Housing Market Analysis for RED HOUSE LANE, IP16 4LA

Are you looking to understand IP16 4LA 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 IP16 4LA area, explore the IP16 4LA Area information page.
For comprehensive crime statistics in the IP16 4LA area, explore the IP16 4LA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP16 4LA postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £172,420 median price is £169,000 Standard Deviation is £89,080 with Total Sold: 15
    • The Last 5 Year average price is £330,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 13 RED HOUSE LANE: £330,000 (Sold on 13 Sep 2023)
    • The first recorded sale happened at this postcode is 15 RED HOUSE LANE: £46,000 (Sold on 21 Mar 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IP16 4LA 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
2023£330,000 £3,267 2
2018£221,500 £2,586 2
2017£234,400 £2,537 2
2016£187,500 £1,856 1
2015£147,500 £1,799 1
2012£169,000 £2,375 1
2010£165,000 £2,220 1
2003£104,000 £1,387 1
2001£78,500 £801 1
1999£50,000 £703 1
1998£67,000 £508 1
1997£46,000 £619 1

All the Sales in the RED HOUSE LANE, IP16 4LA

See the table below for more details on the sold house prices in the IP16 4LA, East Suffolk postcode.

AddressSold DatePrice% Change
13 RED HOUSE LANESemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1967-197513 Sep 2023£330,0000.0
13 Sep 2023£330,00076.00%
16 Dec 2016£187,500First Sale
25 RED HOUSE LANESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1950-196619 Dec 2018£208,000100.00%
10 Oct 2003£104,000First Sale
23 RED HOUSE LANESemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1950-196618 Jul 2018£235,000199.36%
15 Jun 2001£78,500First Sale
21 RED HOUSE LANESemi-Detached, FreeholdArea: 71.16 Sq.mtrAge: 1950-196604 Oct 2017£235,00039.05%
13 Jul 2012£169,000238.00%
17 Nov 1999£50,000First Sale
27 RED HOUSE LANESemi-Detached, FreeholdArea: 132 Sq.mtrAge: 1967-197513 Apr 2017£233,800248.96%
03 Dec 1998£67,000First Sale
17 RED HOUSE LANESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-196610 Feb 2015£147,500First Sale
15 RED HOUSE LANESemi-Detached, FreeholdArea: 74.32 Sq.mtrAge: 1950-196608 Dec 2010£165,000258.70%
21 Mar 1997£46,000First Sale

Check out the sold house prices near the IP16 4LA postcode. Properties currently for saleProperties currently for rent

RED HOUSE LANE, IP16 4LA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP16 4LA 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 IP16 4LA postcode.

  • Terraced
    • The average price is around £111,335 median price is £115,000 Standard Deviation is £60,575 with Total Sold: 437
    • The Last 5 Year average price is £188,764 with Total Sold: 85
    • The most recent sale happened at this postcode is , 25 HOWARD DRIVE: £256,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 20 GRIMSEY ROAD: £30,500 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £141,513 median price is £138,000 Standard Deviation is £76,964 with Total Sold: 454
    • The Last 5 Year average price is £220,151 with Total Sold: 103
    • The most recent sale happened at this postcode is 3, SMYTH COURT HIGH STREET: £135,000 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is , 2 UPTON PLACE: £32,500 (Sold on 11 Jan 1995)
  • Other
    • The average price is around £250,872 median price is £188,750 Standard Deviation is £243,533 with Total Sold: 20
    • The Last 5 Year average price is £201,570 with Total Sold: 13
    • The most recent sale happened at this postcode is , LEISTON WOMEN'S INSTITUTE HALL JOHN STREET: £130,000 (Sold on 12 Jun 2024)
    • The first recorded sale happened at this postcode is , 1 DAISY DRIVE: £820,000 (Sold on 13 Jan 2017)
  • Detached
    • The average price is around £255,137 median price is £270,000 Standard Deviation is £127,182 with Total Sold: 332
    • The Last 5 Year average price is £347,018 with Total Sold: 99
    • The most recent sale happened at this postcode is , 34 SOUTHFIELD DRIVE: £445,000 (Sold on 23 Feb 2024)
    • The first recorded sale happened at this postcode is , 40 GRIMSEY ROAD: £33,500 (Sold on 16 Feb 1995)
  • Flat
    • The average price is around £81,719 median price is £82,750 Standard Deviation is £29,159 with Total Sold: 66
    • The Last 5 Year average price is £109,659 with Total Sold: 11
    • The most recent sale happened at this postcode is 1, LEISTON COURT HIGH STREET: £103,500 (Sold on 26 Jul 2023)
    • The first recorded sale happened at this postcode is , 28 QUAKERS WAY: £19,500 (Sold on 30 Jul 1998)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£235,0003
2023£185,000 £2,475 10
2022£195,591 £2,509 11
2021£198,759 £2,390 28
2020£178,420 £2,335 19
2019£170,231 £2,095 14
2018£168,999 £2,018 15
2017£148,800 £2,021 14
2016£134,968 £1,992 21
2015£138,183 £1,953 19
2014£128,124 £1,610 8
2013£114,075 £1,457 10
2012£118,423 £1,477 13
2011£110,964 £1,463 7
2010£122,369 £1,541 16
2009£111,909 £1,357 11
2008£120,375 £1,503 8
2007£129,069 £1,707 13
2006£108,676 £1,465 25
2005£109,273 £1,262 13
2004£97,306 £1,315 8
2003£84,758 £1,072 20
2002£69,910 £795 20
2001£52,037 £708 19
2000£42,763 £512 19
1999£40,885 £529 17
1998£35,128 £443 12
1997£28,328 £374 19
1996£31,725 £388 16
1995£27,333 £376 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£231,214 £3,243 7
2023£233,692 £2,995 13
2022£235,756 £2,865 18
2021£215,669 £2,512 29
2020£229,450 £2,415 16
2019£192,492 £2,363 20
2018£204,538 £2,485 13
2017£218,717 £2,463 23
2016£190,617 £2,143 25
2015£180,284 £2,086 21
2014£139,562 £1,846 12
2013£118,111 £1,513 9
2012£147,000 £1,854 13
2011£157,068 £1,818 11
2010£162,389 £1,687 9
2009£123,983 £1,557 6
2008£130,625 £1,415 4
2007£131,717 £1,896 15
2006£142,347 £1,811 18
2005£128,494 £1,442 9
2004£131,853 £1,406 14
2003£97,553 £1,135 17
2002£83,103 £995 17
2001£74,231 £813 19
2000£52,650 £622 19
1999£50,240 £597 21
1998£43,958 £474 19
1997£42,400 £493 11
1996£30,179 £403 14
1995£35,371 £421 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£130,0001
2023£123,5002
2022£343,3333
2021£105,888 £52 2
2020£239,0003
2019£142,318 £1,764 2
2018£169,256 £2,161 4
2017£573,333 £14,643 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£472,500 £3,472 2
2023£451,478 £3,634 6
2022£359,194 £3,181 27
2021£349,600 £3,157 25
2020£333,052 £2,829 19
2019£296,735 £2,766 20
2018£311,698 £2,795 10
2017£306,569 £2,792 21
2016£311,169 £2,652 26
2015£260,419 £2,424 19
2014£268,200 £2,177 10
2013£272,687 £1,866 8
2012£305,106 £2,130 9
2011£222,318 £2,074 11
2010£238,833 £1,731 9
2009£165,722 £1,601 9
2008£335,0001
2007£244,417 £2,120 3
2006£206,636 £2,013 7
2005£224,923 £1,373 13
2004£288,357 £3,880 7
2003£162,200 £1,554 5
2002£176,588 £1,086 6
2001£118,383 £1,151 9
2000£80,431 £587 8
1999£69,917 £534 12
1998£75,383 £476 9
1997£84,867 £804 9
1996£60,000 £466 6
1995£63,917 £399 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£103,500 £1,593 1
2022£126,125 £2,668 4
2021£98,333 £1,672 3
2019£101,083 £1,649 3
2018£111,000 £2,677 1
2017£100,000 £2,337 5
2016£90,625 £1,974 4
2015£87,500 £1,413 1
2014£102,500 £1,825 5
2013£76,750 £2,414 2
2012£79,750 £2,685 2
2011£79,500 £1,861 4
2010£85,000 £1,373 1
2009£83,450 £2,139 2
2008£94,000 £1,898 2
2007£70,000 £1,177 1
2006£82,250 £1,727 2
2005£73,179 £1,899 14
2004£58,111 £1,674 3
2002£22,000 £361 1
2001£16,000 £269 1
2000£17,333 £309 3
1998£19,500 £327 1

House Type in IP16 4LA area

The most common house types in the IP16 4LA postcode area are Semi-detached (110), Detached (24), and Flat (20).

Total174
Semi-detached110
Detached24
Flat20
Terraced19
converted building1
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (86), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright86
Owned: Owns with a mortgage or loan39
Social rented: Other social rented29
Private rented: Private landlord or letting agency11
Social rented: Rents from council or Local Authority6
Shared ownership: Shared ownership5
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the IP16 4LA have 2 people in household (73), and 1 person in household (60).

2 people in household73
1 person in household60
3 people in household24
4 people in household14
5 people in household1
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0