Grace Estate Agents says ..
Chain Free: A fantastic opportunity to acquire this luxury one bedroom apartment located in the heart of Ipswich town centre close to shops restaurants and bars.
Property Oracle says ..
The property is located on Arcade Street in Ipswich, Suffolk. Based on the images provided, the property appears to be a recently renovated apartment. The apartment has a modern kitchen and bathroom, and the interior is in excellent condition. The apartment is located within walking distance of several schools, including Westbridge Academy (rated ‘Good’) and Ipswich School. Ipswich train station is also within a reasonable distance, providing convenient access to other areas.
Given the property’s modern condition and proximity to amenities, the location score is high. The lack of outdoor space, however, means the land score is low. The list price of £160,000 is considerably lower than the average price for the area (£590,968), and the average price per square foot is also significantly lower (£492 vs. an implied £256). Considering the condition, location, and size, the price appears to be reasonable, though further investigation into the specific reasons for the low price might be warranted.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 10
- Location
- 8
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 627.92
- Lot (est)
- 728.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 570,435.00 £Increased by 16.78 %
- Est sale value
- 360,426.08 £Increased by 21.35 %
- Average area rental value
- 1,562.00 £/moIncreased by 10.39 %
- Est letting value
- 627.92 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.29 %Decreased by 5.46 %
- Crime Rate
- 18.00 %Unchanged by 0.00 %
Agent Activity
Grace Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Matthew'S Church Of England Primary School, Ipswich | Academy Converter | 0.43 KM | |
| Ipswich School | Other Independent School | 0.71 KM | |
| Westbridge Academy | Academy Alternative Provision Converter | Good | 0.99 KM |
| St Margaret'S Church Of England Voluntary Aided Primary School, Ipswich | Voluntary Aided School | Good | 1.01 KM |
| Hillside Primary School | Academy Sponsor Led | Requires improvement | 1.33 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lion Street | £ 0 | 0 | 0.00 KM |
| Black Horse Lane | £ 0 | 0 | 0.00 KM |
| Cornhill | £ 0 | 0 | 0.00 KM |
| Friars Courtyard | £ 0 | 0 | 0.00 KM |
| High Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ipswich | 7217 | IPS | 1.09 KM |
| Westerfield | 7226 | WFI | 3.05 KM |
| Derby Road (Ipswich) | 7212 | DBR | 3.63 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Arcade Street, Ipswich | £ 160,000 | BUY | 6 / 10 | 0.00 KM |
| Museum Street, Ipswich | £ 210,000 | BUY | 6 / 10 | 0.07 KM |
| Museum Street, Ipswich, Suffolk, IP1 | £ 170,000 | BUY | 5 / 10 | 0.08 KM |
| Arcade Street, Ipswich | £ 169,995 | BUY | 5 / 10 | 0.08 KM |
| Town Centre, Ipswich | £ 180,000 | BUY | Unknown | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 33 High Street | £ 345,000 | 0.21 KM |
| 25 High Street | £ 390,000 | 0.21 KM |
| 48 St Georges Street | £ 120,000 | 0.22 KM |
| 46 St Georges Street | £ 230,000 | 0.22 KM |
| 3c Princes Street | £ 90,000 | 0.24 KM |