7 Mimas Way

    7, MIMAS WAY, IPSWICH, IP1 5ET

    This semi-detached freehold property on Mimas Way last sold in September 2020 for £255,000. Based on price growth in the IP1 district since then, its estimated current value is £282,605 — placing it in the 45th percentile nationally and the 73rd percentile within IP1. The property covers 88 m² (947 sq ft), giving an estimated value of £3,211 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £255,000

    Sept 2020

    Estimated Valuation

    £282,605

    Est. £/sq ft

    £298/sq ft

    £3,211/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area947 sq ft (88 m²)
    EPC dateJun 2020
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Sept 2020

    New build

    £255,000

    Key Metrics

    Estimated valuation£282,605
    Value per sq ft / m²£298/sq ft (£3,211/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP1 district percentile73rd percentile
    National percentile45th 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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