116 Vernon Street

    116, VERNON STREET, IPSWICH, IP2 8JB

    This flat/maisonette leasehold property on Vernon Street last sold in March 2016 for £60,000. Based on price growth in the IP2 district since then, its estimated current value is £68,123 — placing it in the 1st percentile nationally and the 1st percentile within IP2. The property covers 45 m² (484 sq ft), giving an estimated value of £1,514 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £60,000

    Mar 2016

    Estimated Valuation

    £68,123

    Est. £/sq ft

    £141/sq ft

    £1,514/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area484 sq ft (45 m²)
    EPC dateDec 2024
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Mar 2016

    £60,000

    Key Metrics

    Estimated valuation£68,123
    Value per sq ft / m²£141/sq ft (£1,514/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP2 district percentile1st percentile
    National percentile1st 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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