Housing Market Analysis for IP16 4LT

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £562,917 median price is £423,250 Standard Deviation is £416,103 with Total Sold: 6
    • The Last 5 Year average price is £1,080,000 with Total Sold: 2
    • The most recent sale happened at this postcode is THE STONE HOUSE: £1,335,000 (Sold on 26 May 2022)
    • The first recorded sale happened at this postcode is THE COACH HOUSE: £126,000 (Sold on 17 Aug 1995)
  • Other
    • The average price is around £530,000 median price is £530,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £530,000 with Total Sold: 1
    • The most recent sale happened at this postcode is MANSARD COTTAGE: £530,000 (Sold on 21 Aug 2020)
    • The first recorded sale happened at this postcode is MANSARD COTTAGE: £530,000 (Sold on 21 Aug 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average IP16 4LT 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£1,080,000 £3,496 2
2004£570,0001
2002£276,5001
1999£245,0001
1995£126,000 £570 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£530,000 £4,380 1

All the Sales in the IP16 4LT

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

AddressSold DatePrice% Change
THE STONE HOUSEDetached, Freehold26 May 2022£1,335,000134.21%
28 Apr 2004£570,000First Sale
STONE HOUSE LODGEDetached, FreeholdArea: 236 Sq.mtrAge: 1900-192911 Feb 2022£825,000First Sale
MANSARD COTTAGEOther, FreeholdArea: 121 Sq.mtrAge: 1900-192921 Aug 2020£530,000First Sale
FLINT COTTAGEDetached, Freehold17 Dec 2002£276,500First Sale
THE ORATORYDetached, Freehold28 Apr 1999£245,000First Sale
THE COACH HOUSEDetached, FreeholdArea: 221 Sq.mtrAge: 1930-194917 Aug 1995£126,000First Sale

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

IP16 4LT Near By properties

Interactive Map

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

  • Detached
    • The average price is around £517,500 median price is £381,250 Standard Deviation is £370,327 with Total Sold: 8
    • The Last 5 Year average price is £1,080,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , THE STONE HOUSE : £1,335,000 (Sold on 26 May 2022)
    • The first recorded sale happened at this postcode is , THE COACH HOUSE : £126,000 (Sold on 17 Aug 1995)
  • Other
    • The average price is around £530,000 median price is £530,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £530,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , MANSARD COTTAGE : £530,000 (Sold on 21 Aug 2020)
    • The first recorded sale happened at this postcode is , MANSARD COTTAGE : £530,000 (Sold on 21 Aug 2020)
  • Semi-Detached
    • The average price is around £108,250 median price is £108,250 Standard Deviation is £31,250 with Total Sold: 2
    • The most recent sale happened at this postcode is , 2 THE FOLLIES: £139,500 (Sold on 12 Aug 2002)
    • The first recorded sale happened at this postcode is , 2 THE FOLLIES: £77,000 (Sold on 13 Mar 2001)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,080,000 £3,496 2
2007£447,5001
2004£442,5002
2002£276,5001
1999£245,0001
1995£126,000 £570 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£530,000 £4,380 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£139,5001
2001£77,0001

House Type in IP16 4LT area

The most common house types in the IP16 4LT postcode area are Detached (57), Terraced (27), and Semi-detached (18).

Total105
Detached57
Terraced27
Semi-detached18
Shared house1
converted building1
temporary structure1
Flat0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (60), and Social rented: Other social rented (18).

Owned: Owns outright60
Social rented: Other social rented18
Private rented: Private landlord or letting agency13
Owned: Owns with a mortgage or loan11
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP16 4LT have 2 people in household (50), and 1 person in household (35).

2 people in household50
1 person in household35
4 people in household8
3 people in household6
5 people in household4
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0