Housing Market Analysis for TOWER LANE, IP15 5LN

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £397,000 median price is £550,000 Standard Deviation is £204,978 with Total Sold: 5
    • The most recent sale happened at this postcode is BELSTEAD BARN, 2A TOWER LANE: £575,000 (Sold on 13 Aug 2013)
    • The first recorded sale happened at this postcode is 2 TOWER LANE: £70,000 (Sold on 11 Jun 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average IP15 5LN 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
2013£575,0001
2008£550,0001
2007£550,0001
1999£155,0002

All the Sales in the TOWER LANE, IP15 5LN

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

AddressSold DatePrice% Change
BELSTEAD BARN, 2A TOWER LANEDetached, Freehold13 Aug 2013£575,000First Sale
3 TOWER LANEDetached, Freehold24 Jan 2008£550,000129.17%
09 Sep 1999£240,000First Sale
2 TOWER LANEDetached, Freehold07 Dec 2007£550,000685.71%
11 Jun 1999£70,000First Sale

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

TOWER LANE, IP15 5LN Near By properties

Interactive Map

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

  • Detached
    • The average price is around £417,291 median price is £325,000 Standard Deviation is £346,211 with Total Sold: 538
    • The Last 5 Year average price is £760,567 with Total Sold: 64
    • The most recent sale happened at this postcode is , 8 FAWCETT ROAD: £940,000 (Sold on 21 Aug 2024)
    • The first recorded sale happened at this postcode is , ALBERT COTTAGE, 20 VICTORIA ROAD: £68,500 (Sold on 04 Jan 1995)
  • Terraced
    • The average price is around £288,250 median price is £240,000 Standard Deviation is £244,595 with Total Sold: 499
    • The Last 5 Year average price is £528,312 with Total Sold: 72
    • The most recent sale happened at this postcode is , 6 ACHESON WAY: £440,000 (Sold on 20 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 £239,417 median price is £237,500 Standard Deviation is £149,516 with Total Sold: 261
    • The Last 5 Year average price is £348,875 with Total Sold: 41
    • 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 £325,399 median price is £290,000 Standard Deviation is £249,222 with Total Sold: 303
    • The Last 5 Year average price is £566,932 with Total Sold: 46
    • The most recent sale happened at this postcode is , THE STABLES CRESCENT ROAD: £1,315,000 (Sold on 12 Jun 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 £632,520 median price is £450,000 Standard Deviation is £529,613 with Total Sold: 37
    • The Last 5 Year average price is £624,262 with Total Sold: 20
    • The most recent sale happened at this postcode is , 16 HARTINGTON ROAD: £20,000 (Sold on 19 Jan 2023)
    • The first recorded sale happened at this postcode is , CANTERBURY COTTAGE, 31 KING STREET: £465,000 (Sold on 13 Nov 2014)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£730,000 £2,471 4
2023£760,750 £5,947 8
2022£917,047 £6,390 11
2021£703,209 £5,416 11
2020£705,750 £5,093 16
2019£753,964 £5,045 14
2018£680,339 £4,584 18
2017£1,275,000 £3,926 7
2016£636,024 £4,381 16
2015£592,216 £4,312 16
2014£687,325 £4,158 12
2013£554,559 £3,509 17
2012£531,286 £4,072 14
2011£529,917 £3,631 12
2010£567,289 £3,982 19
2009£446,636 £3,761 22
2008£517,318 £3,525 11
2007£454,146 £2,863 24
2006£336,696 £3,629 28
2005£445,737 £2,722 19
2004£353,456 £2,807 18
2003£347,833 £2,717 15
2002£288,356 £1,933 18
2001£224,883 £1,969 24
2000£221,935 £1,662 25
1999£192,385 £1,381 39
1998£167,639 £1,069 36
1997£137,381 £1,004 25
1996£107,364 £852 18
1995£86,626 £1,038 21
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£628,750 £5,287 8
2023£820,000 £5,780 3
2022£596,864 £5,389 11
2021£492,722 £5,169 9
2020£538,308 £4,515 26
2019£370,167 £4,861 15
2018£479,818 £4,611 11
2017£397,708 £4,117 12
2016£444,545 £4,220 10
2015£449,036 £4,122 14
2014£357,171 £3,712 18
2013£409,063 £4,111 23
2012£333,918 £3,787 14
2011£265,286 £3,166 7
2010£326,979 £3,641 17
2009£310,461 £3,484 19
2008£252,293 £3,239 22
2007£247,997 £3,178 29
2006£302,968 £3,095 19
2005£335,495 £2,811 22
2004£292,471 £2,856 17
2003£195,886 £2,188 20
2002£153,978 £2,089 20
2001£155,603 £2,121 17
2000£169,459 £1,793 16
1999£69,856 £872 16
1998£98,528 £967 18
1997£77,239 £894 30
1996£89,397 £743 22
1995£57,735 £836 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£321,250 £4,568 4
2023£445,000 £3,889 3
2022£306,500 £4,592 8
2021£441,818 £4,551 11
2020£268,483 £5,168 8
2019£317,714 £4,534 7
2018£299,950 £4,233 10
2017£449,167 £5,192 6
2016£362,750 £4,297 12
2015£256,867 £3,011 15
2014£289,455 £3,391 11
2013£247,500 £3,366 7
2012£324,286 £5,221 7
2011£410,500 £3,590 7
2010£274,636 £3,864 11
2009£246,600 £5,812 5
2008£248,125 £3,447 12
2007£247,925 £2,960 12
2006£241,250 £3,558 4
2005£231,842 £3,142 13
2004£183,688 £2,610 8
2003£114,542 £2,196 12
2002£154,779 £2,004 7
2001£144,393 £2,020 7
2000£162,000 £2,005 19
1999£61,550 £389 4
1998£60,286 £961 7
1997£66,917 £1,277 6
1996£53,227 £669 11
1995£52,350 £915 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£775,000 £5,685 4
2023£742,500 £5,287 4
2022£563,000 £7,175 7
2021£440,425 £5,752 10
2020£538,114 £4,957 14
2019£590,000 £7,117 7
2018£384,507 £3,810 9
2017£546,667 £6,007 3
2016£447,222 £3,681 9
2015£459,730 £4,196 9
2014£486,995 £5,340 10
2013£326,833 £3,474 9
2012£475,990 £3,776 9
2011£543,188 £3,852 8
2010£343,682 £2,822 11
2009£335,972 £3,116 15
2008£410,778 £3,231 9
2007£322,556 £4,088 9
2006£403,833 £2,917 12
2005£345,556 £2,841 9
2004£213,333 £1,604 6
2003£261,132 £2,163 17
2002£219,329 £1,780 16
2001£184,405 £2,736 11
2000£155,172 £1,526 14
1999£132,521 £1,178 12
1998£105,825 £929 10
1997£81,730 £953 10
1996£87,118 £833 17
1995£81,606 £912 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£20,0001
2022£927,500 £11,035 4
2021£617,800 £5,221 5
2020£811,750 £5,354 4
2019£403,208 £2,657 6
2018£432,500 £3,372 4
2017£726,249 £4,630 4
2016£475,400 £3,980 5
2015£1,147,001 £8,177 3
2014£465,0001

House Type in IP15 5LN area

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

Total112
Detached71
Semi-detached21
Terraced11
Shared house6
Flat2
temporary structure1
converted building0
commercial building0

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 outright91
Owned: Owns with a mortgage or loan8
Private rented: Private landlord or letting agency6
Social rented: Other social rented3
Social rented: Rents from council or Local Authority2
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

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

1 person in household57
2 people in household52
3 people in household2
4 people in household1
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0