Housing Market Analysis for GROMFORD LANE, IP17 1RG

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £445,094 median price is £340,000 Standard Deviation is £231,461 with Total Sold: 7
    • The Last 5 Year average price is £800,330 with Total Sold: 2
    • The most recent sale happened at this postcode is LUCAYA GROMFORD LANE: £800,660 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is LUCAYA GROMFORD LANE: £800,000 (Sold on 15 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average IP17 1RG 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
2023£800,330 £4,600 2
2015£352,500 £1,757 2
2011£340,000 £2,267 1
2007£190,000 £1,267 1
2005£280,0001

All the Sales in the GROMFORD LANE, IP17 1RG

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

AddressSold DatePrice% Change
LUCAYA GROMFORD LANEDetached, FreeholdArea: 174 Sq.mtrAge: 1983-199015 Dec 2023£800,660107.96%
15 Jan 2015£385,000-51.88%
15 Dec 2023£800,000First Sale
RISEHOLME GROMFORD LANEDetached, FreeholdArea: 246 Sq.mtr12 Nov 2015£320,000First Sale
PETERSFIELD GROMFORD LANEDetached, FreeholdArea: 150 Sq.mtr08 Apr 2011£340,00078.95%
17 May 2007£190,000First Sale
BANKSIDE GROMFORD LANEDetached, Freehold10 Jun 2005£280,000First Sale

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

GROMFORD LANE, IP17 1RG Near By properties

Interactive Map

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

  • Detached
    • The average price is around £299,143 median price is £285,000 Standard Deviation is £178,617 with Total Sold: 190
    • The Last 5 Year average price is £504,022 with Total Sold: 28
    • 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 £180,235 median price is £169,725 Standard Deviation is £111,302 with Total Sold: 86
    • The Last 5 Year average price is £305,906 with Total Sold: 16
    • 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, THE SANDS SANDY LANE: £37,500 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £215,853 median price is £188,000 Standard Deviation is £111,622 with Total Sold: 59
    • The Last 5 Year average price is £334,944 with Total Sold: 9
    • 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 £551,000 median price is £551,000 Standard Deviation is £549,000 with Total Sold: 2
    • The Last 5 Year average price is £1,100,000 with Total Sold: 1
    • 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 , CROWN VIEW COTTAGE GROMFORD LANE: £2,000 (Sold on 23 Jun 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£295,0001
2023£575,094 £4,036 7
2022£595,625 £4,714 8
2021£463,992 £4,292 6
2020£435,000 £3,385 2
2019£343,250 £3,411 4
2018£536,042 £3,586 6
2017£480,667 £3,074 6
2016£421,943 £3,116 9
2015£409,897 £3,040 15
2014£368,785 £2,826 12
2013£348,500 £3,176 5
2012£257,000 £2,054 5
2011£350,000 £3,519 4
2010£298,333 £1,910 3
2009£289,188 £2,410 4
2008£292,333 £2,763 3
2007£271,167 £2,516 6
2006£257,306 £2,666 8
2005£235,750 £2,750 4
2004£237,500 £2,149 7
2003£220,217 £1,853 9
2002£241,488 £2,656 4
2001£176,214 £1,838 7
2000£150,799 £1,178 5
1999£120,950 £1,043 6
1998£96,340 £924 5
1997£94,369 £914 8
1996£85,567 £764 12
1995£75,678 £777 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£240,000 £5,217 1
2023£297,875 £2,929 4
2022£317,333 £3,774 3
2021£303,333 £3,224 3
2020£338,667 £3,218 3
2019£292,500 £3,443 2
2018£278,000 £2,730 4
2017£259,625 £3,293 6
2015£266,665 £2,717 3
2014£259,998 £2,692 4
2013£116,667 £2,561 3
2012£151,000 £1,910 2
2010£168,100 £2,419 5
2007£295,000 £2,459 3
2006£153,750 £1,263 2
2005£164,250 £2,050 2
2004£158,983 £1,854 3
2003£166,500 £1,816 5
2002£114,750 £1,965 4
2000£53,750 £1,262 2
1999£67,500 £1,077 5
1998£58,142 £863 6
1997£40,310 £791 4
1996£42,250 £510 2
1995£54,890 £726 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£335,000 £4,740 2
2021£338,000 £3,586 4
2019£330,833 £3,088 3
2018£339,167 £3,058 3
2017£290,562 £3,058 8
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£190,875 £2,524 2
2006£175,000 £2,536 1
2005£151,500 £2,300 2
2004£184,500 £3,025 1
2003£142,332 £2,152 3
2002£105,250 £1,737 2
2001£101,200 £1,183 5
2000£24,4401
1999£58,750 £1,044 3
1998£41,5001
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
2017£2,000 £17 1

House Type in IP17 1RG area

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