40 Gressland Court Mead Drive

    40 GRESSLAND COURT, MEAD DRIVE, KESGRAVE, IPSWICH, IP5 2HJ

    This flat/maisonette leasehold property on Mead Drive last sold in August 2016 for £225,000. Based on price growth in the IP5 district since then, its estimated current value is £316,364 — placing it in the 53rd percentile nationally and the 38th percentile within IP5. The property covers 57 m² (614 sq ft), giving an estimated value of £5,550 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £225,000

    Aug 2016

    Estimated Valuation

    £316,364

    Est. £/sq ft

    £516/sq ft

    £5,550/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateJan 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Aug 2016

    £225,000

    1 Sept 2015

    £222,000

    17 Jan 2014

    £215,000

    26 Nov 2009

    £200,000

    30 Jun 2006

    New build

    £235,950

    Key Metrics

    Estimated valuation£316,364
    Value per sq ft / m²£516/sq ft (£5,550/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP5 district percentile38th percentile
    National percentile53rd percentile

    District Context — IP5

    IP5 covers central and south-central Suffolk, including parts of the Ipswich commuter belt and surrounding rural communities. It is a mixed area combining suburban residential character with access to both town services and countryside.

    Average Property Price - IP5

    £350,618

    56

    National percentile

    Average Net Household Income - IP5

    £43,995

    73

    National percentile

    10-Year Annualised Price Growth - IP5

    3.5%

    46

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP5

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