24B Lancaster Drive, Martlesham Heath, Ipswich, IP5 3TJ is a leasehold flat built between 1983-1990. The property offers approximately 700 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £200,283 , which equates to approximately £286 per square foot. It was last sold on 27 May 2014 for £150,000. Since then, the value has increased by £50,283, representing a 33.5% increase, or approximately 2.9% per year.

The current estimated value of £200,283 is:

  • 49.4% lower than the average property price on Lancaster Drive
  • 51.2% lower than the average in the IP5 3TJ postcode area
  • and 27.2% lower than the average price for Ipswich as a whole

At the most recent EPC inspection on 14 March 2014, the property was recorded as owner-occupied.

View sold house prices in IP5 3TJ

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
700 sq ft
Tenure
Leasehold
Price (estimate)
£200,283
Price Per sq ft (estimate)
£286
Bedroom Count (estimate)
2 bedrooms

EPC Summary

24B Lancaster Drive, Martlesham Heath, Ipswich, Suffolk Coastal, Suffolk, IP5 3TJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 Mar 2014.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 5 Oct 2008, and the property received the same rating of C with an unchanged energy efficiency score of 75.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 86% of fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to IP5 3TJ

22 nd / 33
Price Rank
51% lower than average
26 th / 28
Size Rank
51% smaller than average
11 th / 28
Price Per Sq FT Rank
1% lower than average

Compared to other properties in IP5 3TJ , this flat's estimated value ranks 22th out of 33. Based on price per square foot, it ranks 11th out of 28 properties. In terms of size, this home ranks 26th out of 28 properties in its postcode area.

Sale History

Today
£200,283
streetscan.co.uk estimate
+34 %
27 May 2014
£150,000
Leasehold
+20 %
9 Dec 2005
£125,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 797 sq ft
sale price: £125,000
sale date: 13 Jan 2014
rooms: 4
size: 797 sq ft
sale price: £210,000
sale date: 23 Feb 2007

Data Sources

The property at 24B Lancaster Drive, Martlesham Heath, Ipswich, IP5 3TJ appears two times in the Land Registry records, with the latest transaction recorded on 27 May 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Mar 2014. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.