7 Drake CloseHouse Prices / East of England, Mid Suffolk, Drake Close, IP14 1UP
Key Building Insights
7 Drake Close is a residential building situated on Drake Close, Stowmarket, IP14 with 2 addresses.
It ranks as the 22nd largest and 24th most expensive of the 176 buildings in the IP14 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
- Flats
Key Building Insights
7 Drake Close is a residential building situated on Drake Close, Stowmarket, IP14 with 2 addresses.
It ranks as the 22nd largest and 24th most expensive of the 176 buildings in the IP14 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
- Flats
House Pricesin 7 Drake Close
Sale prices range from £127,589 for 2 bedroom leasehold flats (505 ft2) to £128,810 for 2 bedroom leasehold flats (516 ft2) .
Monthly rental prices range from £697 pcm for 2 bed flats to £703 pcm for 2 bed flats.
The gross rental yield is between 6.5% and 6.6%.
The average value per square foot is £251.
Sales Market Trendsin 7 Drake Close
The last sale in 7 Drake Close sold for £122,500 on 22nd November 2023. Since then prices are down an average of 4.4%.
The current average value in the building is £128,200.
The 7 Drake Close Sales Market has increased by 11.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.2% | £128,200 |
| May 2025 | -0.1% | £132,439 |
| May 2024 | -2.7% | £132,514 |
| May 2023 | 0.6% | £136,139 |
| May 2022 | 7.3% | £135,281 |
| May 2021 | 3% | £126,068 |
| May 2020 | 1.4% | £122,420 |
| May 2019 | -1.2% | £120,742 |
| May 2018 | 1.4% | £122,217 |
| May 2017 | 5.2% | £120,519 |
| May 2016 | 9% | £114,540 |
| May 2015 | 4.6% | £105,127 |
| May 2014 | 8.3% | £100,456 |
| May 2013 | 3.5% | £92,759 |
| May 2012 | -1.9% | £89,599 |
| May 2011 | -1.6% | £91,334 |
| May 2010 | 3.2% | £92,798 |
| May 2009 | -10.9% | £89,937 |
| May 2008 | -2.8% | £100,927 |
| May 2007 | 0% | £103,858 |
Rental Market Trendsin 7 Drake Close
The current average rental value in the building is £700.
The 7 Drake Close Rental Market has increased by 41.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.6% | £700pcm |
| May 2025 | 4.1% | £676pcm |
| May 2024 | 7.8% | £649pcm |
| May 2023 | 6.4% | £602pcm |
| May 2022 | 5.5% | £566pcm |
| May 2021 | 5% | £536pcm |
| May 2020 | -2.3% | £511pcm |
| May 2019 | 2.7% | £522pcm |
| May 2018 | 1.9% | £509pcm |
| May 2017 | 0.7% | £499pcm |
| May 2016 | 2.6% | £496pcm |
| May 2015 | 3.4% | £483pcm |
| May 2014 | 3.6% | £467pcm |
| May 2013 | 1.3% | £451pcm |
| May 2012 | 0.2% | £445pcm |
| May 2011 | 3% | £444pcm |
| May 2010 | -2.8% | £431pcm |
| May 2009 | -4.4% | £443pcm |
| May 2008 | 2.9% | £464pcm |
| May 2007 | 0% | £451pcm |
Explore Propertiesin 7, Drake Close, Stowmarket, IP14 1UP
Sales Historyin 7, Drake Close, Stowmarket, IP14 1UP
The last sale was on 22nd November 2023 for £122,500 and since then the market in the area has decreased by 4.4%. The building has had a total of 5 sales since 1995.
7, Drake Close, Stowmarket, IP14 1UP has seen 1 sale in the last three years and no sales in the last twelve months.
Property Typesin 7 Drake Close
- 2 modern flats built after 1980
- modern flat (2)
Energy Efficiencyof properties in 7 Drake Close
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (0)
Top 3 Most Expensive Saleson Drake Close, Stowmarket, IP14
Schools Nearby
- 500mWood Ley Community Primary School
- 900mChilton Community Primary School
- 1.0kmGrace Cook Primary School
- 300mStowmarket High School
- 3.4kmStowupland High School
- 13.3kmClaydon High School
More reading links
Public Transport Nearby
The closest station to 7, Drake Close, Stowmarket, IP14 1UP is Stowmarket station, which is 1.6 kilometres away.
- 1.6kmStowmarket
- 6.8kmNeedham Market
- 6.9kmElmswell
- 13.2kmThurston
