48 Postmill Close, Ipswich, IP4 2RF is a leasehold flat built between 1976-1982. The property offers approximately 624 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £73,772 , which equates to approximately £118 per square foot. It was last sold on 9 Dec 2013 for £50,000. Since then, the value has increased by £23,772, representing a 47.5% increase, or approximately 4.0% per year.

The current estimated value of £73,772 is:

  • 38.8% lower than the average property price on Postmill Close
  • 36.5% lower than the average in the IP4 2RF postcode area
  • and 73.2% lower than the average price for Ipswich as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 20 November 2023, the property was recorded as rented.

View sold house prices in IP4 2RF

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£73,772
Price Per sq ft (estimate)
£118
Bedroom Count (estimate)
1 bedroom

EPC Summary

48 Postmill Close, Ipswich, Suffolk, IP4 2RF has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 20 Nov 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 28 Jun 2013. The rating of D remains the same, but the energy efficiency score improved by 8.1%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 12 mm loft insulation, changing energy efficiency from good to very poor.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, partial insulation (assumed), improving energy efficiency from poor to average.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 63% of fixed outlets to low energy lighting in 88% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 12 mm loft insulation
Very Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to IP4 2RF

18 th / 18
Price Rank
37% lower than average
8 th / 16
Size Rank
0% same size than average
16 th / 16
Price Per Sq FT Rank
37% lower than average

Compared to other properties in IP4 2RF , this flat's estimated value ranks 18th out of 18. Based on price per square foot, it ranks 16th out of 16 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 8th out of 16 properties in its postcode area.

Sale History

Today
£73,772
streetscan.co.uk estimate
+48 %
9 Dec 2013
£50,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 614 sq ft
sale price: £126,000
sale date: 15 Jan 2024
rooms: 3
size: 646 sq ft
sale price: £125,000
sale date: 24 Apr 2023
rooms: 3
size: 603 sq ft
sale price: £107,500
sale date: 11 Jun 2021
rooms: 3
size: 623 sq ft
sale price: £100,000
sale date: 13 Sep 2019
rooms: 3
size: 603 sq ft
sale price: £72,000
sale date: 15 Mar 2019

Data Sources

The property at 48 Postmill Close, Ipswich, Suffolk, IP4 2RF appears once in the Land Registry records, with the transaction recorded on 9 Dec 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Nov 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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