Housing Market Analysis for RAYES LANE, CB8 7AB

Are you looking to understand CB8 7AB house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this West Suffolk postcode.

For the location information and nearby amenities in the CB8 7AB area, explore the CB8 7AB Area information page.
For comprehensive crime statistics in the CB8 7AB area, explore the CB8 7AB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CB8 7AB postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £227,200 median price is £231,000 Standard Deviation is £49,167 with Total Sold: 5
    • The Last 5 Year average price is £290,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 RAYES LANE: £290,000 (Sold on 17 Jul 2023)
    • The first recorded sale happened at this postcode is 3 RAYES LANE: £150,000 (Sold on 13 Oct 2005)
  • Detached
    • The average price is around £341,000 median price is £341,000 Standard Deviation is £159,000 with Total Sold: 2
    • The Last 5 Year average price is £500,000 with Total Sold: 1
    • The most recent sale happened at this postcode is DRILL HALL COTTAGE RAYES LANE: £182,000 (Sold on 27 Mar 2013)
    • The first recorded sale happened at this postcode is SURREY COTTAGE RAYES LANE: £500,000 (Sold on 03 Jan 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average CB8 7AB house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£290,000 £4,833 1
2019£265,000 £4,417 1
2006£215,5002
2005£150,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£182,000 £2,395 1
2024£500,000 £5,000 1

All the Sales in the RAYES LANE, CB8 7AB

See the table below for more details on the sold house prices in the CB8 7AB, West Suffolk postcode.

AddressSold DatePrice% Change
2 RAYES LANESemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1967-197517 Jul 2023£290,0009.43%
23 Aug 2019£265,000First Sale
DRILL HALL COTTAGE RAYES LANEDetached, FreeholdArea: 76 Sq.mtrAge: 1900-192927 Mar 2013£182,000First Sale
3 RAYES LANESemi-Detached, Freehold08 Dec 2006£231,00015.50%
14 Mar 2006£200,00033.33%
13 Oct 2005£150,000First Sale
SURREY COTTAGE RAYES LANEDetached, FreeholdArea: 100 Sq.mtrAge: 1967-197503 Jan 2024£500,000First Sale

Check out the sold house prices near the CB8 7AB postcode. Properties currently for saleProperties currently for rent

RAYES LANE, CB8 7AB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CB8 7AB postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the CB8 7AB postcode.

  • Detached
    • The average price is around £258,753 median price is £210,000 Standard Deviation is £187,214 with Total Sold: 142
    • The Last 5 Year average price is £379,433 with Total Sold: 15
    • The most recent sale happened at this postcode is 16, THE SEVERALS BURY ROAD: £780,000 (Sold on 09 Sep 2024)
    • The first recorded sale happened at this postcode is , 78 BILL RICKABY DRIVE: £67,500 (Sold on 10 Jul 1995)
  • Semi-Detached
    • The average price is around £159,888 median price is £140,000 Standard Deviation is £102,622 with Total Sold: 371
    • The Last 5 Year average price is £265,902 with Total Sold: 46
    • The most recent sale happened at this postcode is , 4 BILL RICKABY DRIVE: £300,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 4 TANNERSFIELD WAY: £46,000 (Sold on 05 Jan 1995)
  • Terraced
    • The average price is around £155,118 median price is £138,000 Standard Deviation is £98,258 with Total Sold: 907
    • The Last 5 Year average price is £252,640 with Total Sold: 108
    • The most recent sale happened at this postcode is , 53 LOWTHER STREET: £240,500 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 59 EXETER ROAD: £24,000 (Sold on 10 Feb 1995)
  • Flat
    • The average price is around £159,691 median price is £135,000 Standard Deviation is £95,024 with Total Sold: 464
    • The Last 5 Year average price is £206,275 with Total Sold: 61
    • The most recent sale happened at this postcode is FLAT 1, 120 HIGH STREET: £120,000 (Sold on 22 Jul 2024)
    • The first recorded sale happened at this postcode is FLAT 4, THE GALLOPS OLD STATION ROAD: £100,000 (Sold on 05 Jan 1995)
  • Other
    • The average price is around £1,575,794 median price is £545,000 Standard Deviation is £3,551,626 with Total Sold: 89
    • The Last 5 Year average price is £709,387 with Total Sold: 44
    • The most recent sale happened at this postcode is , MARKET HOUSE HIGH STREET: £770,000 (Sold on 16 Feb 2024)
    • The first recorded sale happened at this postcode is , 69 EXNING ROAD: £8,000,000 (Sold on 02 Apr 2014)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£640,000 £5,000 2
2023£276,667 £3,488 3
2022£437,500 £3,716 2
2021£318,786 £3,256 7
2020£475,000 £2,847 1
2019£235,000 £2,765 1
2018£325,083 £3,382 6
2017£385,000 £2,750 2
2016£250,000 £3,125 1
2015£248,333 £3,077 3
2014£368,124 £2,386 8
2013£275,000 £2,449 4
2012£343,857 £2,140 7
2011£411,667 £1,878 3
2010£169,667 £1,923 3
2009£213,333 £2,176 6
2008£333,250 £4,105 4
2007£285,091 £2,505 11
2006£338,000 £2,326 3
2005£343,800 £2,132 5
2004£217,750 £2,839 4
2003£271,500 £1,795 6
2002£230,250 £1,596 11
2001£320,990 £1,587 5
2000£152,500 £1,720 2
1999£121,000 £1,250 9
1998£101,799 £1,030 7
1997£84,000 £788 7
1996£145,325 £850 6
1995£72,917 £888 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£309,000 £3,592 9
2023£269,050 £3,459 10
2022£252,500 £3,359 8
2021£285,000 £2,941 10
2020£210,000 £2,794 9
2019£212,536 £2,952 7
2018£188,400 £2,620 10
2017£221,477 £2,673 11
2016£266,781 £2,815 12
2015£191,525 £2,624 8
2014£166,500 £2,391 9
2013£218,644 £2,537 9
2012£251,945 £2,364 10
2011£177,975 £1,715 12
2010£150,156 £1,927 8
2009£144,625 £1,752 5
2008£156,638 £2,032 11
2007£140,305 £1,886 32
2006£194,552 £2,498 19
2005£208,955 £2,186 11
2004£153,280 £2,103 15
2003£152,916 £1,806 12
2002£128,653 £1,509 19
2001£112,367 £1,441 12
2000£85,442 £913 13
1999£97,625 £1,045 12
1998£70,727 £863 11
1997£66,571 £806 19
1996£47,834 £756 16
1995£57,925 £739 22
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£276,786 £3,506 7
2023£248,203 £3,064 22
2022£249,554 £3,205 36
2021£275,125 £2,852 26
2020£220,588 £2,763 17
2019£237,067 £2,721 30
2018£224,760 £2,686 24
2017£267,745 £2,973 27
2016£236,506 £2,500 27
2015£217,340 £2,432 25
2014£186,834 £2,005 28
2013£164,344 £2,030 25
2012£180,145 £1,958 29
2011£153,907 £1,589 27
2010£148,511 £1,803 22
2009£136,289 £1,887 19
2008£156,731 £1,880 26
2007£156,688 £1,943 41
2006£132,875 £1,759 58
2005£137,821 £1,888 31
2004£160,073 £1,799 31
2003£153,407 £1,561 35
2002£165,174 £1,610 39
2001£109,104 £1,282 52
2000£84,057 £1,015 34
1999£64,849 £855 34
1998£59,610 £764 40
1997£56,188 £691 48
1996£47,666 £562 21
1995£46,373 £605 26
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£200,6254
2023£176,864 £2,795 11
2022£183,150 £2,961 15
2021£252,317 £3,400 15
2020£206,422 £2,833 16
2019£195,850 £2,788 20
2018£247,412 £3,077 17
2017£197,235 £2,869 17
2016£219,892 £3,170 37
2015£175,433 £2,221 15
2014£154,826 £2,046 23
2013£159,208 £2,365 19
2012£140,536 £1,855 7
2011£98,000 £1,479 9
2010£144,562 £1,798 8
2009£136,406 £1,795 8
2008£232,500 £2,708 4
2007£243,450 £2,048 10
2006£110,968 £1,869 31
2005£161,486 £2,176 22
2004£141,996 £2,078 13
2003£161,976 £2,059 29
2002£116,465 £1,699 20
2001£134,660 £1,412 15
2000£138,937 £1,439 23
1999£46,494 £825 8
1998£52,381 £978 11
1997£75,781 £1,050 12
1996£57,207 £746 7
1995£103,775 £1,059 18
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£770,0001
2023£297,1437
2022£845,692 £9,714 13
2021£477,555 £4,060 11
2020£1,009,661 £3,195 12
2019£2,304,652 £10,102 10
2018£4,089,3754
2017£602,49211
2016£1,135,533 £1,093 9
2015£943,0005
2014£8,011,0666

House Type in CB8 7AB area

The most common house types in the CB8 7AB postcode area are Flat (45), Semi-detached (29), and Detached (25).

Total147
Flat45
Semi-detached29
Detached25
Terraced21
converted building21
Shared house3
commercial building3
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (43), and Social rented: Other social rented (25).

Private rented: Private landlord or letting agency43
Social rented: Other social rented25
Owned: Owns outright23
Owned: Owns with a mortgage or loan18
Private rented: Other private rented16
Shared ownership: Shared ownership12
Social rented: Rents from council or Local Authority12
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the CB8 7AB have 1 person in household (65), and 2 people in household (53).

1 person in household65
2 people in household53
3 people in household13
4 people in household9
5 people in household3
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0