Housing Market Analysis for THE BANKS, IP22 2JJ

Are you looking to understand IP22 2JJ 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 Breckland postcode.

For the location information and nearby amenities in the IP22 2JJ area, explore the IP22 2JJ Area information page.
For comprehensive crime statistics in the IP22 2JJ area, explore the IP22 2JJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP22 2JJ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £246,750 median price is £211,000 Standard Deviation is £130,563 with Total Sold: 4
    • The Last 5 Year average price is £152,000 with Total Sold: 1
    • The most recent sale happened at this postcode is MARTINS NEST THE BANKS: £152,000 (Sold on 09 Apr 2020)
    • The first recorded sale happened at this postcode is BLUE BELL COTTAGE THE BANKS: £115,000 (Sold on 16 Apr 1999)
  • Semi-Detached
    • The average price is around £201,500 median price is £201,500 Standard Deviation is £69,500 with Total Sold: 2
    • The most recent sale happened at this postcode is THE STUDIO THE BANKS: £271,000 (Sold on 03 Feb 2017)
    • The first recorded sale happened at this postcode is YEOMANS COTTAGE THE BANKS: £132,000 (Sold on 06 Oct 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average IP22 2JJ 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
2020£152,000 £1,900 1
2016£450,000 £2,486 1
2009£270,000 £1,915 1
1999£115,000 £816 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£271,000 £2,221 1
2014£132,000 £1,245 1

All the Sales in the THE BANKS, IP22 2JJ

See the table below for more details on the sold house prices in the IP22 2JJ, Breckland postcode.

AddressSold DatePrice% Change
MARTINS NEST THE BANKSDetached, FreeholdArea: 80 Sq.mtrAge: before 190009 Apr 2020£152,000First Sale
THE STUDIO THE BANKSSemi-Detached, FreeholdArea: 122 Sq.mtrAge: before 190003 Feb 2017£271,000First Sale
EVANGELINE THE BANKSDetached, FreeholdArea: 181 Sq.mtrAge: before 190030 Sep 2016£450,000First Sale
YEOMANS COTTAGE THE BANKSSemi-Detached, FreeholdArea: 106 Sq.mtrAge: before 190006 Oct 2014£132,000First Sale
BLUE BELL COTTAGE THE BANKSDetached, FreeholdArea: 140.998 Sq.mtrAge: before 190025 Sep 2009£270,000134.78%
16 Apr 1999£115,000First Sale

Check out the sold house prices near the IP22 2JJ postcode. Properties currently for saleProperties currently for rent

THE BANKS, IP22 2JJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP22 2JJ 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 2JJ postcode.

  • Detached
    • The average price is around £246,750 median price is £211,000 Standard Deviation is £130,563 with Total Sold: 4
    • The Last 5 Year average price is £152,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , MARTINS NEST THE BANKS: £152,000 (Sold on 09 Apr 2020)
    • The first recorded sale happened at this postcode is , BLUE BELL COTTAGE THE BANKS: £115,000 (Sold on 16 Apr 1999)
  • Semi-Detached
    • The average price is around £201,500 median price is £201,500 Standard Deviation is £69,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , THE STUDIO THE BANKS: £271,000 (Sold on 03 Feb 2017)
    • The first recorded sale happened at this postcode is , YEOMANS COTTAGE THE BANKS: £132,000 (Sold on 06 Oct 2014)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£152,000 £1,900 1
2016£450,000 £2,486 1
2009£270,000 £1,915 1
1999£115,000 £816 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£271,000 £2,221 1
2014£132,000 £1,245 1

House Type in IP22 2JJ area

The most common house types in the IP22 2JJ postcode area are Detached (75), Semi-detached (39), and converted building (1).

Total115
Detached75
Semi-detached39
converted building1
Terraced0
Flat0
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (53), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright53
Owned: Owns with a mortgage or loan33
Social rented: Other social rented15
Private rented: Private landlord or letting agency9
Social rented: Rents from council or Local Authority3
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP22 2JJ have 2 people in household (50), and 1 person in household (28).

2 people in household50
1 person in household28
3 people in household19
4 people in household12
5 people in household4
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0