Old Norwich Road, Ipswich, Suffolk, IP1
PA

Old Norwich Road, Ipswich, Suffolk, IP1

By Palmer & Partners

£ 550,000

Reviews

4 out of 5 stars

Palmer & Partners says ..

Known as ‘The Lilacs’, this exceptional three-bedroom double bay fronted detached bungalow, situated towards the west side of Ipswich and offering good access out to the A14 commuter trunk road, has undergone a complete transformation by the current owners. The bungalow has been heav...

Property Oracle says ..

The property is a 3 bedroom bungalow located on Old Norwich Road, Ipswich, Suffolk. It has 2 bathrooms and is 1,564.80 sqft with a 1,875.60 sqft plot size. The list price is £550,000. The property is situated in Whitton, Ipswich. The area benefits from nearby schools such as Thomas Wolsey Ormiston Academy (Outstanding Ofsted rating) and The Beeches Community Primary School (Good Ofsted rating), both within a 1km radius. Several other schools are also conveniently located nearby. Transport links are also good with Ipswich train station approximately 4.36km away. Based on the images provided, the property appears to be in excellent condition. It has recently undergone modernisation and extension works, resulting in a contemporary and well-maintained interior. The kitchen and bathrooms are modern and stylish, and the property benefits from a large extension that includes a dining area and a spacious living area with access to the garden. There is also a dedicated home office. The property also has a substantial garden and a large outbuilding, potentially suitable for use as a home gym or games room as shown in the images. The average house price in the area is £504,374, with an average price per sqft of £461. This property is larger than average at 1,564.80 sqft. Considering its excellent condition, location, and substantial plot size, the list price of £550,000 appears to be within the reasonable range of market value for the area. However, there is a lack of comparable properties with similar sqft to accurately assess the price per sqft. The nearby listings show a wide range of prices, from £115,000 to £1,000,000, highlighting the variance in property types and sizes in the area.

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

Price
7
Condition
9
Location
8
Land
8
Bedrooms
3
Bathrooms
2
Sqft (est)
1,564.80
Lot (est)
1,875.60

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
506,939.00 £
Increased by 10.04 %
from 460,699.00 £
Est sale value
957,657.60 £
Increased by 175.68 %
from 347,385.60 £
Average area rental value
1,830.00 £/mo
Decreased by 16.32 %
from 2,187.00 £/mo
Est letting value
3,129.60 £/mo
Increased by 100.00 %
from 1,564.80 £/mo
Est rental Yield
4.33 %
Decreased by 24.04 %
from 5.70 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Palmer & Partners created the listing.

Nearby Schools

NameTypeOfstedDistance
Thomas Wolsey Ormiston AcademyAcademy Special ConverterOutstanding0.34 KM
The Beeches Community Primary SchoolAcademy ConverterGood0.61 KM
St Pancras Catholic Primary SchoolAcademy Converter0.98 KM
Whitehouse Community Primary SchoolAcademy Converter1.12 KM
Westbourne AcademyAcademy ConverterGood1.15 KM

Images

Picture No. 07 Picture No. 44 Picture No. 40 Picture No. 12 Picture No. 13 Picture No. 08 Picture No. 05 Picture No. 04 Picture No. 06 Picture No. 34 Picture No. 35 Picture No. 41 Picture No. 43 Picture No. 36 Picture No. 42 Picture No. 37 Picture No. 38 Picture No. 39 Picture No. 09 Picture No. 10 Picture No. 11 Picture No. 45 Picture No. 46 Picture No. 17 Picture No. 16 Picture No. 18 Picture No. 14 Picture No. 15 Picture No. 19 Picture No. 20 Picture No. 24 Picture No. 23 Picture No. 33 Picture No. 21 Picture No. 22 Picture No. 25 Picture No. 31 Picture No. 26 Picture No. 27 Picture No. 28 Picture No. 29 Picture No. 30 Picture No. 32 Picture No. 49

Nearby Streets

NameAverage PriceAverage SqftDistance
Meredith Road £ 000.00 KM
Stratford Road £ 245,00000.00 KM
Jasper Close £ 000.00 KM
Amethyst Close £ 000.00 KM
Citrine Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Ipswich7217IPS4.36 KM
Westerfield7226WFI4.65 KM
Derby Road (Ipswich)7212DBR7.48 KM

Nearby Listings

AddressPriceTypeScoreDistance
Old Norwich Road, Ipswich, Suffolk, IP1 £ 550,000BUY8 / 100.00 KM
Old Norwich Road, Ipswich £ 400,000BUY7 / 100.06 KM
Ballater Close, Ipswich, Suffolk, IP1 £ 260,000BUY7 / 100.12 KM
Old Norwich Road, Ipswich, Suffolk, IP1 £ 795,000BUYUnknown0.18 KM
Whitton Church Lane, Ipswich, Suffolk, IP1 £ 270,000BUY7 / 100.19 KM

Nearby Properties

AddressPriceDistance
684 Old Norwich Road £ 185,0000.00 KM
726 Old Norwich Road £ 388,5000.00 KM
716 Old Norwich Road £ 193,0000.00 KM
712 Old Norwich Road £ 195,0000.00 KM
688 Old Norwich Road £ 187,0000.00 KM