Housing Market Analysis for SHOP HILL, CB8 8XL

Are you looking to understand CB8 8XL 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 8XL area, explore the CB8 8XL Area information page.
For comprehensive crime statistics in the CB8 8XL area, explore the CB8 8XL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CB8 8XL postcode area, The average prices are as follows,

  • Detached
    • The average price is around £597,500 median price is £415,000 Standard Deviation is £259,864 with Total Sold: 3
    • The Last 5 Year average price is £965,000 with Total Sold: 1
    • The most recent sale happened at this postcode is COMMERCE HOUSE SHOP HILL: £965,000 (Sold on 17 Apr 2020)
    • The first recorded sale happened at this postcode is COMMERCE HOUSE SHOP HILL: £412,500 (Sold on 10 Aug 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average CB8 8XL 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£965,0001
2016£415,000 £3,051 1
1998£412,5001

All the Sales in the SHOP HILL, CB8 8XL

See the table below for more details on the sold house prices in the CB8 8XL, West Suffolk postcode.

AddressSold DatePrice% Change
COMMERCE HOUSE SHOP HILLDetached, Freehold17 Apr 2020£965,000133.94%
10 Aug 1998£412,500First Sale
THATCHERS COTTAGE SHOP HILLDetached, FreeholdArea: 136 Sq.mtrAge: before 190029 Jan 2016£415,000First Sale

Check out the sold house prices near the CB8 8XL postcode. Properties currently for saleProperties currently for rent

SHOP HILL, CB8 8XL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CB8 8XL 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 8XL postcode.

  • Detached
    • The average price is around £296,959 median price is £250,000 Standard Deviation is £165,262 with Total Sold: 92
    • The Last 5 Year average price is £503,100 with Total Sold: 15
    • The most recent sale happened at this postcode is , 4 THE DUDDERY: £600,000 (Sold on 02 Nov 2023)
    • The first recorded sale happened at this postcode is 3, CUTBUSH COTTAGE CUTBUSH: £47,000 (Sold on 23 May 1997)
  • Semi-Detached
    • The average price is around £230,747 median price is £222,500 Standard Deviation is £115,218 with Total Sold: 19
    • The Last 5 Year average price is £353,750 with Total Sold: 4
    • The most recent sale happened at this postcode is 3, THORNS MEADOW THORNS CORNER: £335,000 (Sold on 13 Jan 2023)
    • The first recorded sale happened at this postcode is , 8 THORNS CLOSE: £52,700 (Sold on 24 Mar 1995)
  • Other
    • The average price is around £549,000 median price is £549,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 6 - 7 THE DUDDERY: £549,000 (Sold on 14 Sep 2018)
    • The first recorded sale happened at this postcode is , 6 - 7 THE DUDDERY: £549,000 (Sold on 14 Sep 2018)
  • Terraced
    • The average price is around £200,000 median price is £200,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 7 THORNS CLOSE: £200,000 (Sold on 25 Sep 2007)
    • The first recorded sale happened at this postcode is , 7 THORNS CLOSE: £200,000 (Sold on 25 Sep 2007)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£630,000 £9,875 2
2022£495,500 £3,300 2
2021£465,000 £2,962 5
2020£566,250 £3,439 4
2019£352,750 £2,684 2
2017£360,000 £2,731 2
2016£361,500 £2,400 4
2015£435,000 £2,774 4
2014£355,000 £2,388 5
2013£248,333 £2,000 3
2012£236,150 £3,048 3
2011£153,250 £4,451 2
2010£242,500 £2,763 2
2009£375,000 £2,026 2
2008£353,333 £2,301 3
2007£300,500 £1,718 6
2006£352,667 £2,092 3
2005£313,3333
2004£256,333 £1,576 3
2003£215,499 £1,493 4
2002£153,500 £507 5
2001£191,000 £1,292 6
2000£185,000 £945 3
1999£154,470 £519 5
1998£170,500 £961 5
1997£128,112 £634 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£335,000 £2,839 1
2022£280,000 £4,242 1
2019£400,000 £2,708 2
2018£330,0001
2017£255,000 £3,072 1
2016£295,000 £3,734 1
2014£340,0001
2013£205,333 £2,129 3
2012£360,000 £1,865 1
2007£222,500 £2,816 1
2003£161,500 £2,044 1
2000£125,0001
1999£74,500 £1,129 1
1995£63,233 £708 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£549,000 £3,268 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£200,0001

House Type in CB8 8XL area

The most common house types in the CB8 8XL postcode area are Detached (93), Semi-detached (36), and Terraced (5).

Total134
Detached93
Semi-detached36
Terraced5
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 outright (55), and Owned: Owns with a mortgage or loan (45).

Owned: Owns outright55
Owned: Owns with a mortgage or loan45
Private rented: Private landlord or letting agency17
Social rented: Other social rented7
Private rented: Other private rented7
Social rented: Rents from council or Local Authority3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the CB8 8XL have 2 people in household (50), and 1 person in household (36).

2 people in household50
1 person in household36
4 people in household22
3 people in household16
6 people in household5
5 people in household4
7 people in household1
0 people in household0
8 or more people in household0