Housing Market Analysis for CHERRY LANE, IP15 5JR

Are you looking to understand IP15 5JR 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 IP15 5JR area, explore the IP15 5JR Area information page.
For comprehensive crime statistics in the IP15 5JR area, explore the IP15 5JR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP15 5JR postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £142,778 median price is £130,000 Standard Deviation is £103,060 with Total Sold: 4
    • The Last 5 Year average price is £293,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 CHERRY LANE: £293,000 (Sold on 06 Aug 2021)
    • The first recorded sale happened at this postcode is 2 CHERRY LANE: £18,110 (Sold on 05 Dec 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average IP15 5JR 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
2021£293,000 £3,530 1
2010£175,000 £1,944 1
2003£85,000 £944 1
2002£18,110 £218 1

All the Sales in the CHERRY LANE, IP15 5JR

See the table below for more details on the sold house prices in the IP15 5JR, East Suffolk postcode.

AddressSold DatePrice% Change
2 CHERRY LANESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-196606 Aug 2021£293,0001517.89%
05 Dec 2002£18,110First Sale
1 CHERRY LANESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1930-194903 Nov 2010£175,000105.88%
05 Mar 2003£85,000First Sale

Check out the sold house prices near the IP15 5JR postcode. Properties currently for saleProperties currently for rent

CHERRY LANE, IP15 5JR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP15 5JR 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 IP15 5JR postcode.

  • Terraced
    • The average price is around £184,737 median price is £166,000 Standard Deviation is £111,965 with Total Sold: 265
    • The Last 5 Year average price is £329,121 with Total Sold: 33
    • The most recent sale happened at this postcode is , 40 THE PLANTATION: £232,500 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 33 LEISTON ROAD: £40,000 (Sold on 17 Jan 1995)
  • Flat
    • The average price is around £204,309 median price is £190,000 Standard Deviation is £118,395 with Total Sold: 105
    • The Last 5 Year average price is £300,154 with Total Sold: 13
    • The most recent sale happened at this postcode is , 20 NORTHFIELD COURT: £300,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is FLAT 4, ST NICHOLAS COURT VICTORIA ROAD: £55,000 (Sold on 28 Jun 1996)
  • Detached
    • The average price is around £323,005 median price is £275,000 Standard Deviation is £229,664 with Total Sold: 545
    • The Last 5 Year average price is £601,360 with Total Sold: 62
    • The most recent sale happened at this postcode is , 60 SAXMUNDHAM ROAD: £975,000 (Sold on 13 Jun 2024)
    • The first recorded sale happened at this postcode is , 69 SAXMUNDHAM ROAD: £78,000 (Sold on 16 Feb 1995)
  • Semi-Detached
    • The average price is around £236,832 median price is £210,000 Standard Deviation is £184,039 with Total Sold: 273
    • The Last 5 Year average price is £423,967 with Total Sold: 38
    • The most recent sale happened at this postcode is , 17 MILL FIELD: £370,000 (Sold on 12 Apr 2024)
    • The first recorded sale happened at this postcode is , 5 MILL FIELD: £86,000 (Sold on 16 Jan 1995)
  • Other
    • The average price is around £489,750 median price is £415,000 Standard Deviation is £336,776 with Total Sold: 8
    • The Last 5 Year average price is £444,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , THE OLD LAUNDRY SAXMUNDHAM ROAD: £280,000 (Sold on 29 Sep 2022)
    • The first recorded sale happened at this postcode is , THE OLD LAUNDRY SAXMUNDHAM ROAD: £435,000 (Sold on 09 Jun 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£299,1673
2023£430,000 £5,696 2
2022£337,500 £4,987 6
2021£258,000 £3,359 5
2020£340,500 £3,638 17
2019£261,818 £3,722 11
2018£293,667 £4,113 9
2017£245,399 £3,353 5
2016£320,492 £3,883 6
2015£260,778 £3,337 9
2014£181,643 £2,651 11
2013£242,744 £3,342 8
2012£194,250 £2,532 8
2011£187,000 £2,512 5
2010£192,917 £2,867 6
2009£205,250 £2,824 8
2008£189,161 £2,768 9
2007£199,127 £2,367 15
2006£162,424 £2,593 8
2005£186,450 £2,306 11
2004£164,062 £2,168 8
2003£130,909 £1,679 11
2002£124,879 £1,547 12
2001£118,746 £1,906 14
2000£145,410 £1,626 10
1999£53,900 £728 10
1998£50,750 £839 8
1997£50,190 £758 13
1996£48,499 £633 9
1995£50,556 £739 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£332,500 £3,891 2
2022£303,000 £4,136 5
2021£308,400 £3,516 5
2020£180,000 £4,260 1
2019£271,333 £3,906 3
2018£293,643 £3,831 7
2017£247,500 £3,458 2
2016£377,500 £2,896 2
2015£239,000 £2,858 12
2014£259,375 £3,076 4
2013£260,833 £3,115 3
2012£120,000 £3,378 1
2011£225,500 £3,181 2
2010£213,500 £3,797 3
2009£92,000 £1,566 1
2008£116,750 £3,243 2
2007£198,500 £3,166 3
2006£127,500 £3,269 1
2005£192,214 £2,930 7
2004£159,900 £2,480 5
2003£74,286 £1,881 7
2002£126,250 £1,362 4
2001£176,667 £2,043 3
2000£219,455 £2,210 11
1998£27,250 £717 2
1997£55,0001
1996£43,249 £484 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£613,000 £3,529 5
2023£661,778 £5,584 9
2022£684,501 £5,979 15
2021£557,044 £4,699 18
2020£531,267 £4,931 15
2019£511,333 £3,987 12
2018£617,773 £4,428 15
2017£519,658 £4,377 19
2016£441,921 £3,869 19
2015£383,159 £3,379 22
2014£465,208 £3,688 12
2013£373,550 £3,174 15
2012£306,786 £3,070 14
2011£311,100 £3,256 15
2010£413,669 £3,382 14
2009£328,700 £2,816 15
2008£526,417 £3,914 6
2007£374,955 £2,872 22
2006£305,167 £2,978 27
2005£302,248 £2,502 21
2004£257,914 £2,276 21
2003£239,374 £2,334 14
2002£220,294 £1,783 26
2001£206,438 £1,755 23
2000£191,794 £1,470 26
1999£158,758 £1,297 35
1998£128,104 £1,041 27
1997£122,019 £981 23
1996£103,298 £925 22
1995£81,342 £1,022 18
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£472,500 £5,685 2
2023£671,000 £5,146 5
2022£475,062 £5,388 8
2021£360,327 £4,656 13
2020£332,600 £4,265 10
2019£449,444 £5,184 9
2018£305,174 £3,321 9
2017£308,564 £4,341 7
2016£313,333 £3,347 9
2015£318,750 £3,549 4
2014£267,540 £2,896 10
2013£245,591 £2,965 11
2012£329,643 £3,486 7
2011£258,286 £3,354 7
2010£251,727 £2,211 11
2009£196,333 £2,653 6
2008£310,986 £2,907 7
2007£223,874 £2,868 8
2006£275,889 £2,408 9
2005£251,571 £2,616 7
2004£174,929 £1,574 7
2003£223,359 £1,996 16
2002£166,020 £1,419 13
2001£162,765 £2,535 13
2000£98,197 £932 15
1999£84,167 £952 6
1998£61,339 £830 9
1997£66,667 £898 9
1996£55,923 £744 13
1995£70,548 £785 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£280,0001
2021£400,000 £3,883 1
2020£653,000 £7,337 1
2019£232,500 £2,664 2
2018£410,0001
2016£855,000 £4,167 2

House Type in IP15 5JR area

The most common house types in the IP15 5JR postcode area are Semi-detached (57), Detached (34), and Terraced (9).

Total105
Semi-detached57
Detached34
Terraced9
Flat4
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (54), and Owned: Owns with a mortgage or loan (20).

Owned: Owns outright54
Owned: Owns with a mortgage or loan20
Social rented: Other social rented12
Private rented: Private landlord or letting agency10
Private rented: Other private rented6
Social rented: Rents from council or Local Authority4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP15 5JR have 2 people in household (42), and 1 person in household (31).

2 people in household42
1 person in household31
3 people in household18
4 people in household13
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0