Housing Market Analysis for SCHOOL LANE, IP12 3RE

Are you looking to understand IP12 3RE 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 3RE area, explore the IP12 3RE Area information page.
For comprehensive crime statistics in the IP12 3RE area, explore the IP12 3RE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP12 3RE postcode area, The average prices are as follows,

  • Detached
    • The average price is around £216,239 median price is £190,000 Standard Deviation is £139,651 with Total Sold: 6
    • The Last 5 Year average price is £440,000 with Total Sold: 1
    • The most recent sale happened at this postcode is PINE TREE COTTAGE SCHOOL LANE: £440,000 (Sold on 21 Nov 2019)
    • The first recorded sale happened at this postcode is LONG ACRES SCHOOL LANE: £39,333 (Sold on 23 Jun 1995)
  • Terraced
    • The average price is around £342,500 median price is £342,500 Standard Deviation is £52,500 with Total Sold: 2
    • The most recent sale happened at this postcode is SCHOOL HOUSE SCHOOL LANE: £290,000 (Sold on 23 Feb 2016)
    • The first recorded sale happened at this postcode is PRIMARY HOUSE SCHOOL LANE: £395,000 (Sold on 29 Sep 2006)
  • Semi-Detached
    • The average price is around £395,000 median price is £395,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is OLD SCHOOL HOUSE SCHOOL LANE: £395,000 (Sold on 15 Jul 2010)
    • The first recorded sale happened at this postcode is OLD SCHOOL HOUSE SCHOOL LANE: £395,000 (Sold on 15 Jul 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average IP12 3RE 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
2019£440,000 £2,667 1
2003£340,0001
2000£240,0001
1996£119,052 £517 2
1995£39,3331
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£290,0001
2006£395,000 £1,768 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£395,000 £2,902 1

All the Sales in the SCHOOL LANE, IP12 3RE

See the table below for more details on the sold house prices in the IP12 3RE, East Suffolk postcode.

AddressSold DatePrice% Change
PINE TREE COTTAGE SCHOOL LANEDetached, FreeholdArea: 165 Sq.mtrAge: before 190021 Nov 2019£440,000First Sale
SCHOOL HOUSE SCHOOL LANETerraced, Freehold23 Feb 2016£290,000First Sale
OLD SCHOOL HOUSE SCHOOL LANESemi-Detached, FreeholdArea: 136.09 Sq.mtrAge: before 190015 Jul 2010£395,000First Sale
PRIMARY HOUSE SCHOOL LANETerraced, FreeholdArea: 223.42 Sq.mtrAge: before 190029 Sep 2006£395,000First Sale
LITTLE GRANGE SCHOOL LANEDetached, Freehold23 May 2003£340,000246.57%
09 Aug 1996£98,103First Sale
THE OLD RECTORY SCHOOL LANEDetached, Freehold21 Dec 2000£240,000First Sale
GREEN KNOWE SCHOOL LANEDetached, FreeholdArea: 271 Sq.mtrAge: 1950-196627 Sep 1996£140,000First Sale
LONG ACRES SCHOOL LANEDetached, Freehold23 Jun 1995£39,333First Sale

Check out the sold house prices near the IP12 3RE postcode. Properties currently for saleProperties currently for rent

SCHOOL LANE, IP12 3RE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP12 3RE 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 3RE postcode.

  • Detached
    • The average price is around £228,226 median price is £215,000 Standard Deviation is £157,011 with Total Sold: 254
    • The Last 5 Year average price is £424,283 with Total Sold: 46
    • The most recent sale happened at this postcode is , 6 SWALLOWS CLOSE: £425,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , IGLIS STEBBINGS LANE: £88,000 (Sold on 28 Apr 1995)
  • Semi-Detached
    • The average price is around £167,799 median price is £169,998 Standard Deviation is £90,673 with Total Sold: 70
    • The Last 5 Year average price is £253,700 with Total Sold: 15
    • The most recent sale happened at this postcode is 6, TOWER HILL COTTAGES TOWER HILL ROAD: £335,000 (Sold on 02 May 2024)
    • The first recorded sale happened at this postcode is , 4 WILLOUGHBY RISE: £55,000 (Sold on 31 Mar 1995)
  • Terraced
    • The average price is around £156,086 median price is £151,500 Standard Deviation is £81,523 with Total Sold: 32
    • The Last 5 Year average price is £188,719 with Total Sold: 8
    • The most recent sale happened at this postcode is 5, TOWER HILL COTTAGES TOWER HILL ROAD: £195,000 (Sold on 09 Feb 2024)
    • The first recorded sale happened at this postcode is , RUN COTTAGE ALDERTON ROAD: £12,000 (Sold on 20 Jul 1995)
  • Other
    • The average price is around £530,083 median price is £352,750 Standard Deviation is £538,040 with Total Sold: 6
    • The Last 5 Year average price is £480,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , POST OFFICE THE STREET: £480,000 (Sold on 04 Dec 2019)
    • The first recorded sale happened at this postcode is , 11 SWALLOWS CLOSE: £195,000 (Sold on 19 May 2017)
  • Flat
    • The average price is around £45,250 median price is £26,500 Standard Deviation is £29,010 with Total Sold: 7
    • The most recent sale happened at this postcode is , 9 MALLARD WAY: £68,000 (Sold on 03 Jun 2014)
    • The first recorded sale happened at this postcode is , 13 MALLARD WAY: £22,750 (Sold on 23 Feb 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£757,500 £5,720 6
2023£357,500 £3,611 3
2022£412,500 £3,231 4
2021£388,647 £3,033 17
2020£359,500 £3,005 10
2019£341,250 £3,040 6
2018£294,167 £2,635 3
2017£293,500 £2,650 6
2016£267,833 £3,009 6
2015£280,500 £2,283 11
2014£221,450 £2,229 5
2013£242,478 £2,198 12
2012£233,939 £2,101 19
2011£221,750 £1,892 4
2010£272,000 £1,815 7
2009£246,666 £1,624 6
2008£210,125 £1,599 4
2007£217,350 £2,026 10
2006£223,000 £1,640 8
2005£223,200 £2,021 7
2004£173,786 £1,570 7
2003£170,711 £1,587 14
2002£153,650 £1,185 13
2001£152,100 £1,143 5
2000£139,533 £1,002 15
1999£92,306 £785 8
1998£78,394 £793 16
1997£71,965 £611 13
1996£80,821 £447 5
1995£58,333 £472 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£300,000 £3,786 2
2023£268,500 £3,898 2
2022£292,500 £4,120 1
2021£268,750 £3,122 4
2020£214,000 £2,360 3
2019£219,667 £2,694 3
2018£245,000 £2,579 1
2017£298,750 £2,658 2
2016£190,000 £2,533 1
2015£292,500 £2,403 2
2014£175,000 £1,522 1
2012£160,977 £2,171 5
2011£174,167 £1,916 3
2010£395,000 £2,902 1
2008£235,000 £1,767 1
2007£204,498 £2,087 3
2006£131,998 £2,401 3
2005£170,699 £1,635 5
2004£165,000 £1,542 1
2003£153,900 £1,668 5
2001£138,862 £1,777 4
2000£85,9501
1999£58,500 £574 1
1998£41,100 £1,000 2
1997£58,300 £516 3
1996£40,256 £502 5
1995£46,950 £782 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£195,000 £2,708 1
2023£237,500 £2,932 1
2021£192,625 £2,320 4
2020£156,750 £2,208 1
2019£150,000 £2,778 1
2018£230,000 £2,170 1
2016£290,0001
2014£171,000 £2,157 3
2013£140,200 £1,762 5
2012£181,600 £1,772 5
2006£262,500 £1,787 2
2001£71,000 £986 1
2000£60,500 £961 2
1999£42,0001
1998£60,000 £357 1
1995£12,000 £71 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£480,0001
2018£268,5003
2017£947,500 £2,725 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£68,000 £1,545 1
2008£90,0001
2005£75,5001
1998£18,0001
1997£26,5001
1996£16,0001
1995£22,7501

House Type in IP12 3RE area

The most common house types in the IP12 3RE postcode area are Detached (126), Semi-detached (24), and Terraced (22).

Total178
Detached126
Semi-detached24
Terraced22
Flat6
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 (112), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright112
Owned: Owns with a mortgage or loan44
Private rented: Private landlord or letting agency11
Social rented: Other social rented8
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the IP12 3RE have 2 people in household (94), and 1 person in household (43).

2 people in household94
1 person in household43
3 people in household22
4 people in household17
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0