Housing Market Analysis for GROMFORD LANE, IP17 1RE

Are you looking to understand IP17 1RE 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 IP17 1RE area, explore the IP17 1RE Area information page.
For comprehensive crime statistics in the IP17 1RE area, explore the IP17 1RE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP17 1RE postcode area, The average prices are as follows,

  • Detached
    • The average price is around £176,100 median price is £120,000 Standard Deviation is £105,895 with Total Sold: 5
    • The most recent sale happened at this postcode is SHIPPE COTTAGE GROMFORD LANE: £370,000 (Sold on 23 Mar 2007)
    • The first recorded sale happened at this postcode is 1, SQUIRRELL COTTAGES GROMFORD LANE: £95,000 (Sold on 02 Sep 1997)
  • Terraced
    • The average price is around £114,483 median price is £118,500 Standard Deviation is £42,980 with Total Sold: 3
    • The most recent sale happened at this postcode is 4, SQUIRRELL COTTAGES GROMFORD LANE: £165,000 (Sold on 20 Oct 2005)
    • The first recorded sale happened at this postcode is 4, SQUIRRELL COTTAGES GROMFORD LANE: £59,950 (Sold on 10 Nov 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average IP17 1RE 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
2007£370,0001
2003£207,5001
2000£88,000 £880 1
1998£120,000 £723 1
1997£95,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£165,0001
2003£118,5001
1999£59,9501

All the Sales in the GROMFORD LANE, IP17 1RE

See the table below for more details on the sold house prices in the IP17 1RE, East Suffolk postcode.

AddressSold DatePrice% Change
SHIPPE COTTAGE GROMFORD LANEDetached, Freehold23 Mar 2007£370,000First Sale
4, SQUIRRELL COTTAGES GROMFORD LANETerraced, Freehold20 Oct 2005£165,000175.23%
10 Nov 1999£59,950First Sale
3, SQUIRRELL COTTAGES GROMFORD LANETerraced, Freehold08 Aug 2003£118,500First Sale
1, SQUIRRELL COTTAGES GROMFORD LANEDetached, Freehold10 Jun 2003£207,500118.42%
02 Sep 1997£95,000First Sale
WILLOW TREE FARM COTTAGE CUNDLE GREEN LANEDetached, FreeholdArea: 100 Sq.mtrAge: before 190012 May 2000£88,000First Sale
MARSHFIELD GROMFORD LANEDetached, FreeholdArea: 166 Sq.mtrAge: 1996-200227 Aug 1998£120,000First Sale

Check out the sold house prices near the IP17 1RE postcode. Properties currently for saleProperties currently for rent

GROMFORD LANE, IP17 1RE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP17 1RE 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 IP17 1RE postcode.

  • Detached
    • The average price is around £372,261 median price is £330,000 Standard Deviation is £265,928 with Total Sold: 46
    • The Last 5 Year average price is £637,665 with Total Sold: 4
    • The most recent sale happened at this postcode is , LUCAYA GROMFORD LANE: £800,000 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is , WIXES WADD LANE: £32,500 (Sold on 03 Aug 1995)
  • Other
    • The average price is around £565,750 median price is £550,000 Standard Deviation is £453,322 with Total Sold: 4
    • The Last 5 Year average price is £1,013,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , THE WADD GROMFORD LANE: £925,000 (Sold on 08 Nov 2021)
    • The first recorded sale happened at this postcode is , LADYBIRD NURSERIES GROMFORD LANE: £175,000 (Sold on 31 Jan 2017)
  • Semi-Detached
    • The average price is around £403,750 median price is £403,750 Standard Deviation is £6,250 with Total Sold: 2
    • The Last 5 Year average price is £410,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1, WADD COTTAGES WADD LANE: £410,000 (Sold on 02 Dec 2019)
    • The first recorded sale happened at this postcode is 2, WADD COTTAGES WADD LANE: £397,500 (Sold on 28 Sep 2018)
  • Terraced
    • The average price is around £114,483 median price is £118,500 Standard Deviation is £42,980 with Total Sold: 3
    • The most recent sale happened at this postcode is 4, SQUIRRELL COTTAGES GROMFORD LANE: £165,000 (Sold on 20 Oct 2005)
    • The first recorded sale happened at this postcode is 4, SQUIRRELL COTTAGES GROMFORD LANE: £59,950 (Sold on 10 Nov 1999)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£800,330 £4,600 2
2022£575,000 £3,230 1
2019£375,000 £2,107 1
2018£946,125 £4,490 2
2017£455,000 £3,346 2
2016£431,667 £3,256 3
2015£352,500 £1,757 2
2014£340,0001
2013£514,333 £3,199 3
2011£437,500 £2,758 2
2009£172,000 £2,658 2
2008£850,0001
2007£367,500 £1,267 4
2006£351,700 £1,733 3
2005£280,0001
2004£460,0002
2003£207,5001
2002£243,5002
2001£157,5001
2000£88,000 £880 1
1999£186,665 £969 3
1998£120,000 £723 1
1997£138,7502
1996£82,0002
1995£32,500 £499 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£1,013,000 £3,791 2
2017£118,5002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£410,000 £2,971 1
2018£397,500 £7,950 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£165,0001
2003£118,5001
1999£59,9501

House Type in IP17 1RE area

The most common house types in the IP17 1RE postcode area are Detached (139), Semi-detached (19), and Terraced (3).

Total164
Detached139
Semi-detached19
Terraced3
Shared house2
commercial building1
Flat0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (114), and Owned: Owns with a mortgage or loan (27).

Owned: Owns outright114
Owned: Owns with a mortgage or loan27
Private rented: Private landlord or letting agency17
Private rented: Other private rented6
Social rented: Rents from council or Local Authority2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IP17 1RE have 2 people in household (92), and 1 person in household (46).

2 people in household92
1 person in household46
3 people in household12
4 people in household7
5 people in household5
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0