2 Tower Mill Road

    2, TOWER MILL ROAD, IPSWICH, IP1 4AQ

    This flat/maisonette leasehold property on Tower Mill Road last sold in July 2022 for £135,000. Based on price growth in the IP1 district since then, its estimated current value is £121,703 — placing it in the 7th percentile nationally and the 10th percentile within IP1. The property covers 44 m² (474 sq ft), giving an estimated value of £2,766 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    474 sq ft

    44 m²

    Last Sale Price

    £135,000

    Jul 2022

    Estimated Valuation

    £121,703

    Est. £/sq ft

    £257/sq ft

    £2,766/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area474 sq ft (44 m²)
    EPC dateFeb 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    4 Jul 2022

    £135,000

    11 May 2007

    £105,500

    16 Jan 2004

    £87,500

    12 Dec 2001

    £77,000

    30 Mar 2001

    New build

    £66,995

    Key Metrics

    Estimated valuation£121,703
    Value per sq ft / m²£257/sq ft (£2,766/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP1 district percentile10th percentile
    National percentile7th 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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