8 Gressland Court Mead Drive

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

    This flat/maisonette leasehold property on Mead Drive last sold in July 2024 for £290,000. Based on price growth in the IP5 district since then, its estimated current value is £225,889 — placing it in the 31st percentile nationally and the 10th percentile within IP5. The property covers 72 m² (775 sq ft), giving an estimated value of £3,137 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £290,000

    Jul 2024

    Estimated Valuation

    £225,889

    Est. £/sq ft

    £291/sq ft

    £3,137/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area775 sq ft (72 m²)
    EPC dateJan 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Jul 2024

    £290,000

    30 Jan 2009

    £195,000

    22 Dec 2005

    New build

    £199,950

    Key Metrics

    Estimated valuation£225,889
    Value per sq ft / m²£291/sq ft (£3,137/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP5 district percentile10th percentile
    National percentile31st 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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