4, Drake Close
4, Drake Close
Description & Estimates
According to the public record, 4, Drake Close, Saxmundham is a modern freehold house with 678 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Drake Close, Saxmundham is £234,176 and the estimated rental value is £1,195 per month.
Drake Close, Saxmundham, IP17 is located in the borough of East Suffolk within the IP17 postal district.
Our Data Sources
4, Drake Close, Saxmundham has 2 entries in the Land Registry , most recently in August 2016 and a single entry in the EPC database dated December 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 4, Drake Close, Saxmundham is in very good condition we estimate a sale value of £245,884 and a rental value of £1,254 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,783 and a rental value of £1,111 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, Drake Close, Saxmundham has declined by £10,183 (4.3%), while its estimated rental value has climbed by £35 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Energy Efficiency
4, Drake Close, Saxmundham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Dec 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 4, Drake Close, Saxmundham was last sold on 5th August 2016 for £170,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2016, the market for similar properties has risen by 59.5%.
- Sold Aug 2016£170,000
- Sold Dec 2015£164,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Drake Close, Saxmundham within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 47, Montagu Drive, Saxmundham, IP17 1FL, a freehold house which sold for £260,000 on the 14th October 2024.
Read more about house prices in IP17.
- Sold Oct 2024£260,000 | 3 Bed House47, Montagu Drive, Saxmundham, IP17 1FL47, Montagu Drive, Saxmundham, IP17 1FL
- Sold Jun 2024£214,000 | 3 Bed House26, Gilbert Road, Saxmundham, IP17 1FE26, Gilbert Road, Saxmundham, IP17 1FE
- Sold Jun 2019£202,000 | 3 Bed House2, Drake Close, Saxmundham, IP17 1FG2, Drake Close, Saxmundham, IP17 1FG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Drake Close, Saxmundham, IP17 has a total of 15 addresses. According to our analysis of all the public data, 4, Drake Close, Saxmundham is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in IP17.
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Schools Nearby
- 700mSaxmundham Primary School
- 1.6kmKelsale Church of England Voluntary Controlled Primary School
- 1.8kmBenhall St Mary's Church of England Primary School
- 7.4kmAlde Valley Academy
- 10.3kmThomas Mills High School & Sixth Form
- 17.4kmFarlingaye High School
More reading links
Public Transport Nearby
The closest station to 4, Drake Close, Saxmundham is Saxmundham station, which is 800 metres away.
- 800mSaxmundham
- 7.2kmDarsham
- 8.9kmWickham Market
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
