24 Lancaster DriveHouse Prices / East of England, East Suffolk, Lancaster Drive, IP5 3TJ
Key Building Insights
24 Lancaster Drive is a residential building situated on Lancaster Drive, Martlesham Heath, Ipswich, IP5 with 4 addresses.
It ranks as the 246th largest and 280th most expensive of the 341 buildings in the IP5 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 4 properties: 4 flats.
- Flats
Key Building Insights
24 Lancaster Drive is a residential building situated on Lancaster Drive, Martlesham Heath, Ipswich, IP5 with 4 addresses.
It ranks as the 246th largest and 280th most expensive of the 341 buildings in the IP5 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 4 properties: 4 flats.
- Flats
House Pricesin 24 Lancaster Drive
Sale prices range from £159,298 for 2 bedroom leasehold flats (699 ft2) to £177,290 for 3 bedroom leasehold flats (861 ft2) .
Monthly rental prices range from £819 pcm for 2 bed flats to £860 pcm for 3 bed flats.
The gross rental yield is between 5.8% and 6.2%.
The average value per square foot is £210.
Sales Market Trendsin 24 Lancaster Drive
The last sale in 24 Lancaster Drive sold for £222,000 on 8th August 2022. Since then prices are down an average of 7.9%.
The current average value in the building is £170,460.
The 24 Lancaster Drive Sales Market has increased by 11.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.5% | £170,460 |
| May 2025 | -1.7% | £176,646 |
| May 2024 | -1.9% | £179,710 |
| May 2023 | 0% | £183,097 |
| May 2022 | 6.8% | £183,113 |
| May 2021 | 3.6% | £171,440 |
| May 2020 | -1% | £165,441 |
| May 2019 | 1.3% | £167,100 |
| May 2018 | 4.1% | £164,971 |
| May 2017 | 3.2% | £158,448 |
| May 2016 | 5.2% | £153,465 |
| May 2015 | 6.6% | £145,823 |
| May 2014 | 6.9% | £136,741 |
| May 2013 | 1.5% | £127,970 |
| May 2012 | 0.1% | £126,140 |
| May 2011 | 0.6% | £125,982 |
| May 2010 | 6.6% | £125,257 |
| May 2009 | -12.9% | £117,465 |
| May 2008 | -2.2% | £134,886 |
| May 2007 | 0% | £137,905 |
Rental Market Trendsin 24 Lancaster Drive
The current average rental value in the building is £840.
The 24 Lancaster Drive Rental Market has increased by 35.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.8% | £840pcm |
| May 2025 | 2.7% | £818pcm |
| May 2024 | 7.4% | £796pcm |
| May 2023 | 5.8% | £741pcm |
| May 2022 | 5.9% | £701pcm |
| May 2021 | 2.4% | £662pcm |
| May 2020 | 1.3% | £646pcm |
| May 2019 | 1.2% | £638pcm |
| May 2018 | 1.5% | £630pcm |
| May 2017 | -0.2% | £621pcm |
| May 2016 | 3% | £622pcm |
| May 2015 | 2.8% | £604pcm |
| May 2014 | 3.2% | £587pcm |
| May 2013 | 1.6% | £569pcm |
| May 2012 | 2.8% | £560pcm |
| May 2011 | 4.1% | £545pcm |
| May 2010 | 0.4% | £523pcm |
| May 2009 | -9.5% | £522pcm |
| May 2008 | 1.7% | £576pcm |
| May 2007 | 0% | £566pcm |
Explore Propertiesin 24, Lancaster Drive, Martlesham Heath, Ipswich, IP5 3TJ
Sales Historyin 24, Lancaster Drive, Martlesham Heath, Ipswich, IP5 3TJ
The last sale was on 8th August 2022 for £222,000 and since then the market in the area has decreased by 7.9%. The building has had a total of 11 sales since 1995.
24, Lancaster Drive, Martlesham Heath, Ipswich, IP5 3TJ has seen no sales in the last three years and no sales in the last twelve months.
Property Typesin 24 Lancaster Drive
- 4 modern flats built after 1980
- modern flat (4)
Energy Efficiencyof properties in 24 Lancaster Drive
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Saleson Lancaster Drive, Martlesham Heath, Ipswich, IP5
Schools Nearby
- 800mBirchwood Primary School
- 1.4kmGorseland Primary School
- 2.0kmMartlesham Primary Academy
- 2.6kmKesgrave High School
- 5.3kmSt Alban's Catholic High School
- 5.5kmFarlingaye High School
More reading links
Public Transport Nearby
The closest station to 24, Lancaster Drive, Martlesham Heath, Ipswich, IP5 3TJ is Woodbridge station, which is 4.9 kilometres away.
- 4.9kmWoodbridge
- 6.4kmDerby Road (Ipswich)
- 7.0kmMelton (Suffolk)
- 8.1kmWesterfield
