7 Read Close

    7, READ CLOSE, STOWMARKET, IP14 1XP

    This detached freehold property on Read Close last sold in December 2020 for £359,500. Based on price growth in the IP14 district since then, its estimated current value is £407,509 — placing it in the 68th percentile nationally and the 80th percentile within IP14. The property covers 127 m² (1,367 sq ft), giving an estimated value of £3,209 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,367 sq ft

    127 m²

    Last Sale Price

    £359,500

    Dec 2020

    Estimated Valuation

    £407,509

    Est. £/sq ft

    £298/sq ft

    £3,209/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,367 sq ft (127 m²)
    EPC dateNov 2019
    WallsAverage thermal transmittance 0.25 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Dec 2020

    £359,500

    20 Dec 2019

    New build

    £355,000

    Key Metrics

    Estimated valuation£407,509
    Value per sq ft / m²£298/sq ft (£3,209/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP14 district percentile80th percentile
    National percentile68th 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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