7 Drake Close, Stowmarket, IP14 1UP is a leasehold flat built between 1991-1995. The property offers approximately 506 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £121,686 , which equates to approximately £241 per square foot. It was last sold on 30 Jun 2021 for £120,000. Since then, the value has increased by £1,686, representing a 1.4% increase, or approximately 0.3% per year.

The current estimated value of £121,686 is:

  • 27.3% lower than the average property price on Drake Close
  • 25.0% lower than the average in the IP14 1UP postcode area
  • and 55.7% lower than the average price for Stowmarket as a whole

At the most recent EPC inspection on 18 May 2021, the property was recorded as rented.

View sold house prices in IP14 1UP

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
506 sq ft
Tenure
Leasehold
Price (estimate)
£121,686
Price Per sq ft (estimate)
£241
Bedroom Count (estimate)
1 bedroom

EPC Summary

7 Drake Close, Stowmarket, Mid Suffolk, Suffolk, IP14 1UP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 18 May 2021.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IP14 1UP

25 th / 31
Price Rank
25% lower than average
12 th / 25
Size Rank
8% smaller than average
24 th / 25
Price Per Sq FT Rank
18% lower than average

Compared to other properties in IP14 1UP , this flat's estimated value ranks 25th out of 31. Based on price per square foot, it ranks 24th out of 25 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 12th out of 25 properties in its postcode area.

Sale History

Today
£121,686
streetscan.co.uk estimate
+1 %
30 Jun 2021
£120,000
Leasehold
+300.1 %
9 Aug 1996
£29,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £122,500
sale date: 22 Nov 2023
rooms: 2
size: 463 sq ft
sale price: £126,000
sale date: 5 Apr 2023
rooms: 2
size: 452 sq ft
sale price: £132,000
sale date: 31 Aug 2022
rooms: 2
size: 506 sq ft
sale price: £115,000
sale date: 5 May 2022
rooms: 2
size: 441 sq ft
sale price: £100,000
sale date: 31 Mar 2016

Data Sources

The property at 7 Drake Close, Stowmarket, IP14 1UP appears two times in the Land Registry records, with the latest transaction recorded on 30 Jun 2021. It also has a single Energy Performance Certificate (EPC) from 18 May 2021. 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.