Housing Market Analysis for RUSSELL CLOSE, IP12 4LE

Are you looking to understand IP12 4LE 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 4LE area, explore the IP12 4LE Area information page.
For comprehensive crime statistics in the IP12 4LE area, explore the IP12 4LE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP12 4LE postcode area, The average prices are as follows,

  • Detached
    • The average price is around £259,875 median price is £297,500 Standard Deviation is £107,837 with Total Sold: 4
    • The Last 5 Year average price is £343,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 8 RUSSELL CLOSE: £325,000 (Sold on 16 Sep 2022)
    • The first recorded sale happened at this postcode is 2 RUSSELL CLOSE: £82,000 (Sold on 19 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IP12 4LE 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£325,000 £3,495 1
2021£362,500 £3,898 1
2013£270,000 £1,800 1
1996£82,0001

All the Sales in the RUSSELL CLOSE, IP12 4LE

See the table below for more details on the sold house prices in the IP12 4LE, East Suffolk postcode.

AddressSold DatePrice% Change
8 RUSSELL CLOSEDetached, FreeholdArea: 93 Sq.mtrAge: 1930-194916 Sep 2022£325,000-10.34%
24 Sep 2021£362,500First Sale
6 RUSSELL CLOSEDetached, FreeholdArea: 150 Sq.mtrAge: 1930-194902 Dec 2013£270,000First Sale
2 RUSSELL CLOSEDetached, Freehold19 Aug 1996£82,000First Sale

Check out the sold house prices near the IP12 4LE postcode. Properties currently for saleProperties currently for rent

RUSSELL CLOSE, IP12 4LE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP12 4LE 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 4LE postcode.

  • Terraced
    • The average price is around £132,341 median price is £126,500 Standard Deviation is £72,234 with Total Sold: 157
    • The Last 5 Year average price is £226,205 with Total Sold: 22
    • The most recent sale happened at this postcode is , 6 FARLINGAYES: £160,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 10 FARLINGAYES: £45,000 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £169,955 median price is £140,000 Standard Deviation is £114,067 with Total Sold: 128
    • The Last 5 Year average price is £304,346 with Total Sold: 19
    • The most recent sale happened at this postcode is , 41 CATHERINE ROAD: £237,500 (Sold on 22 May 2024)
    • The first recorded sale happened at this postcode is , 45 CATHERINE ROAD: £67,500 (Sold on 20 Jul 1995)
  • Detached
    • The average price is around £299,878 median price is £260,000 Standard Deviation is £216,550 with Total Sold: 341
    • The Last 5 Year average price is £516,770 with Total Sold: 63
    • The most recent sale happened at this postcode is , 17 PRENTICES LANE: £710,000 (Sold on 28 Feb 2024)
    • The first recorded sale happened at this postcode is , 21 GRUNDISBURGH ROAD: £48,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £53,140 median price is £55,000 Standard Deviation is £30,803 with Total Sold: 64
    • The Last 5 Year average price is £88,278 with Total Sold: 9
    • The most recent sale happened at this postcode is FLAT 5, 73 COBBOLD ROAD: £67,500 (Sold on 22 Jun 2023)
    • The first recorded sale happened at this postcode is FLAT 5, 87 COBBOLD ROAD: £21,000 (Sold on 17 Feb 1995)
  • Other
    • The average price is around £1,325,000 median price is £350,000 Standard Deviation is £1,280,305 with Total Sold: 5
    • The Last 5 Year average price is £1,598,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , HAUGHGATE NURSING HOME HAUGH LANE: £3,000,000 (Sold on 29 Mar 2023)
    • The first recorded sale happened at this postcode is , 31 TENNYSON CLOSE: £230,000 (Sold on 23 Nov 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,625 £3,758 4
2023£204,000 £3,120 2
2022£200,500 £3,598 4
2021£248,200 £3,394 5
2020£227,000 £2,540 4
2019£238,333 £2,946 3
2018£178,667 £3,200 6
2017£212,938 £2,991 8
2016£226,500 £2,771 4
2015£167,000 £2,457 3
2014£180,950 £2,486 5
2013£188,124 £2,098 4
2012£148,100 £2,036 5
2011£130,833 £2,159 6
2010£155,250 £1,527 2
2009£116,833 £1,921 6
2008£167,625 £2,268 2
2007£176,990 £2,372 5
2006£128,153 £1,996 13
2005£105,399 £2,251 5
2004£114,750 £1,726 6
2003£111,612 £1,428 4
2002£88,950 £1,410 6
2001£73,249 £1,149 4
2000£58,582 £1,067 6
1999£55,500 £845 7
1998£53,650 £731 5
1997£47,675 £695 14
1996£42,500 £770 4
1995£40,740 £580 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£311,250 £3,438 2
2023£408,000 £4,399 3
2022£275,644 £3,539 4
2021£261,417 £3,508 6
2020£285,000 £2,481 2
2019£347,500 £3,705 2
2018£250,250 £3,550 4
2017£478,583 £2,628 3
2016£275,438 £2,895 4
2015£234,167 £2,532 3
2014£166,833 £1,705 2
2013£180,850 £1,896 3
2012£247,000 £2,519 3
2011£146,229 £2,055 7
2010£215,090 £1,986 5
2009£207,500 £2,173 2
2008£177,688 £2,090 4
2007£207,650 £2,198 5
2006£153,750 £1,973 4
2005£137,750 £1,387 6
2004£139,612 £2,057 4
2003£132,799 £1,582 5
2002£104,420 £1,374 7
2001£70,000 £1,028 5
2000£92,500 £956 4
1999£77,917 £732 6
1998£58,300 £837 8
1997£50,455 £635 10
1996£57,375 £522 4
1995£67,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£618,500 £5,504 2
2023£707,444 £4,620 9
2022£573,917 £4,327 6
2021£482,083 £3,787 18
2020£529,471 £3,849 17
2019£348,227 £4,036 11
2018£568,179 £3,577 14
2017£385,417 £3,430 6
2016£418,246 £3,305 14
2015£397,875 £3,020 8
2014£378,673 £2,483 9
2013£335,312 £2,798 12
2012£258,286 £2,234 7
2011£285,273 £2,465 11
2010£296,496 £2,584 14
2009£275,000 £2,228 4
2008£365,060 £2,581 10
2007£329,162 £2,242 12
2006£276,700 £2,238 11
2005£274,833 £2,334 15
2004£272,000 £1,972 9
2003£208,408 £1,658 12
2002£212,154 £1,646 12
2001£243,450 £1,518 10
2000£104,241 £975 15
1999£94,192 £961 13
1998£122,125 £754 10
1997£93,498 £717 20
1996£73,806 £614 18
1995£71,996 £558 12
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£93,333 £3,652 3
2022£112,000 £2,866 2
2019£72,625 £2,986 4
2018£111,083 £3,192 3
2016£60,000 £2,465 2
2014£61,000 £2,542 1
2012£76,000 £2,455 2
2011£50,000 £2,085 1
2010£74,475 £2,306 2
2008£75,000 £2,560 3
2007£65,0001
2006£61,0002
2005£64,2502
2004£54,8577
2003£58,475 £2,078 2
2002£46,617 £1,378 3
2001£27,7503
2000£22,333 £987 3
1999£22,181 £834 8
1998£24,312 £1,000 4
1997£21,0002
1996£27,000 £659 1
1995£22,000 £707 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£3,000,0001
2022£2,780,0001
2021£307,500 £3,082 2
2017£230,000 £2,614 1

House Type in IP12 4LE area

The most common house types in the IP12 4LE postcode area are Detached (77), Semi-detached (36), and Terraced (12).

Total126
Detached77
Semi-detached36
Terraced12
commercial building1
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (75), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright75
Owned: Owns with a mortgage or loan35
Social rented: Other social rented8
Private rented: Private landlord or letting agency5
Social rented: Rents from council or Local Authority2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP12 4LE have 2 people in household (47), and 1 person in household (37).

2 people in household47
1 person in household37
3 people in household23
4 people in household15
5 people in household2
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0