Luther Road, Ipswich, Suffolk, IP2
AS

Luther Road, Ipswich, Suffolk, IP2

By Ascot Estate Agency

£ 235,000

Reviews

3 out of 5 stars

Ascot Estate Agency says ..

An established three bedroom semi-detached house situated within walking distance of Ipswich mainline train station with regular trains to London Liverpool Street. The property is ideal for a second purchase as in need of some updating throughout.

Property Oracle says ..

The property is located in Luther Road, Ipswich, Suffolk. It’s a semi-detached house with three bedrooms and a garden. The asking price is £235,000.

The property appears to be in reasonable condition, although some modernisation would likely enhance its value. The interior shows signs of wear and tear, particularly in the bathrooms and kitchen. The flooring and wall coverings in several rooms could benefit from updating. The garden is present, but it appears somewhat overgrown and could benefit from some landscaping.

The location is relatively close to several schools, including Hillside Primary School (0.17km) and Stoke High School (0.52km). The Ofsted ratings for these schools are “Requires Improvement,” which is a factor to consider for families with children. The property’s proximity to Ipswich train station (0.78km) is a positive aspect, offering convenient access to transportation.

Considering the average house price in the area is £402,872 and the average price per square foot is £391, the listed price of £235,000 for this property seems relatively low. However, without knowing the square footage of the property, a definitive assessment of value cannot be made. The condition of the property, needing some modernisation, also impacts its overall value. Nearby comparable properties on Luther Road sold for £166,000, £86,000 and £211,000. These prices, however, lack sqft data to allow for a meaningful comparison.

The lack of square footage data for the subject property and nearby comparable properties significantly limits the ability to give a precise price analysis. More information is needed to give a complete and accurate assessment.

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
7
Condition
6
Location
7
Land
6
Bedrooms
3
Bathrooms
0

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
320,968.00 £
Decreased by 12.07 %
from 365,009.00 £
Average area rental value
1,437.00 £/mo
Decreased by 3.56 %
from 1,490.00 £/mo
Est rental Yield
5.37 %
Increased by 9.59 %
from 4.90 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Ascot Estate Agency created the listing.

Nearby Schools

NameTypeOfstedDistance
Hillside Primary SchoolAcademy Sponsor LedRequires improvement0.17 KM
Hillside Children'S CentreChildren's Centre0.37 KM
Stoke High School - Ormiston AcademyAcademy Sponsor LedRequires improvement0.52 KM
Halifax Primary SchoolAcademy ConverterGood1.06 KM
St Matthew'S Church Of England Primary School, IpswichAcademy Converter1.33 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Vernon Street £ 000.00 KM
Quadling Street £ 222,00000.00 KM
Bridge Street £ 000.00 KM
Grey Friars Road £ 000.00 KM
Roanoke Walk £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Ipswich7217IPS0.78 KM
Derby Road (Ipswich)7212DBR3.54 KM
Westerfield7226WFI4.09 KM

Nearby Listings

AddressPriceTypeScoreDistance
Luther Road, Ipswich, Suffolk, IP2 £ 235,000BUY6 / 100.00 KM
Rectory Road, Ipswich £ 200,000BUY6 / 100.05 KM
Rectory Road, Ipswich, Suffolk, IP2 £ 975,000BUY4 / 100.05 KM
Rectory Road, Ipswich £ 850,000BUYUnknown0.07 KM
Rectory Road, Ipswich, IP2 £ 200,000BUYUnknown0.09 KM

Nearby Properties

AddressPriceDistance
5 Luther Road £ 166,0000.00 KM
9 Luther Road £ 86,0000.00 KM
11 Luther Road £ 211,0000.00 KM
102 Rectory Road £ 180,0000.05 KM
19 Martin Road £ 97,0000.09 KM