Housing Market Analysis for SPIERS HILL, IP22 1RE

Are you looking to understand IP22 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 Mid Suffolk postcode.

For the location information and nearby amenities in the IP22 1RE area, explore the IP22 1RE Area information page.
For comprehensive crime statistics in the IP22 1RE area, explore the IP22 1RE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP22 1RE postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £145,427 median price is £51,000 Standard Deviation is £144,797 with Total Sold: 3
    • The Last 5 Year average price is £350,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 SPIERS HILL: £350,000 (Sold on 09 Aug 2021)
    • The first recorded sale happened at this postcode is 4 SPIERS HILL: £51,000 (Sold on 14 Aug 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IP22 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£350,000 £2,593 1
2001£35,280 £261 1
1998£51,000 £392 1

All the Sales in the SPIERS HILL, IP22 1RE

See the table below for more details on the sold house prices in the IP22 1RE, Mid Suffolk postcode.

AddressSold DatePrice% Change
2 SPIERS HILLSemi-Detached, FreeholdArea: 135 Sq.mtrAge: 1930-194909 Aug 2021£350,000892.06%
05 Feb 2001£35,280First Sale
4 SPIERS HILLSemi-Detached, FreeholdArea: 130 Sq.mtrAge: 1950-196614 Aug 1998£51,000First Sale

Check out the sold house prices near the IP22 1RE postcode. Properties currently for saleProperties currently for rent

SPIERS HILL, IP22 1RE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP22 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 IP22 1RE postcode.

  • Detached
    • The average price is around £390,033 median price is £362,500 Standard Deviation is £217,449 with Total Sold: 16
    • The Last 5 Year average price is £600,500 with Total Sold: 4
    • The most recent sale happened at this postcode is , WILLOW BARN MAGPIE GREEN: £525,000 (Sold on 22 Mar 2024)
    • The first recorded sale happened at this postcode is , THE GROVE MAGPIE GREEN: £375,000 (Sold on 27 Nov 1998)
  • Other
    • The average price is around £410,000 median price is £410,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £410,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , LAVENDER COTTAGE MAGPIE GREEN: £410,000 (Sold on 04 Nov 2022)
    • The first recorded sale happened at this postcode is , LAVENDER COTTAGE MAGPIE GREEN: £410,000 (Sold on 04 Nov 2022)
  • Semi-Detached
    • The average price is around £177,285 median price is £141,250 Standard Deviation is £134,216 with Total Sold: 8
    • The Last 5 Year average price is £350,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 2 SPIERS HILL: £350,000 (Sold on 09 Aug 2021)
    • The first recorded sale happened at this postcode is , ELM COTTAGE MAGPIE GREEN: £49,500 (Sold on 19 May 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£525,0001
2022£860,000 £3,978 1
2021£508,500 £10,816 2
2015£270,000 £2,727 1
2014£250,000 £2,525 1
2012£670,000 £2,968 1
2010£695,000 £3,215 1
2009£250,000 £3,284 2
2006£190,000 £842 1
2005£156,264 £2,149 2
2004£445,0001
2002£131,000 £1,560 1
1998£375,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£410,000 £4,141 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£350,000 £2,593 1
2017£365,000 £3,545 1
2014£220,000 £2,157 1
2012£285,000 £2,768 1
2001£35,280 £261 1
1998£51,000 £392 1
1995£56,000 £547 2

House Type in IP22 1RE area

The most common house types in the IP22 1RE postcode area are Detached (76), Semi-detached (45), and Terraced (19).

Total143
Detached76
Semi-detached45
Terraced19
Flat2
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (54), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright54
Owned: Owns with a mortgage or loan40
Private rented: Private landlord or letting agency24
Social rented: Other social rented10
Private rented: Other private rented9
Social rented: Rents from council or Local Authority4
Shared ownership: Shared ownership2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP22 1RE have 2 people in household (56), and 1 person in household (33).

2 people in household56
1 person in household33
4 people in household26
3 people in household18
5 people in household6
7 people in household3
0 people in household0
6 people in household0
8 or more people in household0