40 Melford Road

    40, MELFORD ROAD, STOWMARKET, IP14 2PP

    This terraced freehold property on Melford Road last sold in October 2013 for £137,500. Based on price growth in the IP14 district since then, its estimated current value is £213,612 — placing it in the 28th percentile nationally and the 20th percentile within IP14. The property covers 66 m² (710 sq ft), giving an estimated value of £3,237 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £137,500

    Oct 2013

    Estimated Valuation

    £213,612

    Est. £/sq ft

    £301/sq ft

    £3,237/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialA
    Floor area710 sq ft (66 m²)
    EPC dateFeb 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Oct 2013

    £137,500

    14 Sept 2007

    £144,000

    11 May 2001

    £75,500

    1 Mar 1995

    £46,000

    Key Metrics

    Estimated valuation£213,612
    Value per sq ft / m²£301/sq ft (£3,237/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP14 district percentile20th percentile
    National percentile28th 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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