2 Rayleigh Road

    2, RAYLEIGH ROAD, IPSWICH, IP1 5EE

    This terraced freehold property on Rayleigh Road last sold in June 2023 for £230,000. Based on price growth in the IP1 district since then, its estimated current value is £224,512 — placing it in the 31st percentile nationally and the 50th percentile within IP1. The property covers 75 m² (807 sq ft), giving an estimated value of £2,993 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £230,000

    Jun 2023

    Estimated Valuation

    £224,512

    Est. £/sq ft

    £278/sq ft

    £2,993/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area807 sq ft (75 m²)
    EPC dateJun 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Jun 2023

    £230,000

    14 Oct 2021

    £235,000

    26 Aug 2016

    £185,000

    20 Mar 2015

    £148,000

    7 Oct 2005

    £119,950

    18 Feb 2000

    £51,000

    Key Metrics

    Estimated valuation£224,512
    Value per sq ft / m²£278/sq ft (£2,993/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP1 district percentile50th percentile
    National percentile31st 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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