8 Luther Road

    8, LUTHER ROAD, IPSWICH, IP2 8BL

    This detached freehold property on Luther Road last sold in February 2021 for £325,000. Based on price growth in the IP2 district since then, its estimated current value is £319,335 — placing it in the 53rd percentile nationally and the 88th percentile within IP2. The property covers 111 m² (1,195 sq ft), giving an estimated value of £2,877 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,195 sq ft

    111 m²

    Last Sale Price

    £325,000

    Feb 2021

    Estimated Valuation

    £319,335

    Est. £/sq ft

    £267/sq ft

    £2,877/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2020
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,195 sq ft (111 m²)
    EPC dateJul 2020
    WallsAverage thermal transmittance 0.30 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Feb 2021

    £325,000

    31 Aug 2004

    £150,000

    5 Dec 2002

    £80,000

    Key Metrics

    Estimated valuation£319,335
    Value per sq ft / m²£267/sq ft (£2,877/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP2 district percentile88th percentile
    National percentile53rd percentile

    District Context — IP2

    IP2 covers central Norwich and surrounding neighbourhoods in Norfolk, positioned in the East Anglian region. It is a mixed urban and suburban area with a diverse community and varied housing stock.

    Average Property Price - IP2

    £229,983

    21

    National percentile

    Average Net Household Income - IP2

    £35,514

    35

    National percentile

    10-Year Annualised Price Growth - IP2

    3.8%

    57

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP2

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