Housing Market Analysis for SOMERVILLE LEA, IP15 5LH

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

Overview of Sold House prices

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

Detached
- The average price is around £277,443 median price is £195,058 Standard Deviation is £207,732 with Total Sold: 21
- The Last 5 Year average price is £790,000 with Total Sold: 2
- The most recent sale happened at this postcode is 11 SOMERVILLE LEA: £700,000 (Sold on 29 Oct 2021)
- The first recorded sale happened at this postcode is 1 SOMERVILLE LEA: £96,000 (Sold on 07 May 1999)
Semi-Detached
- The average price is around £384,580 median price is £395,000 Standard Deviation is £130,004 with Total Sold: 7
- The Last 5 Year average price is £550,000 with Total Sold: 1
- The most recent sale happened at this postcode is 17 SOMERVILLE LEA: £550,000 (Sold on 28 Jun 2021)
- The first recorded sale happened at this postcode is 14 SOMERVILLE LEA: £220,000 (Sold on 06 Oct 2000)
Terraced
- The average price is around £340,000 median price is £340,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 3 SOMERVILLE LEA: £340,000 (Sold on 28 Mar 2013)
- The first recorded sale happened at this postcode is 3 SOMERVILLE LEA: £340,000 (Sold on 28 Mar 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average IP15 5LH 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£790,000	£5,041	2
2006	£245,000		1
2005	£615,000		1
2002	£239,000		2
2001	£441,681		1
2000	£218,392	£1,617	8
1999	£119,914	£1,229	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£550,000	£5,556	1
2015	£440,000	£4,444	1
2013	£325,000	£4,276	1
2012	£550,000	£3,771	1
2003	£395,000	£2,708	1
2000	£216,029	£1,509	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2013	£340,000	£3,400	1

All the Sales in the SOMERVILLE LEA, IP15 5LH

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

Address	Sold Date	Price	% Change
11 SOMERVILLE LEADetached, FreeholdArea: 129 Sq.mtrAge: 1996-2002	29 Oct 2021	£700,000	222.58%
	18 Aug 2000	£216,999	First Sale
AMERY HOUSE, 10 SOMERVILLE LEADetached, FreeholdArea: 189 Sq.mtrAge: 1996-2002	30 Sep 2021	£880,000	First Sale
17 SOMERVILLE LEASemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1996-2002	28 Jun 2021	£550,000	25.00%
	22 Sep 2015	£440,000	148.48%
	27 Jun 2000	£177,076	First Sale
5 SOMERVILLE LEASemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1996-2002	15 May 2013	£325,000	122.60%
	01 Sep 2000	£146,000	55.32%
	25 Jun 1999	£94,000	First Sale
3 SOMERVILLE LEATerraced, FreeholdArea: 100 Sq.mtrAge: 1996-2002	28 Mar 2013	£340,000	222.27%
	07 Jun 1999	£105,500	First Sale
14 SOMERVILLE LEASemi-Detached, FreeholdArea: 145.84 Sq.mtrAge: 1983-1990	20 Jul 2012	£550,000	39.24%
	28 Nov 2003	£395,000	79.55%
	06 Oct 2000	£220,000	First Sale
7 SOMERVILLE LEADetached, Freehold	12 Apr 2006	£245,000	30.32%
	07 Aug 2002	£188,000	80.63%
	29 Jul 1999	£104,082	First Sale
6 SOMERVILLE LEADetached, Freehold	08 Dec 2005	£615,000	39.24%
	07 Dec 2001	£441,681	71.46%
	28 Apr 2000	£257,600	First Sale
2 SOMERVILLE LEADetached, Freehold	12 Jul 2002	£290,000	75.76%
2 SOMERVILLE LEADetached, Freehold	15 Nov 1999	£165,000	First Sale
19 SOMERVILLE LEADetached, Freehold	18 Dec 2000	£364,399	First Sale
12 SOMERVILLE LEASemi-Detached, Freehold	20 Oct 2000	£212,058	First Sale
9 SOMERVILLE LEADetached, FreeholdArea: 142 Sq.mtrAge: 1996-2002	23 May 2000	£195,058	First Sale
10 SOMERVILLE LEADetached, Freehold	03 Mar 2000	£220,000	First Sale
8 SOMERVILLE LEADetached, FreeholdArea: 129 Sq.mtrAge: 1996-2002	18 Feb 2000	£170,000	First Sale
4 SOMERVILLE LEADetached, FreeholdArea: 111 Sq.mtrAge: 1996-2002	22 Dec 1999	£154,899	First Sale
1 SOMERVILLE LEADetached, Freehold	07 May 1999	£96,000	First Sale

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

SOMERVILLE LEA, IP15 5LH Near By properties

Interactive Map

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

Terraced
- The average price is around £257,326 median price is £210,000 Standard Deviation is £203,562 with Total Sold: 397
- The Last 5 Year average price is £484,961 with Total Sold: 51
- 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 £238,091 median price is £235,000 Standard Deviation is £152,350 with Total Sold: 216
- The Last 5 Year average price is £340,959 with Total Sold: 28
- 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 38, ALDEBURGH LODGE ST PETERS ROAD: £60,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £286,572 median price is £250,000 Standard Deviation is £228,042 with Total Sold: 252
- The Last 5 Year average price is £473,993 with Total Sold: 36
- The most recent sale happened at this postcode is , 19 CHURCH FARM RISE: £840,000 (Sold on 22 May 2024)
- The first recorded sale happened at this postcode is , 5 MILL FIELD: £86,000 (Sold on 16 Jan 1995)
Detached
- The average price is around £392,052 median price is £306,250 Standard Deviation is £306,561 with Total Sold: 446
- The Last 5 Year average price is £739,145 with Total Sold: 40
- The most recent sale happened at this postcode is 2, THE BIRCHES LEISTON ROAD: £465,000 (Sold on 23 Apr 2024)
- The first recorded sale happened at this postcode is , ALBERT COTTAGE, 20 VICTORIA ROAD: £68,500 (Sold on 04 Jan 1995)
Other
- The average price is around £459,079 median price is £435,000 Standard Deviation is £280,491 with Total Sold: 19
- The Last 5 Year average price is £424,111 with Total Sold: 9
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£412,917		6
2023	£821,250	£6,040	4
2022	£422,250	£5,205	8
2021	£420,400	£4,422	10
2020	£495,152	£4,071	23
2019	£317,333	£4,125	15
2018	£322,556	£4,129	9
2017	£336,285	£3,568	7
2016	£450,330	£4,148	11
2015	£372,536	£3,942	14
2014	£285,005	£3,155	15
2013	£349,397	£3,806	15
2012	£299,710	£2,975	14
2011	£227,000	£2,537	6
2010	£279,150	£3,189	11
2009	£268,088	£3,207	17
2008	£262,469	£2,756	18
2007	£227,757	£2,739	23
2006	£234,992	£3,033	14
2005	£281,992	£2,363	18
2004	£239,423	£2,551	13
2003	£163,733	£2,018	15
2002	£134,119	£1,672	13
2001	£137,497	£1,906	17
2000	£165,796	£1,736	13
1999	£63,193	£782	14
1998	£65,583	£812	12
1997	£69,841	£778	19
1996	£66,696	£675	15
1995	£50,556	£739	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£321,250	£4,568	4
2023	£590,000		1
2022	£306,500	£4,592	8
2021	£402,444	£4,122	9
2020	£266,311	£4,837	6
2019	£270,800	£4,534	5
2018	£298,812	£4,127	8
2017	£393,333	£4,646	6
2016	£371,300	£3,982	10
2015	£256,867	£3,011	15
2014	£276,556	£3,385	9
2013	£254,500	£3,439	5
2012	£331,667	£5,816	6
2011	£410,500	£3,590	7
2010	£280,111	£3,628	9
2009	£237,333	£1,566	3
2008	£224,900	£3,447	10
2007	£259,650	£2,702	10
2006	£241,250	£3,558	4
2005	£223,864	£3,142	11
2004	£159,900	£2,480	5
2003	£111,950	£2,196	10
2002	£137,417	£1,614	6
2001	£144,393	£2,020	7
2000	£185,100	£2,005	15
1999	£87,000		2
1998	£65,333	£961	6
1997	£62,333	£961	3
1996	£49,727	£648	11
1995	£49,690	£915	5

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£595,000	£5,685	3
2023	£742,500	£5,287	4
2022	£499,714	£6,941	7
2021	£419,146	£5,227	12
2020	£378,100	£4,265	10
2019	£553,000	£6,660	5
2018	£376,321	£3,519	8
2017	£520,000	£4,456	3
2016	£342,778	£3,313	9
2015	£356,640	£3,606	5
2014	£362,850	£2,965	7
2013	£273,650	£3,168	10
2012	£389,688	£3,698	8
2011	£506,938	£3,556	8
2010	£303,950	£2,699	10
2009	£330,382	£2,927	12
2008	£361,488	£3,231	8
2007	£272,500	£2,818	4
2006	£345,200	£2,726	10
2005	£309,000	£2,936	5
2004	£201,900	£1,627	5
2003	£234,016	£2,081	16
2002	£196,284	£1,612	15
2001	£178,845	£2,679	10
2000	£110,954	£1,141	13
1999	£100,393	£952	7
1998	£62,010	£913	5
1997	£70,662	£981	8
1996	£77,079	£880	12
1995	£83,413	£899	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£340,000	£2,471	2
2023	£760,750	£5,947	8
2022	£944,064	£6,315	8
2021	£730,662	£5,238	8
2020	£671,571	£5,064	14
2019	£767,773	£5,049	11
2018	£667,319	£4,401	16
2017	£788,125	£4,171	8
2016	£536,987	£3,994	15
2015	£594,269	£4,402	13
2014	£704,738	£4,071	8
2013	£469,821	£3,551	14
2012	£579,300	£3,800	10
2011	£506,400	£3,248	10
2010	£495,961	£3,680	14
2009	£388,500	£2,836	16
2008	£529,050	£3,633	10
2007	£462,475	£3,042	20
2006	£331,775	£3,191	20
2005	£401,611	£2,329	18
2004	£356,600	£2,692	17
2003	£344,091	£2,835	11
2002	£259,213	£1,797	16
2001	£227,904	£1,902	19
2000	£221,375	£1,628	19
1999	£170,486	£1,338	34
1998	£159,226	£1,108	31
1997	£128,206	£990	22
1996	£109,222	£852	16
1995	£89,647	£1,071	18

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£335,000	£7,759	3
2021	£455,000	£5,221	3
2020	£482,333	£5,657	3
2019	£155,167	£1,778	3
2018	£432,500	£3,372	4
2017	£1,000,000	£4,219	1
2016	£855,000	£4,167	2

House Type in IP15 5LH area

The most common house types in the IP15 5LH postcode area are Detached (71), Semi-detached (21), and Terraced (11).

Total	112
Detached	71
Semi-detached	21
Terraced	11
Shared house	6
Flat	2
temporary structure	1
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (91), and Owned: Owns with a mortgage or loan (8).

Owned: Owns outright	91
Owned: Owns with a mortgage or loan	8
Private rented: Private landlord or letting agency	6
Social rented: Other social rented	3
Social rented: Rents from council or Local Authority	2
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the IP15 5LH have 1 person in household (57), and 2 people in household (52).

1 person in household	57
2 people in household	52
3 people in household	2
4 people in household	1
0 people in household	0
5 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0