Housing Market Analysis for ROYAL PALACE CLOSE, CB8 7RS

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £141,211 median price is £126,250 Standard Deviation is £68,277 with Total Sold: 14
    • The most recent sale happened at this postcode is 12 ROYAL PALACE CLOSE: £275,000 (Sold on 19 Jan 2018)
    • The first recorded sale happened at this postcode is 6 ROYAL PALACE CLOSE: £34,000 (Sold on 23 Aug 1996)
  • Semi-Detached
    • The average price is around £137,750 median price is £131,250 Standard Deviation is £55,503 with Total Sold: 4
    • The most recent sale happened at this postcode is 1 ROYAL PALACE CLOSE: £207,000 (Sold on 30 Sep 2015)
    • The first recorded sale happened at this postcode is 2 ROYAL PALACE CLOSE: £81,500 (Sold on 28 Jul 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average CB8 7RS 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£275,000 £2,223 1
2017£281,000 £2,034 1
2014£185,000 £1,496 1
2009£126,875 £1,037 4
2006£189,0001
2004£145,0001
2001£115,0001
2000£81,817 £812 3
1996£34,000 £272 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£207,000 £1,656 1
2003£177,5001
2000£83,250 £680 2

All the Sales in the ROYAL PALACE CLOSE, CB8 7RS

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

AddressSold DatePrice% Change
12 ROYAL PALACE CLOSETerraced, FreeholdArea: 123.68 Sq.mtrAge: 1950-196619 Jan 2018£275,00048.65%
21 Mar 2014£185,00042.31%
30 Jan 2009£130,000First Sale
14 ROYAL PALACE CLOSETerraced, FreeholdArea: 138.18 Sq.mtrAge: 1967-197506 Dec 2017£281,000124.80%
28 Aug 2009£125,000First Sale
1 ROYAL PALACE CLOSESemi-Detached, FreeholdArea: 125 Sq.mtrAge: 1976-198230 Sep 2015£207,000143.53%
16 Nov 2000£85,000First Sale
13 ROYAL PALACE CLOSETerraced, FreeholdArea: 107 Sq.mtrAge: 1976-198217 Sep 2009£127,500First Sale
6 ROYAL PALACE CLOSETerraced, FreeholdArea: 124.94 Sq.mtrAge: 1976-198215 May 2009£125,000267.65%
23 Aug 1996£34,000First Sale
3 ROYAL PALACE CLOSETerraced, Freehold30 Oct 2006£189,00064.35%
15 Nov 2001£115,00038.55%
21 Jul 2000£83,000First Sale
10 ROYAL PALACE CLOSETerraced, Freehold18 Mar 2004£145,000First Sale
2 ROYAL PALACE CLOSESemi-Detached, Freehold13 Oct 2003£177,500117.79%
28 Jul 2000£81,500First Sale
11 ROYAL PALACE CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1976-198207 Jul 2000£82,500First Sale
9 ROYAL PALACE CLOSETerraced, FreeholdArea: 124.74 Sq.mtrAge: 1976-198219 Apr 2000£79,950First Sale

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

ROYAL PALACE CLOSE, CB8 7RS Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £124,901 median price is £124,000 Standard Deviation is £59,623 with Total Sold: 533
    • The Last 5 Year average price is £214,160 with Total Sold: 67
    • The most recent sale happened at this postcode is , 129 PARKERS WALK: £218,000 (Sold on 11 Sep 2024)
    • The first recorded sale happened at this postcode is , 22 HIGHCLERE CLOSE: £35,000 (Sold on 23 Jan 1995)
  • Semi-Detached
    • The average price is around £146,629 median price is £135,000 Standard Deviation is £91,602 with Total Sold: 237
    • The Last 5 Year average price is £267,487 with Total Sold: 34
    • The most recent sale happened at this postcode is , 11 CHALONER WAY: £360,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 337 HETHERSETT CLOSE: £48,500 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £332,515 median price is £300,000 Standard Deviation is £198,626 with Total Sold: 145
    • The Last 5 Year average price is £479,550 with Total Sold: 29
    • The most recent sale happened at this postcode is , 286 HETHERSETT CLOSE: £345,000 (Sold on 29 May 2024)
    • The first recorded sale happened at this postcode is , 29 VINCENT CLOSE: £49,500 (Sold on 17 Mar 1995)
  • Other
    • The average price is around £922,447 median price is £414,975 Standard Deviation is £1,270,437 with Total Sold: 24
    • The Last 5 Year average price is £1,134,229 with Total Sold: 13
    • The most recent sale happened at this postcode is , UNIT 13 VICTORIA WAY: £175,000 (Sold on 21 Dec 2023)
    • The first recorded sale happened at this postcode is , DENMARK HOUSE VICTORIA WAY: £350,000 (Sold on 01 Aug 2016)
  • Flat
    • The average price is around £103,000 median price is £103,000 Standard Deviation is £18,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 117 PARKERS WALK: £121,000 (Sold on 30 Jul 2010)
    • The first recorded sale happened at this postcode is , 117 PARKERS WALK: £85,000 (Sold on 06 Jul 2009)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£228,1254
2023£256,000 £3,000 7
2022£237,444 £3,123 9
2021£210,130 £2,914 23
2020£193,767 £2,963 12
2019£195,750 £2,773 12
2018£216,278 £2,273 9
2017£202,062 £2,634 20
2016£186,285 £2,519 23
2015£172,038 £2,025 13
2014£145,535 £2,065 21
2013£140,727 £1,759 11
2012£133,496 £1,754 13
2011£133,667 £1,846 15
2010£129,033 £1,834 15
2009£122,776 £1,281 38
2008£137,938 £2,014 8
2007£146,863 £2,188 11
2006£138,598 £2,001 26
2005£124,839 £1,814 19
2004£121,397 £1,700 22
2003£106,387 £1,472 31
2002£87,154 £1,225 22
2001£74,850 £1,036 22
2000£63,834 £782 36
1999£53,517 £736 33
1998£47,726 £693 17
1997£44,747 £614 15
1996£40,157 £561 14
1995£36,062 £533 12
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£335,000 £2,981 2
2023£255,625 £3,428 4
2022£264,775 £3,286 6
2021£297,950 £3,130 12
2020£211,375 £2,410 4
2019£232,083 £2,374 6
2018£227,150 £2,622 10
2017£318,480 £2,709 5
2016£231,417 £2,648 6
2015£172,167 £2,014 9
2014£162,553 £1,882 8
2013£143,700 £1,657 10
2012£148,250 £1,896 4
2011£136,833 £1,737 6
2010£120,000 £1,892 3
2009£131,722 £1,311 20
2008£124,065 £1,676 4
2007£168,332 £1,809 6
2006£134,467 £1,625 9
2005£158,055 £1,814 9
2004£155,938 £1,827 8
2003£153,333 £1,598 9
2002£120,500 £1,205 7
2001£72,350 £942 10
2000£69,443 £740 14
1999£59,569 £743 13
1998£47,090 £600 10
1997£63,661 £682 9
1996£41,700 £485 5
1995£41,828 £525 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£345,0001
2023£506,667 £2,644 6
2022£353,917 £3,270 3
2021£531,336 £3,344 14
2020£367,875 £2,776 4
2019£550,000 £2,865 1
2018£222,000 £3,107 2
2017£420,400 £3,061 5
2016£413,700 £2,634 10
2015£447,644 £2,661 9
2014£383,929 £2,365 7
2013£287,000 £2,002 5
2012£406,000 £2,191 5
2010£258,625 £2,169 4
2009£306,750 £1,561 4
2008£233,700 £2,507 5
2007£319,499 £2,202 4
2006£308,333 £2,436 6
2005£338,000 £1,980 5
2004£383,333 £1,926 12
2003£329,000 £1,480 6
2002£183,375 £1,673 4
2001£175,0001
2000£173,000 £918 2
1999£75,000 £665 3
1998£47,250 £709 2
1997£90,500 £757 3
1996£56,986 £616 7
1995£75,400 £391 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£305,0003
2022£2,300,000 £3,045 2
2021£873,333 £1,532 3
2020£1,321,9975
2018£290,3754
2017£1,116,4505
2016£325,0002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£121,000 £1,891 1
2009£85,000 £1,328 1

House Type in CB8 7RS area

The most common house types in the CB8 7RS postcode area are Semi-detached (94), Terraced (68), and Detached (12).

Total180
Semi-detached94
Terraced68
Detached12
Flat3
Shared house2
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (107), and Owned: Owns with a mortgage or loan (44).

Private rented: Private landlord or letting agency107
Owned: Owns with a mortgage or loan44
Owned: Owns outright22
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the CB8 7RS have 2 people in household (48), and 4 people in household (42).

2 people in household48
4 people in household42
3 people in household39
1 person in household29
5 people in household16
6 people in household3
7 people in household1
0 people in household0
8 or more people in household0