Flat 502, 23 Franciscan Way, Ipswich, IP1 1NA is a leasehold flat built between 1950-1966. The property offers approximately 280 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £76,535 , which equates to approximately £274 per square foot. It was last sold on 16 Oct 2017 for £73,000. Since then, the value has increased by £3,535, representing a 4.8% increase, or approximately 0.6% per year.

The current estimated value of £76,535 is:

  • 23.2% lower than the average property price on Franciscan Way
  • 3.1% lower than the average in the IP1 1NA postcode area
  • and 72.2% lower than the average price for Ipswich as a whole

At the most recent EPC inspection on 14 November 2019, the property was recorded as owner-occupied.

View sold house prices in IP1 1NA

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
280 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£76,535
Price Per sq ft (estimate)
£274
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 502, 23 Franciscan Way, Ipswich, Suffolk, IP1 1NA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Nov 2019.

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 15 Oct 2008, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 13%.

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 wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IP1 1NA

20 th / 51
Price Rank
3% lower than average
31 st / 49
Size Rank
9% smaller than average
10 th / 49
Price Per Sq FT Rank
6% higher than average

Compared to other properties in IP1 1NA , this flat's estimated value ranks 20th out of 51. Based on price per square foot, it ranks 10th out of 49 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 31th out of 49 properties in its postcode area.

Sale History

Today
£76,535
streetscan.co.uk estimate
+5 %
16 Oct 2017
£73,000
Leasehold
+35.2 %
3 May 2013
£54,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 307, 23 Franciscan Way, Ipswich, IP1 1NA
rooms: 2
size: 301 sq ft
sale price: £70,000
sale date: 14 Dec 2018
Flat 605, 23 Franciscan Way, Ipswich, IP1 1NA
rooms: 1
size: 269 sq ft
sale price: £63,500
sale date: 10 May 2018
Flat 606, 23 Franciscan Way, Ipswich, IP1 1NA
rooms: 2
size: 301 sq ft
sale price: £72,500
sale date: 26 Jan 2018
Flat 404, 23 Franciscan Way, Ipswich, IP1 1NA
rooms: 1
size: 269 sq ft
sale price: £66,500
sale date: 19 Dec 2017
Flat 202, 23 Franciscan Way, Ipswich, IP1 1NA
rooms: 2
size: 301 sq ft
sale price: £74,000
sale date: 15 Dec 2017

Data Sources

The property at Flat 502, 23 Franciscan Way, Ipswich, IP1 1NA appears two times in the Land Registry records, with the latest transaction recorded on 16 Oct 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Nov 2019. 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.
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