56, Siloam Place, IP3 0FE
56 Siloam Place is a 52 m² flat in Ipswich. It sold for £125,000 in Oct 2016.
- Sale history
-
Date Paid price Annual growth After inflation Oct 2016 £125,000 15.1% 14.1% Jul 2014 £91,000 * -5.1% -7.5% Sep 2007 £130,000 na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Internal area
- 52 square metres (560 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £2,403 per square metre (£223 per square foot) in Oct 2016. Indexed forward to today's value, this is roughly £2,746 per square metre (£255 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Oct 2016 £125,000 £2,404 £142,772 £2,746 Jul 2014 £91,000 £1,750 £114,284 £2,198 Sep 2007 £130,000 £2,500 £114,715 £2,206 Calculated using the latest EPC internal area of 52 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £142,772. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Ipswich are now selling for between £2,270 and £3,210 per square metre (£210 and £298 per square foot). Based on an internal area of 52 m², this implies a valuation between £118,000 and £167,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 2
- Type
- Flat
- Council tax band
- B
- Summary:
- 22 April 2014 - energy performance certificate grade B
- Reason for EPC:
- Marketed sale
- Tenure:
- Owner-occupied
- Property type:
- 1st floor flat in an apartment block with 1 storeys , has 3 habitable rooms. Estimated year built 2003 to 2006
- Area:
- 52 sqm (560 square foot) total internal area
- Comments:
- Walls: Cavity wall, as built, insulated (assumed). Roof: (another dwelling above). Heating: Electric storage heaters.