Housing Market Analysis for PALMERS LANE, IP18 6TQ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £620,050 median price is £495,000 Standard Deviation is £457,016 with Total Sold: 10
    • The Last 5 Year average price is £1,300,000 with Total Sold: 2
    • The most recent sale happened at this postcode is SHORTLANDS PALMERS LANE: £1,800,000 (Sold on 17 Jun 2021)
    • The first recorded sale happened at this postcode is LANE CORNER PALMERS LANE: £250,000 (Sold on 20 Apr 1999)
  • Semi-Detached
    • The average price is around £1,145,000 median price is £1,145,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is HEATHWOLD PALMERS LANE: £1,145,000 (Sold on 10 Dec 2013)
    • The first recorded sale happened at this postcode is HEATHWOLD PALMERS LANE: £1,145,000 (Sold on 10 Dec 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average IP18 6TQ 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
2021£1,800,0001
2020£800,000 £10,194 1
2012£958,500 £3,743 1
2008£600,000 £2,343 1
2005£275,0001
2004£450,000 £5,734 1
2003£540,000 £1,721 1
2000£263,500 £1,900 2
1999£250,000 £976 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£1,145,000 £3,649 1

All the Sales in the PALMERS LANE, IP18 6TQ

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

AddressSold DatePrice% Change
SHORTLANDS PALMERS LANEDetached, FreeholdArea: 0 Sq.mtr17 Jun 2021£1,800,000554.55%
30 Sep 2005£275,000First Sale
TOWER COTTAGE PALMERS LANEDetached, FreeholdArea: 78.48 Sq.mtrAge: 1900-192905 Oct 2020£800,00077.78%
11 May 2004£450,000102.70%
01 Sep 2000£222,000First Sale
HEATHWOLD PALMERS LANESemi-Detached, FreeholdArea: 313.8 Sq.mtrAge: before 190010 Dec 2013£1,145,000112.04%
31 Jul 2003£540,00077.05%
28 Apr 2000£305,000First Sale
LANE CORNER PALMERS LANEDetached, FreeholdArea: 256.09 Sq.mtrAge: 1930-194909 Feb 2012£958,50059.75%
11 Jan 2008£600,000140.00%
20 Apr 1999£250,000First Sale

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

PALMERS LANE, IP18 6TQ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £622,092 median price is £508,000 Standard Deviation is £455,252 with Total Sold: 231
    • The Last 5 Year average price is £1,240,575 with Total Sold: 44
    • The most recent sale happened at this postcode is , ORCHARD PIECE LODGE ROAD: £1,200,000 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is , TROY CHURCH FIELD: £115,000 (Sold on 10 Feb 1995)
  • Semi-Detached
    • The average price is around £451,809 median price is £390,000 Standard Deviation is £295,188 with Total Sold: 47
    • The Last 5 Year average price is £845,556 with Total Sold: 9
    • The most recent sale happened at this postcode is , MILLSIDE THE STREET: £830,000 (Sold on 30 Nov 2023)
    • The first recorded sale happened at this postcode is , FERN COTTAGE THE STREET: £85,000 (Sold on 02 May 1996)
  • Other
    • The average price is around £1,530,000 median price is £1,600,000 Standard Deviation is £128,323 with Total Sold: 3
    • The Last 5 Year average price is £1,475,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , COPPER BEECH HOUSE THE STREET: £1,350,000 (Sold on 07 Sep 2023)
    • The first recorded sale happened at this postcode is , WHIMBRELS MANOR CLOSE: £1,640,000 (Sold on 19 Oct 2018)
  • Terraced
    • The average price is around £376,770 median price is £325,000 Standard Deviation is £235,251 with Total Sold: 23
    • The Last 5 Year average price is £616,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 2 ADAMS LANE: £420,000 (Sold on 14 Sep 2022)
    • The first recorded sale happened at this postcode is , 13 ADAMS LANE: £22,200 (Sold on 22 Sep 1995)
  • Flat
    • The average price is around £161,888 median price is £82,000 Standard Deviation is £161,052 with Total Sold: 9
    • The Last 5 Year average price is £360,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 5, MARTINS THE STREET: £360,000 (Sold on 17 Feb 2021)
    • The first recorded sale happened at this postcode is 1, MILLSTONES MILLFIELD ROAD: £82,000 (Sold on 07 Dec 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£861,7143
2023£2,019,089 £9,391 4
2022£1,531,571 £8,118 7
2021£1,226,045 £7,594 14
2020£1,121,500 £7,196 10
2019£803,860 £4,719 6
2018£705,714 £5,768 7
2017£776,167 £4,237 6
2016£765,356 £4,020 7
2015£536,833 £3,503 9
2014£701,428 £3,639 7
2013£909,375 £4,926 4
2012£610,738 £3,968 8
2011£745,714 £4,953 7
2010£565,000 £4,639 4
2009£548,575 £2,989 8
2008£625,350 £4,031 10
2007£883,600 £2,111 5
2006£516,000 £2,823 11
2005£374,600 £3,019 5
2004£430,818 £3,102 11
2003£393,667 £2,013 12
2002£353,545 £2,111 11
2001£342,143 £2,167 7
2000£306,229 £1,662 12
1999£216,667 £1,216 6
1998£190,656 £959 10
1997£151,056 £961 9
1996£177,767 £767 6
1995£151,000 £546 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,126,667 £5,719 3
2021£683,333 £8,445 3
2020£742,500 £4,539 2
2019£695,000 £5,444 1
2017£310,000 £3,163 1
2016£315,000 £4,632 1
2015£595,000 £4,037 1
2014£495,375 £3,385 4
2013£767,500 £3,664 2
2012£385,000 £3,896 1
2011£453,333 £4,284 3
2010£350,000 £5,530 1
2009£230,000 £1,597 3
2008£530,000 £4,633 5
2007£240,0001
2006£425,000 £3,151 3
2005£315,0001
2004£290,0001
2003£267,500 £2,550 2
2001£107,000 £1,786 2
1999£117,500 £1,199 1
1998£80,667 £779 3
1997£140,000 £615 1
1996£85,000 £739 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,350,000 £10,547 1
2021£1,600,000 £6,127 1
2018£1,640,000 £6,142 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£585,000 £8,378 2
2021£680,000 £9,422 1
2018£490,000 £4,272 2
2016£301,000 £4,640 2
2015£572,500 £7,949 2
2014£227,000 £3,439 1
2013£621,667 £4,673 3
2012£385,000 £5,746 1
2011£191,250 £2,612 2
2009£285,000 £4,478 1
2004£241,667 £2,791 3
1998£98,500 £1,179 2
1995£22,200 £236 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£360,000 £5,538 1
2015£540,000 £2,673 1
1999£132,500 £656 1
1996£68,499 £658 5
1995£82,000 £460 1

House Type in IP18 6TQ area

The most common house types in the IP18 6TQ postcode area are Detached (65), Semi-detached (40), and Terraced (5).

Total110
Detached65
Semi-detached40
Terraced5
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

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 (19).

Owned: Owns outright60
Social rented: Other social rented19
Owned: Owns with a mortgage or loan15
Private rented: Private landlord or letting agency12
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the IP18 6TQ have 2 people in household (56), and 1 person in household (35).

2 people in household56
1 person in household35
3 people in household7
4 people in household6
5 people in household4
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0