Housing Market Analysis for PROGRESS WAY, IP23 7HU

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

Overview of Sold House prices

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

  • Other
    • The average price is around £595,311 median price is £200,000 Standard Deviation is £705,611 with Total Sold: 9
    • The Last 5 Year average price is £2,340,000 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 2 PROGRESS WAY: £2,340,000 (Sold on 31 May 2023)
    • The first recorded sale happened at this postcode is UNIT 10 PROGRESS WAY: £175,000 (Sold on 08 Nov 2013)
  • Detached
    • The average price is around £295,000 median price is £295,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 9 PROGRESS WAY: £295,000 (Sold on 18 Apr 2008)
    • The first recorded sale happened at this postcode is UNIT 9 PROGRESS WAY: £295,000 (Sold on 18 Apr 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average IP23 7HU 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£2,340,0001
2018£699,3333
2016£188,5002
2015£195,0001
2014£172,8001
2013£175,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£295,0001

All the Sales in the PROGRESS WAY, IP23 7HU

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

AddressSold DatePrice% Change
UNIT 2 PROGRESS WAYOther, Freehold31 May 2023£2,340,0001100.00%
23 Dec 2015£195,000First Sale
UNIT 4 PROGRESS WAYOther, Freehold19 Sep 2018£200,000-11.89%
22 Dec 2016£227,000First Sale
STENG INGREDIENTS LTD PROGRESS WAYOther, Freehold10 Jan 2018£1,250,000First Sale
12B PROGRESS WAYOther, Freehold02 Jan 2018£648,000First Sale
UNIT 10 PROGRESS WAYOther, Freehold29 Apr 2016£150,000-14.29%
08 Nov 2013£175,000First Sale
UNIT 11 PROGRESS WAYOther, Freehold31 Mar 2014£172,800First Sale
UNIT 9 PROGRESS WAYDetached, Freehold18 Apr 2008£295,000First Sale

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

PROGRESS WAY, IP23 7HU Near By properties

Interactive Map

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

  • Detached
    • The average price is around £264,722 median price is £237,500 Standard Deviation is £147,879 with Total Sold: 34
    • The Last 5 Year average price is £388,164 with Total Sold: 8
    • The most recent sale happened at this postcode is , 88 LANGTON GREEN: £390,000 (Sold on 22 Sep 2023)
    • The first recorded sale happened at this postcode is , WILLOW HOUSE LANGTON GREEN: £78,000 (Sold on 21 Sep 1995)
  • Other
    • The average price is around £542,165 median price is £227,000 Standard Deviation is £596,548 with Total Sold: 17
    • The Last 5 Year average price is £1,128,600 with Total Sold: 5
    • The most recent sale happened at this postcode is , UNIT 2 PROGRESS WAY: £2,340,000 (Sold on 31 May 2023)
    • The first recorded sale happened at this postcode is , UNIT 10 PROGRESS WAY: £175,000 (Sold on 08 Nov 2013)
  • Terraced
    • The average price is around £215,000 median price is £215,000 Standard Deviation is £35,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 4 LANGTON GREEN: £180,000 (Sold on 01 Feb 2013)
    • The first recorded sale happened at this postcode is , BLUE HORIZON LANGTON GREEN: £250,000 (Sold on 16 Feb 2007)
  • Semi-Detached
    • The average price is around £137,486 median price is £132,500 Standard Deviation is £72,168 with Total Sold: 4
    • The most recent sale happened at this postcode is , 90 LANGTON GREEN: £175,000 (Sold on 15 Dec 2009)
    • The first recorded sale happened at this postcode is , 89 LANGTON GREEN: £49,950 (Sold on 17 Jul 1998)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£390,000 £9,028 1
2021£308,828 £2,438 4
2020£345,000 £7,986 1
2019£567,500 £2,813 2
2017£470,000 £2,695 2
2016£158,7501
2015£315,000 £1,703 1
2014£250,000 £1,590 1
2012£218,000 £3,833 3
2011£580,680 £2,334 1
2008£232,500 £1,272 3
2007£220,000 £1,351 2
2006£229,950 £2,323 1
2005£172,500 £1,742 1
2004£332,500 £1,653 2
2000£175,000 £994 1
1999£22,000 £125 1
1998£155,000 £1,474 2
1997£68,950 £656 3
1995£78,000 £696 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£2,340,0001
2021£772,500 £3,095 2
2020£358,0001
2019£1,400,0001
2018£699,3333
2016£149,500 £658 4
2015£176,6673
2014£172,8001
2013£175,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£180,000 £1,800 1
2007£250,000 £1,351 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£175,0001
2007£234,9951
2003£90,0001
1998£49,950 £839 1

House Type in IP23 7HU area

The most common house types in the IP23 7HU postcode area are Detached (92), Semi-detached (36), and Flat (22).

Total161
Detached92
Semi-detached36
Flat22
Terraced11
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 (65), and Owned: Owns with a mortgage or loan (42).

Owned: Owns outright65
Owned: Owns with a mortgage or loan42
Social rented: Rents from council or Local Authority40
Private rented: Private landlord or letting agency5
Private rented: Other private rented4
Social rented: Other social rented3
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP23 7HU have 2 people in household (66), and 1 person in household (52).

2 people in household66
1 person in household52
3 people in household23
4 people in household14
5 people in household3
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0