17 Drake Close

    17, DRAKE CLOSE, STOWMARKET, IP14 1UP

    This flat/maisonette leasehold property on Drake Close last sold in April 2023 for £126,000. Based on price growth in the IP14 district since then, its estimated current value is £116,539 — placing it in the 6th percentile nationally and the 3rd percentile within IP14. The property covers 43 m² (463 sq ft), giving an estimated value of £2,710 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    463 sq ft

    43 m²

    Last Sale Price

    £126,000

    Apr 2023

    Estimated Valuation

    £116,539

    Est. £/sq ft

    £252/sq ft

    £2,710/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area463 sq ft (43 m²)
    EPC dateApr 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Apr 2023

    £126,000

    Key Metrics

    Estimated valuation£116,539
    Value per sq ft / m²£252/sq ft (£2,710/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP14 district percentile3rd percentile
    National percentile6th percentile

    District Context — IP14

    IP14 covers the Gipping Valley area in mid-Suffolk, including Needham Market and surrounding villages, sitting roughly midway between Norwich and the Essex border. It is a predominantly rural and semi-rural district with a mix of village communities, appealing to those seeking quieter living with reasonable access to larger towns.

    Average Property Price - IP14

    £310,712

    45

    National percentile

    Average Net Household Income - IP14

    £41,994

    66

    National percentile

    10-Year Annualised Price Growth - IP14

    3.0%

    30

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP14

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