Flat 9 2 Mimas Way

    FLAT 9 2, MIMAS WAY, IPSWICH, IP1 5FD

    This flat/maisonette leasehold property on Mimas Way last sold in February 2024 for £172,000. Based on price growth in the IP1 district since then, its estimated current value is £164,303 — placing it in the 16th percentile nationally and the 24th percentile within IP1. The property covers 62 m² (667 sq ft), giving an estimated value of £2,650 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £172,000

    Feb 2024

    Estimated Valuation

    £164,303

    Est. £/sq ft

    £246/sq ft

    £2,650/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateMar 2019
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Feb 2024

    £172,000

    28 Mar 2019

    New build

    £160,000

    Key Metrics

    Estimated valuation£164,303
    Value per sq ft / m²£246/sq ft (£2,650/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP1 district percentile24th percentile
    National percentile16th 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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