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
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Metrics Year-on-Year
- Average area value
- 320,968.00 £Decreased by 12.07 %
- Average area rental value
- 1,437.00 £/moDecreased by 3.56 %
- Est rental Yield
- 5.37 %Increased by 9.59 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Ascot Estate Agency created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Hillside Primary School | Academy Sponsor Led | Requires improvement | 0.17 KM |
| Hillside Children'S Centre | Children's Centre | 0.37 KM | |
| Stoke High School - Ormiston Academy | Academy Sponsor Led | Requires improvement | 0.52 KM |
| Halifax Primary School | Academy Converter | Good | 1.06 KM |
| St Matthew'S Church Of England Primary School, Ipswich | Academy Converter | 1.33 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Vernon Street | £ 0 | 0 | 0.00 KM |
| Quadling Street | £ 222,000 | 0 | 0.00 KM |
| Bridge Street | £ 0 | 0 | 0.00 KM |
| Grey Friars Road | £ 0 | 0 | 0.00 KM |
| Roanoke Walk | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ipswich | 7217 | IPS | 0.78 KM |
| Derby Road (Ipswich) | 7212 | DBR | 3.54 KM |
| Westerfield | 7226 | WFI | 4.09 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Luther Road, Ipswich, Suffolk, IP2 | £ 235,000 | BUY | 6 / 10 | 0.00 KM |
| Rectory Road, Ipswich | £ 200,000 | BUY | 6 / 10 | 0.05 KM |
| Rectory Road, Ipswich, Suffolk, IP2 | £ 975,000 | BUY | 4 / 10 | 0.05 KM |
| Rectory Road, Ipswich | £ 850,000 | BUY | Unknown | 0.07 KM |
| Rectory Road, Ipswich, IP2 | £ 200,000 | BUY | Unknown | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 Luther Road | £ 166,000 | 0.00 KM |
| 9 Luther Road | £ 86,000 | 0.00 KM |
| 11 Luther Road | £ 211,000 | 0.00 KM |
| 102 Rectory Road | £ 180,000 | 0.05 KM |
| 19 Martin Road | £ 97,000 | 0.09 KM |