Woodcock & Son says ..

Property Oracle says ..

The property is a one-bedroom apartment located on Museum Street in the Alexandra area of Ipswich, Suffolk. Its proximity to Ipswich train station (1.01 KM) offers convenient access to transportation links. Several schools are within a reasonable distance, including Westbridge Academy (1.00 KM), which has a “Good” Ofsted rating. The location benefits from its proximity to these amenities, suggesting a reasonably convenient location for residents. However, without further details on the specific location within Museum Street, a precise assessment of its desirability is limited. The images reveal a modern and well-maintained apartment. The interior appears recently renovated or newly built, with contemporary fixtures and fittings. The property shows no obvious signs of disrepair or needing renovation. This suggests the property is in excellent condition. The listing does not provide information on the plot size or the presence of a garden. Therefore, no comment can be made on the land aspect of the property. The list price of £205,000 is considerably lower than the average house price in the area (£590,968). However, it’s important to note that this average includes a variety of property types and sizes, and the average price per sqft of £492.00 is based on an average sqft of 1199 sqft. The lack of sqft information for this property prevents a direct comparison using price per sqft. Nearby comparable properties (apartments in Museum Street and surrounding areas) are listed between £140,000 and £190,000. Considering this context, the list price of £205,000 appears to be at the higher end of the range for similar properties in the area, but not unreasonably so. Further information on the property’s size would allow for a more precise evaluation of its price relative to the market.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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