FLAT 7, 2, BACK HAMLET, IPSWICH, IP3 8AJ - £82,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FLAT 7 2 BACK HAMLET is a very small flat of 38m², built sometime between 2007 and 2011, which could now be worth an estimated £83,628. It was last sold for £82,000 in April 2018, which was around 33% below the average April 2018 flat price in the Ipswich local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was B.

FLAT 7 2 BACK HAMLET Sold Prices

Land registry data shows two sales for FLAT 7 2 BACK HAMLET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Ipswich local authority area for the corresponding sale date. Both of the two FLAT 7 2 BACK HAMLET sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 6 APR	£82,000	£122,684	33% below HPI
2015 15 MAY	£56,000	£101,922	45% below HPI

What might FLAT 7 2 BACK HAMLET be worth now?

FLAT 7 2 BACK HAMLET might now be worth an estimated £83,628.

This is based on house price inflation of 2%, between April 2018 and April 2026, for flats, in the Ipswich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2% inflationary increase is applied to the most recent sale price for FLAT 7 2 BACK HAMLET of £82,000 on 6th April 2018. For the value to have increased from £82,000 to £83,628 over the eight years to April 2026, the following assumptions must hold true:

• The value of FLAT 7 2 BACK HAMLET has moved in line with the HPI for flats in the Ipswich local authority area.
• The April 2018 sale price of £82,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 7 2 BACK HAMLET has not materially changed since April 2018.

How Large is FLAT 7 2 BACK HAMLET?

FLAT 7 2 BACK HAMLET is 38m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of flats in Ipswich, based on EPC data. 9% of flats are smaller than FLAT 7 2 BACK HAMLET, and 90% of flats are larger. Note that EPC data is not available for all properties in Ipswich.

FLAT 7 2 BACK HAMLET: Plot

FLAT 7 2 BACK HAMLET sits on a plot of roughly 0.172 of an acre, or 695m².

Where is FLAT 7 2 BACK HAMLET?

FLAT 7, 2 BACK HAMLET is located in IPSWICH, in the IP3 postcode district.