5 Newman Drive, Kesgrave, Ipswich, IP5 2HR is a leasehold flat built in 2007 onwards. The property offers approximately 667 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £174,891 , which equates to approximately £262 per square foot. It was last sold on 12 May 2023 for £172,500. Since then, the value has increased by £2,391, representing a 1.4% increase, or approximately 0.5% per year.

The current estimated value of £174,891 is:

  • 18.9% lower than the average property price on Newman Drive
  • 33.3% lower than the average in the IP5 2HR postcode area
  • and 39.0% lower than the average price for Ipswich as a whole

At the most recent EPC inspection on 5 September 2017, the property was recorded as owner-occupied.

View sold house prices in IP5 2HR

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
667 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£174,891
Price Per sq ft (estimate)
£262
Bedroom Count (estimate)
2 bedrooms

EPC Summary

5 Newman Drive, Kesgrave, Ipswich, East Suffolk, Suffolk, IP5 2HR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 5 Sep 2017.

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 21 Oct 2008, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from sap05:main-heating to boiler and radiators, mains gas, improving energy efficiency from n/a to good.
  • The hot water system was changed from sap05:hot-water to from main system, with its energy efficiency improving from n/a to good.
  • The roof construction or insulation changed from sap05:roof to pitched, 200 mm loft insulation, improving energy efficiency from n/a to good.
  • The wall construction or insulation changed from sap05:walls to cavity wall, as built, insulated (assumed), improving energy efficiency from n/a to good.
  • The windows were upgraded from sap05:windows to fully double glazed.
  • The lighting was updated from sap05:lighting to low energy lighting in 60% of fixed outlets, with efficiency improving from n/a to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to IP5 2HR

36 th / 43
Price Rank
33% lower than average
27 th / 39
Size Rank
15% smaller than average
29 th / 39
Price Per Sq FT Rank
22% lower than average

Compared to other properties in IP5 2HR , this flat's estimated value ranks 36th out of 43. Based on price per square foot, it ranks 29th out of 39 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 27th out of 39 properties in its postcode area.

Sale History

Today
£174,891
streetscan.co.uk estimate
+1 %
12 May 2023
£172,500
Leasehold
+7.8 %
21 Nov 2017
£160,000
Leasehold
+40.4 %
11 Jul 2008
£114,000
Leasehold

Area Insights

Similar Properties Sold Nearby

35 Newman Drive, Kesgrave, Ipswich, IP5 2HR
rooms: 3
size: 624 sq ft
sale price: £195,000
sale date: 11 Oct 2023
12 Newman Drive, Kesgrave, Ipswich, IP5 2HR
rooms: 4
size: 635 sq ft
sale price: £174,000
sale date: 30 Sep 2021
36 Newman Drive, Kesgrave, Ipswich, IP5 2HR
rooms: 3
size: 732 sq ft
sale price: £145,000
sale date: 19 Sep 2016
9 Newman Drive, Kesgrave, Ipswich, IP5 2HR
rooms: 3
size: 657 sq ft
sale price: £132,500
sale date: 27 Feb 2015
7 Newman Drive, Kesgrave, Ipswich, IP5 2HR
rooms: 3
size: 646 sq ft
sale price: £124,995
sale date: 5 Aug 2008

Data Sources

The property at 5 Newman Drive, Kesgrave, Ipswich, IP5 2HR appears three times in the Land Registry records, with the latest transaction recorded on 12 May 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Sep 2017. 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.
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