Housing Market Analysis for GROMFORD LANE, IP17 1RF

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £567,500 median price is £567,500 Standard Deviation is £32,500 with Total Sold: 2
    • The most recent sale happened at this postcode is HILLCREST GROMFORD LANE: £600,000 (Sold on 08 Jun 2017)
    • The first recorded sale happened at this postcode is BENTS GROMFORD LANE: £535,000 (Sold on 30 Jun 2011)

Sold Price Trend Over the Years:

Below table and chart gives the average IP17 1RF 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
2017£600,000 £3,593 1
2011£535,000 £3,250 1

All the Sales in the GROMFORD LANE, IP17 1RF

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

AddressSold DatePrice% Change
HILLCREST GROMFORD LANEDetached, FreeholdArea: 167 Sq.mtrAge: 1930-194908 Jun 2017£600,000First Sale
BENTS GROMFORD LANEDetached, FreeholdArea: 164.6 Sq.mtrAge: 1950-196630 Jun 2011£535,000First Sale

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

GROMFORD LANE, IP17 1RF Near By properties

Interactive Map

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

  • Detached
    • The average price is around £297,381 median price is £282,500 Standard Deviation is £175,458 with Total Sold: 186
    • The Last 5 Year average price is £517,505 with Total Sold: 25
    • The most recent sale happened at this postcode is , 6 SAXONFIELDS: £295,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 16 SAXONFIELDS: £62,950 (Sold on 20 Jul 1995)
  • Semi-Detached
    • The average price is around £209,268 median price is £184,500 Standard Deviation is £121,696 with Total Sold: 44
    • The Last 5 Year average price is £339,125 with Total Sold: 8
    • The most recent sale happened at this postcode is , ALDE END COTTAGE THE STREET: £240,000 (Sold on 20 Feb 2024)
    • The first recorded sale happened at this postcode is , 2 SAXONFIELDS: £52,500 (Sold on 13 Jun 1995)
  • Terraced
    • The average price is around £234,228 median price is £245,000 Standard Deviation is £107,641 with Total Sold: 50
    • The Last 5 Year average price is £346,188 with Total Sold: 8
    • The most recent sale happened at this postcode is 3, ROSE TREE COTTAGES THE STREET: £260,000 (Sold on 17 Nov 2023)
    • The first recorded sale happened at this postcode is , 4 THE TERRACE: £50,500 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £550,500 median price is £550,000 Standard Deviation is £470,120 with Total Sold: 4
    • The Last 5 Year average price is £1,012,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , CHAGFORD CHURCH ROAD: £1,100,000 (Sold on 13 Apr 2022)
    • The first recorded sale happened at this postcode is , LADYBIRD NURSERIES GROMFORD LANE: £175,000 (Sold on 31 Jan 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£295,0001
2023£634,277 £4,256 6
2022£597,857 £4,697 7
2021£463,992 £4,292 6
2020£435,000 £3,385 2
2019£332,667 £3,506 3
2018£553,333 £3,343 3
2017£480,667 £3,074 6
2016£425,749 £3,086 10
2015£411,318 £3,017 14
2014£368,785 £2,826 12
2013£333,643 £3,130 7
2012£257,000 £2,054 5
2011£350,000 £3,519 4
2010£298,333 £1,910 3
2009£268,750 £2,534 5
2008£292,333 £2,763 3
2007£370,900 £1,267 5
2006£272,658 £2,645 6
2005£235,750 £2,750 4
2004£282,750 £2,141 6
2003£220,217 £1,853 9
2002£217,190 £2,656 5
2001£176,214 £1,838 7
2000£150,799 £1,178 5
1999£134,462 £1,067 8
1998£96,340 £924 5
1997£94,369 £914 8
1996£89,567 £803 12
1995£75,678 £777 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£240,000 £5,217 1
2023£400,000 £2,740 1
2022£412,000 £4,247 1
2021£335,000 £2,839 1
2020£370,500 £3,218 2
2019£292,500 £3,443 2
2018£300,000 £2,458 2
2017£301,667 £3,192 3
2015£307,498 £2,674 2
2014£299,997 £2,812 3
2010£184,500 £2,620 2
2007£295,000 £2,459 3
2005£143,500 £2,050 1
2004£158,475 £2,180 2
2003£166,875 £1,935 4
2002£134,333 £1,965 3
2000£87,500 £1,262 1
1999£75,0001
1998£63,462 £857 4
1996£42,250 £510 2
1995£63,000 £734 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£335,000 £4,740 2
2021£369,000 £3,421 3
2019£330,833 £3,088 3
2018£339,167 £3,058 3
2017£306,357 £3,066 7
2016£332,083 £2,430 6
2014£245,000 £3,311 1
2013£172,500 £3,026 1
2012£174,950 £3,564 1
2010£205,333 £2,371 3
2008£160,625 £2,747 4
2007£203,250 £2,074 1
2006£175,000 £2,536 1
2005£165,0001
2004£184,500 £3,025 1
2003£142,332 £2,152 3
2002£125,000 £2,049 1
2001£125,0003
1999£58,750 £1,044 3
1997£54,950 £901 1
1995£50,500 £720 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,100,000 £5,946 1
2021£925,000 £3,791 1
2017£88,500 £17 2

House Type in IP17 1RF area

The most common house types in the IP17 1RF 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 1RF 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