Flat 8, Hawks Mill Hawks Mill Street, Needham Market, Ipswich, IP6 8LU is a leasehold flat built between 1983-1990. The property offers approximately 743 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £171,941 , which equates to approximately £232 per square foot. It was last sold on 30 Jun 2014 for £125,000. Since then, the value has increased by £46,941, representing a 37.6% increase, or approximately 3.3% per year.

The current estimated value of £171,941 is:

  • 40.2% lower than the average property price on Hawks Mill Street
  • 59.2% lower than the average in the IP6 8LU postcode area
  • and 40.0% 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 8 April 2021, the property was recorded as rented.

View sold house prices in IP6 8LU

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
743 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£171,941
Price Per sq ft (estimate)
£232
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 8, Hawks Mill Hawks Mill Street, Needham Market, Ipswich, Mid Suffolk, Suffolk, IP6 8LU has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 8 Apr 2021.

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

The previous EPC assessment was conducted on 28 Apr 2011, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 2.9%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from electric immersion, off-peak, no cylinder thermostat to electric immersion, off-peak, with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from solid brick, with internal insulation to solid brick, as built, insulated (assumed), with no change in energy efficiency (good).
  • The windows were upgraded from some double glazing to single glazed.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
No low energy lighting
Very Poor

Compared to IP6 8LU

12 th / 15
Price Rank
59% lower than average
8 th / 11
Size Rank
51% smaller than average
5 th / 11
Price Per Sq FT Rank
16% lower than average

Compared to other properties in IP6 8LU , this flat's estimated value ranks 12th out of 15. Based on price per square foot, it ranks 5th out of 11 properties. In terms of size, this home ranks 8th out of 11 properties in its postcode area.

Sale History

Today
£171,941
streetscan.co.uk estimate
+38 %
30 Jun 2014
£125,000
Leasehold
+1.2 %
1 Oct 2004
£123,500
Leasehold
+109.3 %
6 Sep 1999
£59,000
Leasehold
+15.7 %
29 Apr 1997
£51,000
Leasehold
+13.3 %
29 Mar 1996
£45,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 743 sq ft
sale price: £130,000
sale date: 28 Jun 2013
rooms: 3
size: 775 sq ft
sale price: £115,000
sale date: 8 Jan 2010
rooms: 3
size: 646 sq ft
sale price: £202,000
sale date: 24 Feb 2023
rooms: 3
size: 646 sq ft
sale price: £145,950
sale date: 14 May 2013

Data Sources

The property at Flat 8, Hawks Mill Hawks Mill Street, Needham Market, Ipswich, IP6 8LU appears five times in the Land Registry records, with the latest transaction recorded on 30 Jun 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Apr 2021. 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.