Housing Market Analysis for TERN PLACE, CB8 7FU

Are you looking to understand CB8 7FU 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 7FU area, explore the CB8 7FU Area information page.
For comprehensive crime statistics in the CB8 7FU area, explore the CB8 7FU Crime Rates page.

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £286,330 median price is £279,995 Standard Deviation is £24,392 with Total Sold: 6
    • The Last 5 Year average price is £317,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 18 TERN PLACE: £330,000 (Sold on 14 Jul 2023)
    • The first recorded sale happened at this postcode is 15 TERN PLACE: £261,995 (Sold on 29 Jun 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average CB8 7FU 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£330,000 £3,929 1
2022£305,000 £4,420 1
2018£270,745 £3,562 4

All the Sales in the TERN PLACE, CB8 7FU

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

AddressSold DatePrice% Change
18 TERN PLACESemi-Detached, FreeholdArea: 84 Sq.mtr14 Jul 2023£330,00017.86%
31 Aug 2018£279,995First Sale
16 TERN PLACESemi-Detached, FreeholdArea: 69 Sq.mtr26 May 2022£305,00016.86%
29 Jun 2018£260,995First Sale
17 TERN PLACESemi-Detached, FreeholdArea: 84 Sq.mtr31 Aug 2018£279,995First Sale
15 TERN PLACESemi-Detached, FreeholdArea: 69 Sq.mtr29 Jun 2018£261,995First Sale

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

TERN PLACE, CB8 7FU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CB8 7FU 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 7FU postcode.

  • Terraced
    • The average price is around £150,861 median price is £140,000 Standard Deviation is £71,629 with Total Sold: 182
    • The Last 5 Year average price is £241,134 with Total Sold: 28
    • The most recent sale happened at this postcode is , 18 MALLARD WAY: £287,500 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 163 BURWELL ROAD: £42,750 (Sold on 17 Feb 1995)
  • Detached
    • The average price is around £318,987 median price is £329,972 Standard Deviation is £149,135 with Total Sold: 162
    • The Last 5 Year average price is £455,444 with Total Sold: 31
    • The most recent sale happened at this postcode is , 26 MALLARD WAY: £390,000 (Sold on 25 Apr 2024)
    • The first recorded sale happened at this postcode is 1, KINGS COURT OXFORD STREET: £50,000 (Sold on 10 Feb 1995)
  • Semi-Detached
    • The average price is around £192,015 median price is £197,000 Standard Deviation is £102,709 with Total Sold: 86
    • The Last 5 Year average price is £291,467 with Total Sold: 15
    • The most recent sale happened at this postcode is , 19 OXFORD STREET: £237,000 (Sold on 27 Nov 2023)
    • The first recorded sale happened at this postcode is , 13 BURWELL ROAD: £54,500 (Sold on 28 Apr 1995)
  • Other
    • The average price is around £1,282,206 median price is £257,251 Standard Deviation is £2,051,960 with Total Sold: 7
    • The Last 5 Year average price is £305,403 with Total Sold: 3
    • The most recent sale happened at this postcode is , PLOT, 127 GLEBE DRIVE: £488,959 (Sold on 23 Jun 2023)
    • The first recorded sale happened at this postcode is , 30 MALLARD WAY: £6,179,734 (Sold on 11 Jun 2014)
  • Flat
    • The average price is around £74,000 median price is £74,000 Standard Deviation is £36,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 11 MILL LANE: £110,000 (Sold on 29 Jun 2006)
    • The first recorded sale happened at this postcode is , 7 MILL LANE: £38,000 (Sold on 22 Dec 1998)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£287,5001
2023£244,167 £3,611 6
2022£255,000 £2,763 2
2021£231,861 £3,296 9
2020£256,250 £3,199 6
2019£216,250 £3,071 4
2018£223,000 £3,009 4
2017£242,951 £3,390 15
2016£196,817 £2,678 3
2015£202,083 £2,900 6
2014£152,074 £2,291 8
2013£141,399 £2,081 5
2012£146,214 £2,020 7
2011£119,562 £1,845 8
2010£169,300 £2,068 5
2009£140,250 £1,661 6
2008£136,442 £2,209 5
2007£158,888 £2,176 9
2006£152,700 £1,926 5
2005£117,567 £1,734 9
2004£115,306 £1,692 8
2003£124,750 £1,612 11
2002£121,300 £1,613 4
2001£75,500 £1,108 8
2000£66,858 £903 4
1999£67,150 £911 3
1998£41,266 £736 6
1997£49,699 £702 7
1996£50,408 £541 6
1995£44,850 £770 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£498,167 £3,340 3
2023£508,333 £3,794 6
2022£435,417 £3,773 6
2021£432,250 £3,105 7
2020£442,833 £2,865 3
2019£434,583 £3,639 6
2018£406,522 £2,947 19
2017£403,676 £2,944 32
2016£383,265 £3,024 13
2015£264,500 £2,694 4
2014£250,000 £2,688 1
2013£307,500 £2,036 1
2012£259,500 £3,351 4
2011£260,480 £2,558 5
2010£325,000 £2,305 1
2009£225,000 £1,823 1
2008£90,0001
2007£295,325 £2,039 3
2006£253,000 £2,145 5
2005£257,500 £2,798 6
2004£207,000 £1,879 2
2002£185,2501
2001£120,817 £1,586 3
2000£110,100 £1,466 5
1999£101,500 £750 4
1998£100,200 £753 5
1997£80,786 £786 4
1996£83,778 £599 9
1995£72,5002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£325,667 £3,526 3
2022£305,000 £4,420 1
2021£294,200 £3,224 5
2020£209,800 £2,724 5
2019£570,000 £1,836 1
2018£271,596 £3,394 5
2017£261,342 £3,014 15
2015£243,165 £2,227 3
2013£122,500 £1,392 1
2012£264,998 £1,954 3
2011£176,667 £1,850 3
2010£145,000 £1,576 1
2008£198,500 £2,484 2
2007£261,667 £2,055 3
2006£136,938 £1,860 4
2004£173,254 £1,137 2
2003£161,250 £1,111 2
2002£128,000 £1,185 3
2001£91,125 £1,649 2
2000£99,812 £949 4
1999£69,167 £813 3
1998£71,630 £738 5
1997£71,750 £513 3
1996£59,700 £612 5
1995£48,750 £462 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£373,1052
2020£170,000 £2,267 1
2018£841,250 £6,225 2
2017£197,000 £2,010 1
2014£6,179,734 £44,781 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£110,0001
1998£38,000 £844 1

House Type in CB8 7FU area

The most common house types in the CB8 7FU postcode area are Detached (108), Terraced (73), and Semi-detached (55).

Total236
Detached108
Terraced73
Semi-detached55
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (99), and Owned: Owns outright (61).

Owned: Owns with a mortgage or loan99
Owned: Owns outright61
Social rented: Other social rented38
Private rented: Private landlord or letting agency16
Social rented: Rents from council or Local Authority15
Private rented: Other private rented5
Shared ownership: Shared ownership2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the CB8 7FU have 2 people in household (80), and 3 people in household (51).

2 people in household80
3 people in household51
1 person in household50
4 people in household41
5 people in household9
6 people in household3
7 people in household2
0 people in household0
8 or more people in household0