Housing Market Analysis for NORMAN CLOSE, IP12 1JT

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £433,667 median price is £420,000 Standard Deviation is £177,507 with Total Sold: 9
    • The Last 5 Year average price is £760,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 NORMAN CLOSE: £760,000 (Sold on 25 May 2022)
    • The first recorded sale happened at this postcode is 7 NORMAN CLOSE: £123,000 (Sold on 18 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IP12 1JT 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
2022£760,000 £4,108 1
2016£650,0001
2013£420,000 £2,143 1
2009£390,000 £2,247 1
2007£462,500 £2,506 2
2005£345,000 £1,865 1
2004£290,000 £1,568 1
1996£123,000 £665 1

All the Sales in the NORMAN CLOSE, IP12 1JT

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

AddressSold DatePrice% Change
7 NORMAN CLOSEDetached, FreeholdArea: 185 Sq.mtrAge: 1983-199025 May 2022£760,000120.29%
16 Dec 2005£345,00018.97%
05 Nov 2004£290,000135.77%
18 Dec 1996£123,000First Sale
5 NORMAN CLOSEDetached, Freehold24 Nov 2016£650,00032.65%
19 Apr 2007£490,000First Sale
6 NORMAN CLOSEDetached, FreeholdArea: 196 Sq.mtrAge: 1976-198223 May 2013£420,000First Sale
4 NORMAN CLOSEDetached, FreeholdArea: 173.58 Sq.mtrAge: 1976-198216 Jul 2009£390,000-10.34%
02 Nov 2007£435,000First Sale

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

NORMAN CLOSE, IP12 1JT Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £203,734 median price is £187,000 Standard Deviation is £129,423 with Total Sold: 491
    • The Last 5 Year average price is £373,665 with Total Sold: 81
    • The most recent sale happened at this postcode is , 16 BERESFORD DRIVE: £380,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 79 EDWIN AVENUE: £45,000 (Sold on 17 Feb 1995)
  • Terraced
    • The average price is around £165,599 median price is £145,000 Standard Deviation is £121,960 with Total Sold: 531
    • The Last 5 Year average price is £325,125 with Total Sold: 100
    • The most recent sale happened at this postcode is , 82 CASTLE STREET: £317,500 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 26 EDWIN AVENUE: £35,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £159,562 median price is £143,500 Standard Deviation is £110,308 with Total Sold: 87
    • The Last 5 Year average price is £277,746 with Total Sold: 12
    • 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 £394,136 median price is £335,000 Standard Deviation is £294,688 with Total Sold: 646
    • The Last 5 Year average price is £686,701 with Total Sold: 104
    • The most recent sale happened at this postcode is , 19 HAUGHGATE CLOSE: £575,000 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 3 GREEN MAN WAY: £123,000 (Sold on 11 Jan 1995)
  • Other
    • The average price is around £1,324,185 median price is £325,000 Standard Deviation is £2,614,846 with Total Sold: 10
    • The Last 5 Year average price is £1,853,642 with Total Sold: 6
    • The most recent sale happened at this postcode is , MAPLE HOUSE, 86A BURY HILL: £90,000 (Sold on 05 Aug 2022)
    • The first recorded sale happened at this postcode is , 102 BURY HILL: £270,000 (Sold on 04 Sep 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£453,200 £5,722 5
2023£404,341 £4,249 11
2022£472,036 £4,793 7
2021£378,189 £3,850 28
2020£343,500 £3,372 16
2019£297,400 £3,169 14
2018£295,511 £3,224 9
2017£284,150 £2,878 20
2016£273,405 £2,955 19
2015£249,466 £2,884 18
2014£247,912 £2,743 16
2013£247,208 £2,752 12
2012£218,206 £2,307 17
2011£180,222 £2,276 9
2010£202,333 £2,304 12
2009£259,268 £2,124 11
2008£208,889 £2,117 18
2007£219,998 £2,207 25
2006£181,704 £2,130 24
2005£177,733 £1,914 18
2004£176,730 £1,722 15
2003£151,204 £1,972 12
2002£129,094 £1,482 26
2001£97,738 £1,204 21
2000£91,723 £1,032 20
1999£84,675 £948 18
1998£65,752 £820 21
1997£65,682 £642 11
1996£52,691 £550 24
1995£55,250 £592 14
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£292,438 £4,271 8
2023£272,571 £3,747 14
2022£375,893 £5,899 14
2021£410,326 £4,063 30
2020£276,966 £3,279 22
2019£224,292 £2,790 12
2018£227,050 £2,891 10
2017£258,467 £2,975 15
2016£224,000 £2,833 18
2015£211,409 £3,010 11
2014£233,712 £2,872 13
2013£180,522 £2,382 20
2012£161,167 £2,217 15
2011£142,544 £2,043 8
2010£185,357 £2,001 14
2009£177,088 £2,177 17
2008£183,111 £1,990 13
2007£148,071 £1,809 26
2006£138,152 £2,053 24
2005£156,052 £1,863 18
2004£126,204 £1,583 12
2003£103,895 £1,525 10
2002£106,683 £1,312 23
2001£96,066 £1,149 21
2000£66,824 £1,072 20
1999£59,059 £782 24
1998£63,192 £782 19
1997£49,384 £577 21
1996£46,402 £580 34
1995£46,198 £599 25
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£313,0002
2022£390,000 £3,430 1
2021£280,369 £3,891 8
2020£74,000 £1,480 1
2018£149,000 £2,453 4
2017£161,250 £3,281 2
2016£166,036 £2,976 7
2015£102,250 £1,989 2
2014£207,175 £2,748 8
2013£247,000 £2,736 2
2012£132,500 £2,310 2
2011£143,500 £2,929 1
2010£221,071 £3,171 7
2009£225,000 £2,477 5
2008£108,750 £2,113 4
2007£139,299 £2,249 5
2005£166,250 £2,762 2
2004£112,571 £2,057 5
2002£97,000 £1,426 1
2001£92,000 £1,267 1
2000£56,125 £828 4
1999£46,738 £810 4
1997£46,125 £878 4
1996£54,500 £751 1
1995£41,250 £693 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£766,250 £4,513 6
2023£767,125 £5,030 16
2022£678,475 £4,771 20
2021£710,077 £4,503 26
2020£697,994 £4,090 22
2019£511,287 £3,892 14
2018£676,357 £4,060 21
2017£740,338 £3,909 28
2016£446,700 £3,152 15
2015£440,650 £2,885 15
2014£473,500 £3,280 15
2013£468,303 £2,747 19
2012£450,977 £3,103 22
2011£508,469 £2,713 21
2010£486,588 £2,613 17
2009£362,238 £2,479 21
2008£410,250 £2,543 12
2007£438,123 £2,407 30
2006£319,500 £2,101 22
2005£268,708 £1,843 21
2004£363,376 £2,284 17
2003£278,413 £1,741 23
2002£269,702 £1,595 26
2001£242,488 £1,455 21
2000£188,476 £1,444 20
1999£170,930 £1,265 31
1998£157,890 £1,039 30
1997£155,612 £951 39
1996£128,178 £864 39
1995£128,023 £890 17
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£90,000 £874 1
2021£9,069,849 £72,385 1
2020£5,0001
2019£652,333 £2,650 3
2018£616,667 £2,669 3
2017£270,000 £3,333 1

House Type in IP12 1JT area

The most common house types in the IP12 1JT postcode area are Detached (107), Semi-detached (21), and Terraced (13).

Total152
Detached107
Semi-detached21
Terraced13
Flat8
converted building3
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (95), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright95
Owned: Owns with a mortgage or loan40
Private rented: Private landlord or letting agency10
Shared ownership: Shared ownership4
Social rented: Other social rented3
Does not apply0
Social rented: Rents from council or Local Authority0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the IP12 1JT have 2 people in household (70), and 1 person in household (31).

2 people in household70
1 person in household31
3 people in household27
4 people in household20
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0