Housing Market Analysis for PARK TERRACE, IP12 1GP

Are you looking to understand IP12 1GP 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 1GP area, explore the IP12 1GP Area information page.
For comprehensive crime statistics in the IP12 1GP area, explore the IP12 1GP Crime Rates page.

Overview of Sold House prices

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

  • Terraced
    • The average price is around £241,667 median price is £195,000 Standard Deviation is £115,060 with Total Sold: 3
    • The most recent sale happened at this postcode is 3 PARK TERRACE: £400,000 (Sold on 20 Dec 2016)
    • The first recorded sale happened at this postcode is 3 PARK TERRACE: £130,000 (Sold on 25 Feb 1999)
  • Detached
    • The average price is around £212,429 median price is £165,000 Standard Deviation is £70,260 with Total Sold: 7
    • The most recent sale happened at this postcode is 1 PARK TERRACE: £313,000 (Sold on 27 Sep 2006)
    • The first recorded sale happened at this postcode is 1 PARK TERRACE: £130,000 (Sold on 19 Feb 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average IP12 1GP 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
2016£400,000 £2,105 1
1999£162,500 £855 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£304,000 £3,460 2
2003£266,000 £3,120 1
2000£165,0001
1999£149,333 £1,396 3

All the Sales in the PARK TERRACE, IP12 1GP

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

AddressSold DatePrice% Change
3 PARK TERRACETerraced, FreeholdArea: 190 Sq.mtrAge: 1996-200220 Dec 2016£400,000105.13%
03 Dec 1999£195,00050.00%
25 Feb 1999£130,000First Sale
1 PARK TERRACEDetached, Freehold27 Sep 2006£313,000140.77%
19 Feb 1999£130,000First Sale
2 PARK TERRACEDetached, FreeholdArea: 85.26 Sq.mtrAge: 1996-200217 Jul 2006£295,00010.90%
31 Mar 2003£266,00067.30%
06 Aug 1999£159,000First Sale
4 PARK TERRACEDetached, Freehold14 Jan 2000£165,000First Sale
5 PARK TERRACEDetached, FreeholdArea: 171.57 Sq.mtrAge: 1996-200228 Jun 1999£159,000First Sale

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

PARK TERRACE, IP12 1GP Near By properties

Interactive Map

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

  • Detached
    • The average price is around £333,638 median price is £277,000 Standard Deviation is £197,232 with Total Sold: 365
    • The Last 5 Year average price is £612,364 with Total Sold: 33
    • The most recent sale happened at this postcode is , 18 ST AUDRYS PARK ROAD: £395,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , REDWALD HOUSE ST AUDRYS PARK ROAD: £201,000 (Sold on 01 Oct 1997)
  • Terraced
    • The average price is around £269,211 median price is £215,000 Standard Deviation is £192,196 with Total Sold: 99
    • The Last 5 Year average price is £426,267 with Total Sold: 6
    • The most recent sale happened at this postcode is , 2 UPPER MELTON TERRACE: £315,000 (Sold on 18 Apr 2023)
    • The first recorded sale happened at this postcode is , 5 UPPER MELTON TERRACE: £52,500 (Sold on 13 Jan 1995)
  • Semi-Detached
    • The average price is around £191,815 median price is £168,748 Standard Deviation is £108,247 with Total Sold: 38
    • The Last 5 Year average price is £384,975 with Total Sold: 2
    • The most recent sale happened at this postcode is , 44 GARROD APPROACH: £399,950 (Sold on 16 Nov 2020)
    • The first recorded sale happened at this postcode is , 2 YARMOUTH ROAD: £62,500 (Sold on 02 Sep 1997)
  • Other
    • The average price is around £495,000 median price is £495,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , LINKS COTTAGE ST AUDRYS PARK ROAD: £495,000 (Sold on 09 Jan 2015)
    • The first recorded sale happened at this postcode is , LINKS COTTAGE ST AUDRYS PARK ROAD: £495,000 (Sold on 09 Jan 2015)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£562,500 £4,339 2
2023£1,027,750 £5,016 4
2022£610,000 £4,662 8
2021£532,300 £4,529 5
2020£527,562 £3,487 8
2019£535,000 £3,898 6
2018£593,833 £3,441 6
2017£471,000 £3,212 6
2016£573,300 £2,892 5
2015£572,5002
2014£487,500 £3,061 6
2013£459,295 £2,691 10
2012£485,938 £3,067 8
2011£435,421 £2,984 7
2010£433,333 £2,940 6
2009£401,125 £2,614 8
2008£426,182 £2,526 11
2007£456,492 £2,585 6
2006£371,441 £2,631 18
2005£464,426 £2,287 14
2004£365,225 £2,475 20
2003£320,500 £1,972 20
2002£301,040 £1,696 36
2001£233,855 £1,574 29
2000£182,606 £1,386 39
1999£151,546 £1,183 43
1998£165,977 £1,058 30
1997£170,500 £470 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£315,000 £3,750 1
2021£325,000 £3,328 2
2020£265,000 £2,624 1
2019£663,800 £3,464 2
2018£281,875 £3,376 4
2017£325,396 £3,477 8
2016£459,500 £3,335 5
2015£568,516 £3,019 6
2014£340,600 £2,321 5
2013£327,500 £2,541 4
2012£352,714 £2,497 7
2011£250,000 £2,310 1
2010£210,000 £2,079 1
2007£468,333 £2,085 3
2006£177,500 £2,213 2
2005£385,000 £3,170 2
2004£239,975 £2,218 2
2003£168,744 £1,929 8
2002£163,314 £1,666 7
2001£166,750 £1,698 3
2000£164,750 £1,362 8
1999£99,944 £1,058 10
1998£59,917 £550 3
1997£57,500 £685 1
1996£51,248 £527 2
1995£52,500 £648 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£399,950 £4,255 1
2019£370,000 £3,936 1
2017£345,000 £4,013 1
2014£270,000 £1,888 1
2012£392,250 £2,580 2
2010£375,000 £2,228 1
2008£185,000 £2,126 1
2007£219,998 £3,113 2
2006£243,0002
2005£197,750 £2,544 2
2004£196,250 £2,344 2
2003£188,317 £1,704 3
2002£146,913 £1,885 6
2001£157,375 £1,807 2
2000£125,808 £1,586 6
1999£68,330 £1,163 3
1997£62,250 £705 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£495,000 £4,583 1

House Type in IP12 1GP area

The most common house types in the IP12 1GP postcode area are Terraced (62), Detached (33), and Semi-detached (17).

Total112
Terraced62
Detached33
Semi-detached17
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 (70), and Owned: Owns with a mortgage or loan (23).

Owned: Owns outright70
Owned: Owns with a mortgage or loan23
Private rented: Private landlord or letting agency18
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the IP12 1GP have 2 people in household (39), and 1 person in household (35).

2 people in household39
1 person in household35
3 people in household20
4 people in household14
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0