Flat 1601, 23 Franciscan Way, Ipswich, IP1 1NB is a leasehold flat built between 1976-1982. The property offers approximately 388 square feet of living space and is situated on the 16th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £96,258 , which equates to approximately £248 per square foot. It was last sold on 10 Jul 2010 for £64,000. Since then, the value has increased by £32,258, representing a 50.4% increase, or approximately 3.3% per year.

The current estimated value of £96,258 is:

  • 3.5% lower than the average property price on Franciscan Way
  • 22.8% higher than the average in the IP1 1NB postcode area
  • and 65.0% lower than the average price for Ipswich as a whole

At the most recent EPC inspection on 11 December 2020, the property was recorded as owner-occupied.

View sold house prices in IP1 1NB

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
388 sq ft
Tenure
Leasehold
Floor level
16th floor
Price (estimate)
£96,258
Price Per sq ft (estimate)
£248
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1601, 23 Franciscan Way, Ipswich, Suffolk, IP1 1NB has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 11 Dec 2020.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Oct 2008, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 15.9%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from flat, insulated (assumed) to flat, limited insulation (assumed), changing energy efficiency from good to poor.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 80% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Flat, limited insulation (assumed)
Poor
Walls
System built, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to IP1 1NB

5 th / 59
Price Rank
23% higher than average
8 th / 57
Size Rank
31% bigger than average
46 th / 57
Price Per Sq FT Rank
6% lower than average

Compared to other properties in IP1 1NB , this flat's estimated value ranks 5th out of 59. Based on price per square foot, it ranks 46th out of 57 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 57 properties in its postcode area.

Sale History

Today
£96,258
streetscan.co.uk estimate
+50 %
10 Jul 2010
£64,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 441 sq ft
sale price: £76,000
sale date: 11 Aug 2023
rooms: 2
size: 409 sq ft
sale price: £63,000
sale date: 24 Nov 2014
rooms: 2
size: 409 sq ft
sale price: £64,000
sale date: 5 Sep 2013
rooms: 2
size: 398 sq ft
sale price: £58,000
sale date: 15 Oct 2010
rooms: 2
size: 413 sq ft
sale price: £75,000
sale date: 14 Nov 2008

Data Sources

The property at Flat 1601, 23 Franciscan Way, Ipswich, Suffolk, IP1 1NB appears once in the Land Registry records, with the transaction recorded on 10 Jul 2010. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Dec 2020. 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.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.