Housing Market Analysis for NORWICH ROAD, IP23 7ED

Are you looking to understand IP23 7ED 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 IP23 7ED area, explore the IP23 7ED Area information page.
For comprehensive crime statistics in the IP23 7ED area, explore the IP23 7ED Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP23 7ED postcode area, The average prices are as follows,

  • Detached
    • The average price is around £200,250 median price is £183,500 Standard Deviation is £127,395 with Total Sold: 6
    • The most recent sale happened at this postcode is BROOKSIDE NORWICH ROAD: £460,000 (Sold on 20 Oct 2009)
    • The first recorded sale happened at this postcode is TRUEHAZE NORWICH ROAD: £70,000 (Sold on 16 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IP23 7ED 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
2009£460,0001
2004£212,5001
2003£199,5001
2001£167,500 £905 1
1997£92,0001
1995£70,0001

All the Sales in the NORWICH ROAD, IP23 7ED

See the table below for more details on the sold house prices in the IP23 7ED, Mid Suffolk postcode.

AddressSold DatePrice% Change
BROOKSIDE NORWICH ROADDetached, Freehold20 Oct 2009£460,000First Sale
TRUEHAZE NORWICH ROADDetached, Freehold22 Dec 2004£212,5006.52%
12 Feb 2003£199,500116.85%
14 Apr 1997£92,00031.43%
16 Jun 1995£70,000First Sale
CHESTERS NORWICH ROADDetached, FreeholdArea: 185 Sq.mtrAge: 1983-199014 Sep 2001£167,500First Sale

Check out the sold house prices near the IP23 7ED postcode. Properties currently for saleProperties currently for rent

NORWICH ROAD, IP23 7ED Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP23 7ED 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 IP23 7ED postcode.

  • Other
    • The average price is around £650,000 median price is £650,000 Standard Deviation is £315,000 with Total Sold: 2
    • The Last 5 Year average price is £650,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , LODGE FARM WICKHAM ROAD: £965,000 (Sold on 01 Nov 2022)
    • The first recorded sale happened at this postcode is , LIME CROFT CHURCH LANE: £335,000 (Sold on 29 Sep 2021)
  • Detached
    • The average price is around £282,212 median price is £249,000 Standard Deviation is £143,946 with Total Sold: 41
    • The Last 5 Year average price is £500,300 with Total Sold: 4
    • The most recent sale happened at this postcode is , HARVEST LODGE WICKHAM ROAD: £505,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is , TRUEHAZE NORWICH ROAD: £70,000 (Sold on 16 Jun 1995)
  • Semi-Detached
    • The average price is around £107,625 median price is £106,500 Standard Deviation is £33,338 with Total Sold: 4
    • The most recent sale happened at this postcode is , 3 WICKHAM ROAD: £89,000 (Sold on 15 Mar 2010)
    • The first recorded sale happened at this postcode is , CHURCH COTTAGE WICKHAM ROAD: £65,000 (Sold on 20 Feb 1998)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£965,0001
2021£335,000 £2,481 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£508,733 £3,506 3
2019£475,000 £2,762 1
2018£513,000 £3,018 1
2017£450,000 £2,679 1
2016£580,000 £2,660 1
2014£430,833 £3,305 3
2013£272,000 £2,495 1
2011£252,500 £1,871 2
2010£386,0001
2009£460,0001
2006£260,0001
2005£299,5001
2004£296,2502
2003£249,600 £1,781 5
2001£201,250 £905 2
2000£185,000 £951 4
1999£151,500 £757 2
1998£168,500 £747 5
1997£99,5002
1996£154,000 £846 1
1995£70,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£89,000 £1,207 1
2002£152,5001
2000£124,0001
1998£65,0001

House Type in IP23 7ED area

The most common house types in the IP23 7ED postcode area are Detached (44), Semi-detached (11), and commercial building (1).

Total56
Detached44
Semi-detached11
commercial building1
Terraced0
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (27), and Owned: Owns with a mortgage or loan (18).

Owned: Owns outright27
Owned: Owns with a mortgage or loan18
Social rented: Rents from council or Local Authority5
Private rented: Private landlord or letting agency4
Private rented: Other private rented2
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 IP23 7ED have 2 people in household (25), and 3 people in household (10).

2 people in household25
3 people in household10
4 people in household10
1 person in household7
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0