Housing Market Analysis for GORSE LANE, IP12 2BD

Are you looking to understand IP12 2BD 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 2BD area, explore the IP12 2BD Area information page.
For comprehensive crime statistics in the IP12 2BD area, explore the IP12 2BD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP12 2BD postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £274,333 median price is £235,000 Standard Deviation is £70,244 with Total Sold: 3
    • The Last 5 Year average price is £373,000 with Total Sold: 1
    • The most recent sale happened at this postcode is APRIL COTTAGE, 2 GORSE LANE: £373,000 (Sold on 01 Jul 2020)
    • The first recorded sale happened at this postcode is APRIL COTTAGE, 2 GORSE LANE: £215,000 (Sold on 12 Mar 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average IP12 2BD 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£373,000 £4,144 1
2011£235,000 £2,611 1
2008£215,000 £2,389 1

All the Sales in the GORSE LANE, IP12 2BD

See the table below for more details on the sold house prices in the IP12 2BD, East Suffolk postcode.

AddressSold DatePrice% Change
APRIL COTTAGE, 2 GORSE LANESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1967-197501 Jul 2020£373,00058.72%
28 Oct 2011£235,0009.30%
12 Mar 2008£215,000First Sale

Check out the sold house prices near the IP12 2BD postcode. Properties currently for saleProperties currently for rent

GORSE LANE, IP12 2BD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP12 2BD 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 2BD postcode.

  • Semi-Detached
    • The average price is around £202,253 median price is £210,000 Standard Deviation is £107,666 with Total Sold: 36
    • The Last 5 Year average price is £332,278 with Total Sold: 9
    • The most recent sale happened at this postcode is , 12 BULLACE LANE: £400,000 (Sold on 10 Oct 2023)
    • The first recorded sale happened at this postcode is , TELMA CROFT HYDE PARK CORNER: £66,250 (Sold on 03 Jan 1995)
  • Detached
    • The average price is around £298,828 median price is £265,000 Standard Deviation is £166,701 with Total Sold: 86
    • The Last 5 Year average price is £494,168 with Total Sold: 12
    • The most recent sale happened at this postcode is , CORNER FARM COTTAGE SNAPE ROAD: £460,000 (Sold on 26 May 2023)
    • The first recorded sale happened at this postcode is , THE HOLLIES SNAPE ROAD: £160,000 (Sold on 30 Jun 1995)
  • Terraced
    • The average price is around £192,179 median price is £198,750 Standard Deviation is £61,596 with Total Sold: 14
    • The Last 5 Year average price is £220,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 7 LONG ROW: £250,000 (Sold on 03 Aug 2022)
    • The first recorded sale happened at this postcode is , 5 LONG ROW: £79,000 (Sold on 29 Dec 1999)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£400,000 £7,018 1
2022£245,000 £5,087 1
2021£365,833 £4,389 3
2020£344,000 £3,679 2
2019£280,000 £3,182 2
2018£187,400 £3,891 1
2017£230,0001
2015£150,000 £1,570 2
2014£216,0001
2013£128,000 £1,306 1
2011£238,333 £3,543 3
2010£156,500 £1,683 1
2009£268,5002
2008£212,500 £3,375 2
2006£290,000 £2,969 1
2005£210,0001
2001£84,975 £1,314 2
2000£145,000 £1,818 2
1999£70,000 £717 1
1998£58,000 £811 3
1996£64,0001
1995£63,8752
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£566,667 £3,569 3
2022£462,509 £5,776 2
2021£518,333 £4,288 3
2020£475,000 £4,439 1
2019£425,000 £3,850 3
2018£440,000 £3,411 1
2017£440,833 £4,403 6
2016£266,250 £4,891 4
2015£386,000 £2,634 4
2014£294,167 £2,611 6
2013£437,000 £2,680 5
2012£284,375 £3,072 4
2011£320,0001
2010£430,000 £3,139 1
2009£264,332 £2,983 3
2008£232,500 £2,555 1
2007£306,500 £3,895 3
2006£265,000 £2,054 1
2005£286,667 £2,952 3
2004£234,750 £4,934 2
2003£230,500 £2,077 4
2002£256,728 £2,273 3
2001£152,167 £1,379 6
2000£98,000 £2,579 1
1999£173,400 £949 5
1998£115,833 £873 3
1997£141,500 £759 2
1996£84,375 £1,182 4
1995£160,000 £895 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£250,000 £4,630 1
2019£190,000 £4,043 1
2015£225,0001
2014£207,500 £3,843 1
2013£280,000 £2,736 2
2012£230,000 £4,259 2
2010£180,000 £3,214 1
2007£174,000 £3,107 1
2006£135,000 £2,411 1
2005£140,000 £2,593 1
2001£90,000 £1,667 1
1999£79,000 £1,463 1

House Type in IP12 2BD area

The most common house types in the IP12 2BD postcode area are Detached (86), Semi-detached (47), and Terraced (11).

Total149
Detached86
Semi-detached47
Terraced11
converted building4
Shared house1
Flat0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (76), and Owned: Owns with a mortgage or loan (31).

Owned: Owns outright76
Owned: Owns with a mortgage or loan31
Private rented: Private landlord or letting agency20
Social rented: Other social rented13
Private rented: Other private rented6
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the IP12 2BD have 2 people in household (69), and 1 person in household (41).

2 people in household69
1 person in household41
3 people in household18
4 people in household17
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0