12 Merlin House Creeting Road East

    12 MERLIN HOUSE, CREETING ROAD EAST, STOWMARKET, IP14 5GD

    This flat/maisonette leasehold property on Creeting Road East last sold in March 2021 for £140,000. Based on price growth in the IP14 district since then, its estimated current value is £142,463 — placing it in the 11th percentile nationally and the 5th percentile within IP14. The property covers 58 m² (624 sq ft), giving an estimated value of £2,456 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £140,000

    Mar 2021

    Estimated Valuation

    £142,463

    Est. £/sq ft

    £228/sq ft

    £2,456/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateMay 2015
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Mar 2021

    £140,000

    24 Nov 2017

    £140,000

    28 Sept 2015

    £122,500

    27 Feb 2015

    £61,250

    Key Metrics

    Estimated valuation£142,463
    Value per sq ft / m²£228/sq ft (£2,456/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP14 district percentile5th percentile
    National percentile11th 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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