2 Preston Drive

    2, PRESTON DRIVE, IPSWICH, IP1 6DR

    This detached freehold property on Preston Drive last sold in May 2024 for £400,000. Based on price growth in the IP1 district since then, its estimated current value is £426,864 — placing it in the 71st percentile nationally and the 92nd percentile within IP1. The property covers 131 m² (1,410 sq ft), giving an estimated value of £3,259 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,410 sq ft

    131 m²

    Last Sale Price

    £400,000

    May 2024

    Estimated Valuation

    £426,864

    Est. £/sq ft

    £303/sq ft

    £3,259/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,410 sq ft (131 m²)
    EPC dateApr 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 May 2024

    £400,000

    13 Sept 2019

    £290,000

    22 Mar 2002

    £121,995

    Key Metrics

    Estimated valuation£426,864
    Value per sq ft / m²£303/sq ft (£3,259/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP1 district percentile92nd percentile
    National percentile71st percentile

    District Context — IP1

    IP1 covers central Ipswich and its immediate surroundings in Suffolk, positioned in the East Anglian region. It is a mixed urban neighbourhood with a younger demographic profile and a notably high proportion of private rental accommodation.

    Average Property Price - IP1

    £255,975

    29

    National percentile

    Average Net Household Income - IP1

    £37,502

    46

    National percentile

    10-Year Annualised Price Growth - IP1

    4.0%

    65

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP1

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