Housing Market Analysis for NICHOLAS DRIVE, IP18 6RE

Are you looking to understand IP18 6RE 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 IP18 6RE area, explore the IP18 6RE Area information page.
For comprehensive crime statistics in the IP18 6RE area, explore the IP18 6RE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP18 6RE postcode area, The average prices are as follows,

Detached
- The average price is around £244,686 median price is £210,750 Standard Deviation is £136,528 with Total Sold: 32
- The Last 5 Year average price is £427,875 with Total Sold: 8
- The most recent sale happened at this postcode is 8 NICHOLAS DRIVE: £397,500 (Sold on 10 Mar 2023)
- The first recorded sale happened at this postcode is 10 NICHOLAS DRIVE: £565,000 (Sold on 15 Nov 2023)
Semi-Detached
- The average price is around £142,300 median price is £102,700 Standard Deviation is £80,463 with Total Sold: 8
- The most recent sale happened at this postcode is 29 NICHOLAS DRIVE: £285,000 (Sold on 30 Jun 2014)
- The first recorded sale happened at this postcode is 9 NICHOLAS DRIVE: £67,500 (Sold on 12 Oct 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IP18 6RE 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£481,250	£3,810	2
2022	£500,000	£5,435	1
2021	£407,667	£4,694	3
2020	£368,750	£4,391	2
2018	£380,000	£3,725	1
2017	£350,000	£4,118	1
2013	£245,000		1
2011	£209,000	£2,686	1
2010	£316,500	£2,259	1
2009	£267,500	£2,768	1
2007	£282,500	£2,407	2
2006	£199,950		1
2005	£185,000	£1,135	1
2003	£212,500	£2,415	1
2002	£172,500	£1,601	2
2001	£124,333	£1,488	3
2000	£120,000		2
1999	£110,000	£1,294	1
1998	£85,000	£924	1
1997	£80,750		2
1996	£92,000		1
1995	£70,000	£824	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£285,000		1
2013	£191,500	£2,424	1
2009	£242,500		1
2005	£118,400		1
1999	£87,000		1
1998	£83,500		1
1996	£63,000	£1,145	1
1995	£67,500		1

All the Sales in the NICHOLAS DRIVE, IP18 6RE

See the table below for more details on the sold house prices in the IP18 6RE, East Suffolk postcode.

Address	Sold Date	Price	% Change
8 NICHOLAS DRIVEDetached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	10 Mar 2023	£397,500	261.36%
	24 Sep 1999	£110,000	57.14%
	26 May 1995	£70,000	First Sale
25 NICHOLAS DRIVEDetached, FreeholdArea: 92 Sq.mtrAge: 1976-1982	19 May 2022	£500,000	488.24%
	21 Jul 1998	£85,000	First Sale
20 NICHOLAS DRIVEDetached, FreeholdArea: 93 Sq.mtrAge: 1967-1975	24 Jun 2021	£456,000	First Sale
4 NICHOLAS DRIVEDetached, FreeholdArea: 71 Sq.mtrAge: 1950-1966	04 Jun 2021	£332,000	First Sale
2 NICHOLAS DRIVEDetached, FreeholdArea: 96.63 Sq.mtrAge: 1967-1975	10 May 2021	£435,000	62.62%
	16 Dec 2009	£267,500	10.08%
	07 Sep 2007	£243,000	First Sale
5 NICHOLAS DRIVEDetached, FreeholdArea: 85 Sq.mtrAge: 1967-1975	21 Aug 2020	£362,500	First Sale
22 NICHOLAS DRIVEDetached, FreeholdArea: 83 Sq.mtrAge: 1967-1975	04 Mar 2020	£375,000	First Sale
26 NICHOLAS DRIVEDetached, FreeholdArea: 102 Sq.mtrAge: 1950-1966	19 Feb 2018	£380,000	First Sale
14 NICHOLAS DRIVEDetached, FreeholdArea: 85 Sq.mtrAge: 1976-1982	06 Sep 2017	£350,000	142.21%
	27 Jun 2001	£144,500	33.18%
	02 Feb 2001	£108,500	First Sale
29 NICHOLAS DRIVESemi-Detached, Freehold	30 Jun 2014	£285,000	First Sale
12 NICHOLAS DRIVEDetached, Freehold	28 Jun 2013	£245,000	166.30%
12 NICHOLAS DRIVEDetached, Freehold	30 Apr 1996	£92,000	First Sale
30 NICHOLAS DRIVESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1967-1975	08 Apr 2013	£191,500	First Sale
19 NICHOLAS DRIVEDetached, FreeholdArea: 77.81 Sq.mtrAge: 1967-1975	13 May 2011	£209,000	First Sale
24 NICHOLAS DRIVEDetached, FreeholdArea: 140.1 Sq.mtrAge: 1950-1966	17 Nov 2010	£316,500	-1.71%
	26 Sep 2007	£322,000	89.41%
	28 Jun 2002	£170,000	First Sale
RYEFIELD, 29 NICHOLAS DRIVESemi-Detached, Freehold	03 Apr 2009	£242,500	104.81%
RYEFIELD, 29 NICHOLAS DRIVESemi-Detached, Freehold	01 Feb 2005	£118,400	First Sale
18 NICHOLAS DRIVEDetached, Freehold	09 Feb 2006	£199,950	First Sale
27 NICHOLAS DRIVEDetached, FreeholdArea: 163 Sq.mtrAge: 1967-1975	10 Jun 2005	£185,000	First Sale
7 NICHOLAS DRIVEDetached, FreeholdArea: 88 Sq.mtrAge: 1967-1975	28 Nov 2003	£212,500	21.43%
	29 Jul 2002	£175,000	First Sale
17 NICHOLAS DRIVEDetached, Freehold	11 Jul 2001	£120,000	First Sale
15 NICHOLAS DRIVEDetached, Freehold	03 Aug 2000	£124,000	39.33%
15 NICHOLAS DRIVEDetached, Freehold	14 Nov 1997	£89,000	First Sale
23 NICHOLAS DRIVEDetached, Freehold	16 May 2000	£116,000	60.00%
23 NICHOLAS DRIVEDetached, Freehold	24 Apr 1997	£72,500	First Sale
11 NICHOLAS DRIVESemi-Detached, Freehold	01 Mar 1999	£87,000	First Sale
9 NICHOLAS DRIVESemi-Detached, Freehold	30 Sep 1998	£83,500	23.70%
9 NICHOLAS DRIVESemi-Detached, Freehold	12 Oct 1995	£67,500	First Sale
16 NICHOLAS DRIVESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1967-1975	29 Mar 1996	£63,000	First Sale
10 NICHOLAS DRIVEDetached, FreeholdArea: 192 Sq.mtrAge: 1950-1966	15 Nov 2023	£565,000	First Sale

Check out the sold house prices near the IP18 6RE postcode. Properties currently for saleProperties currently for rent

NICHOLAS DRIVE, IP18 6RE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP18 6RE 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 IP18 6RE postcode.

Detached
- The average price is around £256,754 median price is £240,000 Standard Deviation is £152,381 with Total Sold: 740
- The Last 5 Year average price is £429,065 with Total Sold: 133
- The most recent sale happened at this postcode is , 51 THE DRIVE: £325,000 (Sold on 03 Sep 2024)
- The first recorded sale happened at this postcode is , 20 HILL ROAD: £68,000 (Sold on 03 Jan 1995)
Semi-Detached
- The average price is around £176,348 median price is £159,000 Standard Deviation is £113,367 with Total Sold: 255
- The Last 5 Year average price is £331,807 with Total Sold: 34
- The most recent sale happened at this postcode is , 22 HILLFIELD COURT: £465,000 (Sold on 30 Jul 2024)
- The first recorded sale happened at this postcode is , 56 WINDSOR ROAD: £36,500 (Sold on 31 Mar 1995)
Terraced
- The average price is around £171,696 median price is £160,000 Standard Deviation is £92,879 with Total Sold: 348
- The Last 5 Year average price is £279,180 with Total Sold: 54
- The most recent sale happened at this postcode is , 41 WINDSOR ROAD: £220,000 (Sold on 30 Jul 2024)
- The first recorded sale happened at this postcode is , 3 BRIDGE ROAD: £36,500 (Sold on 09 Jan 1995)
Flat
- The average price is around £119,190 median price is £108,000 Standard Deviation is £77,773 with Total Sold: 31
- The Last 5 Year average price is £267,833 with Total Sold: 3
- The most recent sale happened at this postcode is , 42B LOWESTOFT ROAD: £320,000 (Sold on 18 Feb 2022)
- The first recorded sale happened at this postcode is , 7 OAKLANDS: £76,500 (Sold on 10 Feb 1995)
Other
- The average price is around £379,167 median price is £375,000 Standard Deviation is £185,234 with Total Sold: 6
- The Last 5 Year average price is £453,333 with Total Sold: 3
- The most recent sale happened at this postcode is , ROBINS WAY FAIRFIELD ROAD: £450,000 (Sold on 26 Mar 2021)
- The first recorded sale happened at this postcode is , BARBROOK STORES LOWESTOFT ROAD: £105,000 (Sold on 16 Sep 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£559,571	£4,175	7
2023	£469,591	£5,214	22
2022	£507,522	£4,501	23
2021	£414,075	£4,434	20
2020	£375,652	£4,058	37
2019	£373,500	£3,979	24
2018	£389,869	£3,874	31
2017	£320,352	£3,635	24
2016	£295,565	£3,142	26
2015	£320,705	£3,089	22
2014	£302,496	£2,687	31
2013	£302,632	£2,824	28
2012	£292,566	£2,648	29
2011	£268,511	£2,743	14
2010	£259,031	£2,648	31
2009	£243,295	£2,049	24
2008	£278,182	£2,486	12
2007	£263,698	£2,728	28
2006	£265,652	£2,302	29
2005	£207,195	£2,340	20
2004	£220,467	£2,328	23
2003	£200,291	£2,066	23
2002	£171,002	£1,721	28
2001	£128,087	£1,353	26
2000	£129,550	£1,321	22
1999	£110,156	£1,028	32
1998	£81,600	£758	20
1997	£73,033	£768	36
1996	£72,729	£835	28
1995	£70,818	£746	20

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£465,000		1
2023	£414,333	£3,121	3
2022	£349,955	£3,955	11
2021	£305,000	£4,021	7
2020	£294,833	£2,719	6
2019	£303,325	£2,639	6
2018	£271,562	£2,941	8
2017	£234,500	£2,406	6
2016	£192,019	£2,134	5
2015	£253,375	£2,324	8
2014	£205,279	£1,959	7
2013	£205,722	£2,390	9
2012	£216,332	£2,772	9
2011	£162,500	£2,484	4
2010	£233,333	£2,318	9
2009	£170,850	£1,958	5
2008	£222,332	£2,664	9
2007	£213,700	£2,346	10
2006	£167,340	£1,863	10
2005	£180,742	£2,133	12
2004	£170,327	£1,887	15
2003	£135,462	£1,552	8
2002	£104,874	£1,181	13
2001	£117,089	£1,122	14
2000	£76,681	£1,187	8
1999	£80,750	£739	11
1998	£56,521	£636	12
1997	£51,950	£588	10
1996	£50,688	£741	8
1995	£50,409	£498	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£337,600	£3,971	5
2023	£303,214	£3,276	7
2022	£261,833	£3,401	12
2021	£271,844	£3,216	18
2020	£247,125	£2,405	4
2019	£280,188	£3,163	8
2018	£243,783	£2,813	12
2017	£205,524	£2,421	12
2016	£211,975	£2,614	14
2015	£212,188	£2,601	12
2014	£143,200	£2,480	10
2013	£167,833	£2,193	9
2012	£184,062	£2,124	11
2011	£196,427	£2,264	11
2010	£161,583	£2,059	6
2009	£178,906	£2,157	17
2008	£209,761	£2,339	20
2007	£201,294	£2,255	26
2006	£151,455	£1,777	22
2005	£145,656	£1,620	8
2004	£139,156	£1,706	15
2003	£137,038	£1,962	13
2002	£75,777	£1,166	12
2001	£94,819	£897	8
2000	£83,544	£1,098	11
1999	£55,949	£727	22
1998	£52,250	£600	6
1997	£44,225	£616	7
1996	£36,930	£740	5
1995	£41,972	£1,215	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£320,000	£3,902	1
2021	£241,750	£3,594	2
2018	£152,000	£2,533	1
2017	£135,000	£2,505	1
2014	£185,000	£2,256	1
2013	£108,000	£2,000	1
2012	£107,500	£1,905	2
2010	£110,000		1
2009	£88,312	£1,100	4
2008	£145,000	£2,691	1
2007	£138,208	£1,662	4
2006	£91,250	£1,288	2
2004	£166,499	£2,030	1
2003	£125,000	£2,231	1
2000	£56,750	£1,140	2
1999	£31,150	£773	2
1998	£50,000	£610	1
1997	£76,500	£1,443	1
1995	£79,500	£1,437	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£375,000	£2,273	2
2020	£610,000	£5,495	1
2017	£405,000	£3,375	2
2016	£105,000		1

House Type in IP18 6RE area

The most common house types in the IP18 6RE postcode area are Detached (104), Semi-detached (7), and Terraced (0).

Total	111
Detached	104
Semi-detached	7
Terraced	0
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (84), and Owned: Owns with a mortgage or loan (19).

Owned: Owns outright	84
Owned: Owns with a mortgage or loan	19
Private rented: Private landlord or letting agency	4
Social rented: Other social rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the IP18 6RE have 2 people in household (49), and 1 person in household (40).

2 people in household	49
1 person in household	40
3 people in household	10
4 people in household	10
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0