Housing Market Analysis for PROSPECT PLACE, IP12 1AY

Are you looking to understand IP12 1AY 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 East Suffolk postcode.

For the location information and nearby amenities in the IP12 1AY area, explore the IP12 1AY Area information page.
For comprehensive crime statistics in the IP12 1AY area, explore the IP12 1AY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP12 1AY postcode area, The average prices are as follows,

Terraced
- The average price is around £162,553 median price is £155,500 Standard Deviation is £70,553 with Total Sold: 22
- The Last 5 Year average price is £263,333 with Total Sold: 3
- The most recent sale happened at this postcode is 14 PROSPECT PLACE: £310,000 (Sold on 12 May 2022)
- The first recorded sale happened at this postcode is 15 PROSPECT PLACE: £48,500 (Sold on 18 Aug 1995)
Semi-Detached
- The average price is around £160,488 median price is £158,975 Standard Deviation is £48,524 with Total Sold: 4
- The most recent sale happened at this postcode is 10 PROSPECT PLACE: £230,000 (Sold on 01 Jun 2007)
- The first recorded sale happened at this postcode is 4 PROSPECT PLACE: £94,000 (Sold on 15 Dec 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average IP12 1AY 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£310,000	£3,735	1
2020	£240,000	£3,202	2
2016	£260,000	£3,824	1
2015	£211,000	£2,542	1
2014	£225,000	£3,754	1
2013	£146,000	£1,802	1
2012	£155,500	£2,333	2
2010	£115,000	£1,983	1
2007	£215,250	£2,547	2
2005	£163,000	£1,895	1
2004	£145,000	£1,686	1
2003	£167,500	£2,795	1
2002	£142,750	£2,147	2
2001	£110,000	£1,447	1
1999	£60,995	£1,018	1
1998	£64,000	£744	1
1997	£43,168	£502	1
1995	£48,500	£564	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£198,975	£2,786	2
2005	£150,000	£1,923	1
2000	£94,000	£1,469	1

All the Sales in the PROSPECT PLACE, IP12 1AY

See the table below for more details on the sold house prices in the IP12 1AY, East Suffolk postcode.

Address	Sold Date	Price	% Change
14 PROSPECT PLACETerraced, FreeholdArea: 83 Sq.mtrAge: before 1900	12 May 2022	£310,000	46.92%
	11 Dec 2015	£211,000	0.48%
	21 Dec 2007	£210,000	First Sale
5 PROSPECT PLACETerraced, FreeholdArea: 76 Sq.mtrAge: before 1900	17 Sep 2020	£230,000	109.09%
	15 May 2001	£110,000	First Sale
13 PROSPECT PLACETerraced, FreeholdArea: 74 Sq.mtrAge: before 1900	27 Mar 2020	£250,000	First Sale
18 PROSPECT PLACETerraced, FreeholdArea: 68 Sq.mtrAge: before 1900	31 Mar 2016	£260,000	First Sale
7 PROSPECT PLACETerraced, FreeholdArea: 59.93 Sq.mtrAge: before 1900	04 Sep 2014	£225,000	34.33%
	28 Jul 2003	£167,500	21.82%
	11 Sep 2002	£137,500	125.43%
	12 Mar 1999	£60,995	First Sale
8 PROSPECT PLACETerraced, FreeholdArea: 81 Sq.mtrAge: 1900-1929	25 Apr 2013	£146,000	2.82%
	06 Sep 2012	£142,000	First Sale
2 PROSPECT PLACETerraced, FreeholdArea: 58 Sq.mtrAge: 1900-1929	15 Jun 2012	£169,000	46.96%
	22 Oct 2010	£115,000	First Sale
10 PROSPECT PLACESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1900-1929	01 Jun 2007	£230,000	53.33%
	15 Sep 2005	£150,000	First Sale
4 PROSPECT PLACESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1900-1929	14 Feb 2007	£167,950	78.67%
	15 Dec 2000	£94,000	First Sale
15 PROSPECT PLACETerraced, FreeholdArea: 86 Sq.mtrAge: 1900-1929	09 Feb 2007	£220,500	35.28%
	09 Feb 2005	£163,000	236.08%
	18 Aug 1995	£48,500	First Sale
11 PROSPECT PLACETerraced, FreeholdArea: 86 Sq.mtrAge: 1900-1929	06 Apr 2004	£145,000	126.56%
	23 Jun 1998	£64,000	48.26%
	10 Oct 1997	£43,168	First Sale
6 PROSPECT PLACETerraced, FreeholdArea: 74 Sq.mtrAge: 1930-1949	30 Oct 2002	£148,000	First Sale

Check out the sold house prices near the IP12 1AY postcode. Properties currently for saleProperties currently for rent

PROSPECT PLACE, IP12 1AY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP12 1AY 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 IP12 1AY postcode.

Terraced
- The average price is around £229,561 median price is £214,750 Standard Deviation is £162,584 with Total Sold: 372
- The Last 5 Year average price is £361,969 with Total Sold: 64
- The most recent sale happened at this postcode is , 7 ST JOHNS TERRACE: £358,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 15 BEACONSFIELD ROAD: £48,000 (Sold on 24 Mar 1995)
Flat
- The average price is around £146,964 median price is £130,000 Standard Deviation is £84,248 with Total Sold: 517
- The Last 5 Year average price is £187,626 with Total Sold: 79
- The most recent sale happened at this postcode is , 9 MILL LANE: £187,000 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 10, OLD RECTORY COURT MELTON ROAD: £51,000 (Sold on 20 Jan 1995)
Detached
- The average price is around £407,770 median price is £340,000 Standard Deviation is £305,269 with Total Sold: 503
- The Last 5 Year average price is £719,685 with Total Sold: 67
- The most recent sale happened at this postcode is , JASMINE LODGE ST JOHNS STREET: £845,000 (Sold on 11 Jun 2024)
- The first recorded sale happened at this postcode is , 3 GREEN MAN WAY: £123,000 (Sold on 11 Jan 1995)
Semi-Detached
- The average price is around £255,228 median price is £235,000 Standard Deviation is £159,988 with Total Sold: 248
- The Last 5 Year average price is £429,645 with Total Sold: 47
- The most recent sale happened at this postcode is , FIRSIDE MELTON HILL: £635,000 (Sold on 19 Apr 2024)
- The first recorded sale happened at this postcode is 2, TAILORS COTTAGES LITTLE ST JOHNS STREET: £55,000 (Sold on 23 May 1995)
Other
- The average price is around £491,327 median price is £300,000 Standard Deviation is £912,549 with Total Sold: 33
- The Last 5 Year average price is £881,661 with Total Sold: 14
- The most recent sale happened at this postcode is , 54 THOROUGHFARE: £300,000 (Sold on 01 Nov 2022)
- The first recorded sale happened at this postcode is , THE NATIONAL HALL SUN LANE: £250,000 (Sold on 27 Feb 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£419,600	£4,851	5
2023	£353,125	£5,145	4
2022	£401,071	£5,233	14
2021	£382,273	£4,578	22
2020	£287,143	£3,713	7
2019	£301,708	£3,632	12
2018	£300,194	£4,574	9
2017	£365,333	£3,684	9
2016	£276,919	£3,725	13
2015	£283,167	£3,301	9
2014	£370,261	£3,771	23
2013	£262,450	£3,097	10
2012	£257,465	£3,048	14
2011	£236,722	£2,657	9
2010	£257,542	£2,712	12
2009	£213,125	£2,688	12
2008	£211,227	£3,023	13
2007	£236,746	£2,782	14
2006	£207,994	£2,535	17
2005	£203,367	£2,295	15
2004	£233,550	£2,244	18
2003	£200,659	£2,403	11
2002	£151,892	£1,693	17
2001	£107,892	£1,141	6
2000	£98,945	£1,388	13
1999	£75,287	£1,155	12
1998	£76,352	£795	11
1997	£58,441	£708	14
1996	£48,414	£673	16
1995	£59,905	£732	11

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£210,125	£3,448	8
2023	£189,538	£2,960	13
2022	£201,941	£3,344	17
2021	£179,526	£3,102	17
2020	£154,125	£2,941	12
2019	£195,250	£3,254	12
2018	£206,321	£3,167	16
2017	£197,876	£3,441	26
2016	£225,337	£3,566	29
2015	£199,675	£3,303	28
2014	£170,725	£2,752	24
2013	£179,229	£2,587	12
2012	£146,250	£2,455	13
2011	£136,000	£2,600	17
2010	£210,828	£2,795	9
2009	£157,688	£2,282	16
2008	£132,423	£2,718	13
2007	£141,241	£2,676	23
2006	£126,269	£2,553	13
2005	£136,759	£2,383	11
2004	£117,326	£2,350	47
2003	£109,511	£2,197	45
2002	£109,948	£2,148	32
2001	£78,821	£1,631	7
2000	£62,967	£1,063	9
1999	£57,832	£1,017	14
1998	£58,583	£1,059	6
1997	£51,071	£991	7
1996	£49,792	£906	12
1995	£43,722	£844	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£717,500		3
2023	£918,000	£5,111	10
2022	£793,250	£4,926	14
2021	£730,857	£4,392	14
2020	£606,188	£4,056	18
2019	£579,688	£3,897	8
2018	£784,203	£4,051	15
2017	£804,706	£4,531	24
2016	£509,545	£3,397	11
2015	£536,183	£3,042	12
2014	£593,900	£3,423	10
2013	£513,179	£2,902	14
2012	£568,881	£2,935	13
2011	£564,917	£2,836	17
2010	£602,499	£2,868	12
2009	£343,750	£2,565	20
2008	£469,653	£2,504	10
2007	£411,905	£2,442	21
2006	£315,576	£2,101	19
2005	£355,300	£2,041	13
2004	£427,542	£2,313	12
2003	£334,730	£2,142	20
2002	£265,265	£1,614	20
2001	£212,769	£1,583	13
2000	£224,292	£1,603	18
1999	£170,930	£1,258	26
1998	£160,285	£1,023	26
1997	£155,319	£934	42
1996	£136,078	£882	30
1995	£135,244	£865	18

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£548,750	£5,457	4
2023	£380,400	£3,988	5
2022	£542,500	£5,095	6
2021	£417,183	£4,142	18
2020	£398,062	£4,741	8
2019	£357,917	£3,819	6
2018	£406,667	£4,403	3
2017	£342,500	£3,885	9
2016	£422,429	£4,223	7
2015	£289,362	£3,113	8
2014	£272,556	£2,848	9
2013	£250,000	£3,234	7
2012	£279,000	£2,343	5
2011	£277,750	£3,143	6
2010	£268,917	£3,060	6
2009	£312,450	£2,278	6
2008	£271,875	£2,494	12
2007	£239,272	£2,891	9
2006	£267,592	£2,826	13
2005	£199,667	£2,285	9
2004	£312,207	£2,644	7
2003	£179,071	£2,034	7
2002	£159,000	£1,598	10
2001	£188,606	£2,037	9
2000	£97,215	£1,138	14
1999	£118,364	£1,237	11
1998	£69,331	£996	13
1997	£85,125	£718	10
1996	£92,357	£958	6
1995	£77,700	£814	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£1,802,500	£6,212	4
2021	£242,083	£3,756	3
2020	£571,400	£2,899	5
2019	£775,000	£3,004	2
2018	£129,059	£774	9
2017	£276,000	£3,938	5
2016	£216,341	£2,127	3
2015	£430,000		1
2014	£250,000		1

House Type in IP12 1AY area

The most common house types in the IP12 1AY postcode area are Detached (39), Semi-detached (34), and Terraced (29).

Total	132
Detached	39
Semi-detached	34
Terraced	29
Flat	28
Shared house	1
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (51), and Social rented: Other social rented (33).

Owned: Owns outright	51
Social rented: Other social rented	33
Owned: Owns with a mortgage or loan	26
Private rented: Private landlord or letting agency	18
Private rented: Other private rented	5
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the IP12 1AY have 1 person in household (61), and 2 people in household (40).

1 person in household	61
2 people in household	40
4 people in household	14
3 people in household	12
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0