2 Morgan Drive

    2, MORGAN DRIVE, IPSWICH, IP1 5QG

    This detached freehold property on Morgan Drive last sold in December 2019 for £312,000. Based on price growth in the IP1 district since then, its estimated current value is £359,398 — placing it in the 61st percentile nationally and the 88th percentile within IP1. The property covers 179 m² (1,927 sq ft), giving an estimated value of £2,008 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,927 sq ft

    179 m²

    Last Sale Price

    £312,000

    Dec 2019

    Estimated Valuation

    £359,398

    Est. £/sq ft

    £187/sq ft

    £2,008/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,927 sq ft (179 m²)
    EPC dateApr 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Dec 2019

    £312,000

    28 Jun 2002

    £148,500

    29 Jun 2001

    New build

    £129,950

    Key Metrics

    Estimated valuation£359,398
    Value per sq ft / m²£187/sq ft (£2,008/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP1 district percentile88th percentile
    National percentile61st 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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