    £37,502

    46

    National percentile

    10-Year Annualised Price Growth - IP1

    4.0%

    65

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP1

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