31 Drake Close

    31, DRAKE CLOSE, STOWMARKET, IP14 1UP

    This flat/maisonette leasehold property on Drake Close last sold in March 2016 for £100,000. Based on price growth in the IP14 district since then, its estimated current value is £113,578 — placing it in the 6th percentile nationally and the 3rd percentile within IP14. The property covers 41 m² (441 sq ft), giving an estimated value of £2,770 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £100,000

    Mar 2016

    Estimated Valuation

    £113,578

    Est. £/sq ft

    £257/sq ft

    £2,770/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area441 sq ft (41 m²)
    EPC dateJan 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    31 Mar 2016

    £100,000

    2 Jan 2014

    £88,000

    31 Jan 2011

    £74,000

    26 Oct 2001

    £49,000

    21 Sept 1999

    £36,000

    12 Jul 1996

    New build

    £29,250

    Key Metrics

    Estimated valuation£113,578
    Value per sq ft / m²£257/sq ft (£2,770/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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