The Chestnuts, Ipswich
EX

The Chestnuts, Ipswich

By eXp UK

£ 400,000

Reviews

2 out of 5 stars

eXp UK says ..

Offered For Sale Chain Free! This spacious four bedroom detached home is located in a quiet cul-de-sac and in need of updating throughout. If you are looking to make your mark on your next home, then this is essential viewing. Quote SR0694 when calling to view.

Property Oracle says ..

The property is a 4-bedroom detached house located in Sprites, Ipswich, Suffolk. The list price is £400,000. The property appears to be in need of some modernisation. The carpets and wallpaper are dated, and the kitchen and bathroom fixtures are also quite old. While structurally sound, a significant amount of cosmetic work would likely be needed to bring it up to modern standards. The garden is a reasonable size and is well-maintained. The location is relatively close to a primary school rated as ‘Special Measures’ by Ofsted, which may be a concern for some buyers. However, other schools are within a reasonable distance. Transportation links appear good, with several train stations within a few kilometres. Considering the average house price in the area is £231,353 and the average price per square foot is £269, the asking price of £400,000 for this 853.59 sqft property seems high. While the property has four bedrooms and a garden, the need for modernisation significantly impacts its value. Nearby properties of similar size and type are listed at considerably lower prices.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
5
Location
6
Land
6
Bedrooms
4
Bathrooms
1
Sqft (est)
853.59

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
253,333.00 £
Increased by 10.63 %
from 229,000.00 £
Est sale value
342,289.59 £
Increased by 67.78 %
from 204,008.01 £
Average area rental value
880.00 £/mo
Decreased by 9.74 %
from 975.00 £/mo
Est letting value
853.59 £/mo
Unchanged by 0.00 %
from 853.59 £/mo
Est rental Yield
4.17 %
Decreased by 18.40 %
from 5.11 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • eXp UK created the listing.

Nearby Schools

NameTypeOfstedDistance
Sprites Primary AcademyAcademy Sponsor LedSpecial Measures0.20 KM
One Sixth Form CollegeAcademy 16-19 Converter0.64 KM
The Bridge SchoolAcademy Special Sponsor Led0.71 KM
Belstead House Adult Education CentreMiscellaneous0.82 KM
Gusford Community Primary SchoolAcademy Sponsor LedRequires improvement0.89 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
The Chestnuts £ 000.00 KM
Merlin Road £ 220,00000.00 KM
Wentworth Drive £ 260,00000.00 KM
Lapwing Road £ 240,00000.00 KM
Worsley Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Ipswich7217IPS3.78 KM
Westerfield7226WFI7.41 KM
Derby Road (Ipswich)7212DBR7.95 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Chestnuts, Ipswich £ 400,000BUY5 / 100.00 KM
The Chestnuts, Ipswich £ 375,000BUY7 / 100.02 KM
The Chestnuts, Ipswich, Suffolk, IP2 £ 350,000BUY6 / 100.04 KM
Ashton Close, Ipswich, IP2 £ 230,000BUY6 / 100.10 KM
Ashton Close, Ipswich, Suffolk, IP2 £ 240,000BUY6 / 100.13 KM

Nearby Properties

AddressPriceDistance
12 Ashton Close £ 173,5000.13 KM
23 Ashton Close £ 210,0000.13 KM
9 Ashton Close £ 104,5000.13 KM
11 Ashton Close £ 123,0000.13 KM
10 Ashton Close £ 177,0000.13 KM