3 Drake Close

    3, DRAKE CLOSE, STOWMARKET, STOWMARKET, IP14 1UP

    This flat/maisonette leasehold property on Drake Close last sold in October 2005 for £103,500. Based on price growth in the IP14 district since then, its estimated current value is £163,018 — placing it in the 15th percentile nationally and the 8th percentile within IP14. The property covers 58 m² (624 sq ft), giving an estimated value of £2,811 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £103,500

    Oct 2005

    Estimated Valuation

    £163,018

    Est. £/sq ft

    £261/sq ft

    £2,811/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateSept 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters, Room heaters, electric

    Transaction History

    21 Oct 2005

    £103,500

    Key Metrics

    Estimated valuation£163,018
    Value per sq ft / m²£261/sq ft (£2,811/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP14 district percentile8th percentile
    National percentile15th 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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