123 Melford Road

    123, MELFORD ROAD, STOWMARKET, STOWMARKET, IP14 2PT

    This flat/maisonette freehold property on Melford Road last sold in January 2003 for £72,000. Based on price growth in the IP14 district since then, its estimated current value is £124,815 — placing it in the 8th percentile nationally and the 4th percentile within IP14. The property covers 32 m² (344 sq ft), giving an estimated value of £3,900 per m². The EPC rating is E, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    344 sq ft

    32 m²

    Last Sale Price

    £72,000

    Jan 2003

    Estimated Valuation

    £124,815

    Est. £/sq ft

    £362/sq ft

    £3,900/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area344 sq ft (32 m²)
    EPC dateNov 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    2 Jan 2003

    £72,000

    Key Metrics

    Estimated valuation£124,815
    Value per sq ft / m²£362/sq ft (£3,900/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP14 district percentile4th percentile
    National percentile8th 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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