30 Drake Close

    30, DRAKE CLOSE, STOWMARKET, IP14 1UP

    This flat/maisonette leasehold property on Drake Close last sold in May 2022 for £115,000. Based on price growth in the IP14 district since then, its estimated current value is £112,587 — placing it in the 6th percentile nationally and the 2nd percentile within IP14. The property covers 47 m² (506 sq ft), giving an estimated value of £2,395 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £115,000

    May 2022

    Estimated Valuation

    £112,587

    Est. £/sq ft

    £223/sq ft

    £2,395/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area506 sq ft (47 m²)
    EPC dateSept 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    5 May 2022

    £115,000

    21 Aug 2014

    £87,000

    30 Nov 2001

    £48,000

    26 May 2000

    £39,000

    11 Dec 1998

    £35,250

    16 Oct 1998

    £34,500

    12 May 1995

    New build

    £34,500

    Key Metrics

    Estimated valuation£112,587
    Value per sq ft / m²£223/sq ft (£2,395/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP14 district percentile2nd 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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