Housing Market Analysis for BURNS CLOSE, IP23 8DD

Are you looking to understand IP23 8DD 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 8DD area, explore the IP23 8DD Area information page.
For comprehensive crime statistics in the IP23 8DD area, explore the IP23 8DD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP23 8DD postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £172,042 median price is £183,250 Standard Deviation is £60,547 with Total Sold: 12
    • The Last 5 Year average price is £221,625 with Total Sold: 4
    • The most recent sale happened at this postcode is 8 BURNS CLOSE: £249,000 (Sold on 23 Jul 2021)
    • The first recorded sale happened at this postcode is 17 BURNS CLOSE: £59,500 (Sold on 12 Nov 1999)
  • Terraced
    • The average price is around £69,250 median price is £69,250 Standard Deviation is £14,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 11 BURNS CLOSE: £84,000 (Sold on 14 Sep 2001)
    • The first recorded sale happened at this postcode is 11 BURNS CLOSE: £54,500 (Sold on 17 Apr 1998)
  • Detached
    • The average price is around £50,000 median price is £50,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 20 BURNS CLOSE: £50,000 (Sold on 15 May 1998)
    • The first recorded sale happened at this postcode is 20 BURNS CLOSE: £50,000 (Sold on 15 May 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IP23 8DD 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£249,000 £2,830 1
2020£212,500 £2,846 3
2019£180,000 £2,769 1
2017£250,000 £2,747 1
2015£186,500 £2,119 1
2006£161,000 £1,875 2
2002£93,000 £1,431 1
2001£87,000 £989 1
1999£59,500 £815 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£84,0001
1998£54,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£50,000 £909 1

All the Sales in the BURNS CLOSE, IP23 8DD

See the table below for more details on the sold house prices in the IP23 8DD, Mid Suffolk postcode.

AddressSold DatePrice% Change
8 BURNS CLOSESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1983-199023 Jul 2021£249,0009.45%
29 May 2020£227,50021.98%
16 Jan 2015£186,50013.03%
26 May 2006£165,00089.66%
07 Sep 2001£87,000First Sale
4 BURNS CLOSESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1991-199517 Dec 2020£200,00011.11%
14 Jun 2019£180,00093.55%
06 Dec 2002£93,000First Sale
17 BURNS CLOSESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1983-199004 May 2020£210,000252.94%
12 Nov 1999£59,500First Sale
18 BURNS CLOSESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1983-199021 Jul 2017£250,000First Sale
14 BURNS CLOSESemi-Detached, Freehold01 Sep 2006£157,000First Sale
11 BURNS CLOSETerraced, Freehold14 Sep 2001£84,00054.13%
17 Apr 1998£54,500First Sale
20 BURNS CLOSEDetached, FreeholdArea: 55 Sq.mtrAge: 1976-198215 May 1998£50,000First Sale

Check out the sold house prices near the IP23 8DD postcode. Properties currently for saleProperties currently for rent

BURNS CLOSE, IP23 8DD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP23 8DD 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 8DD postcode.

  • Detached
    • The average price is around £225,714 median price is £198,500 Standard Deviation is £161,228 with Total Sold: 42
    • The Last 5 Year average price is £454,438 with Total Sold: 8
    • The most recent sale happened at this postcode is , CROSSWAYS COTTAGE MELLIS ROAD: £475,000 (Sold on 29 May 2024)
    • The first recorded sale happened at this postcode is , THE OLD CROSSING THORNHAM ROAD: £38,500 (Sold on 28 Mar 1995)
  • Semi-Detached
    • The average price is around £146,683 median price is £139,975 Standard Deviation is £58,640 with Total Sold: 38
    • The Last 5 Year average price is £227,571 with Total Sold: 7
    • The most recent sale happened at this postcode is , HIGHLANDS MELLIS ROAD: £216,500 (Sold on 13 Oct 2021)
    • The first recorded sale happened at this postcode is , YEW TREE COTTAGE MELLIS ROAD: £57,500 (Sold on 13 Feb 1998)
  • Other
    • The average price is around £1,250,000 median price is £1,250,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £1,250,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , YAXLEY MANOR HOUSE MELLIS ROAD: £1,250,000 (Sold on 10 Feb 2021)
    • The first recorded sale happened at this postcode is , YAXLEY MANOR HOUSE MELLIS ROAD: £1,250,000 (Sold on 10 Feb 2021)
  • Terraced
    • The average price is around £69,250 median price is £69,250 Standard Deviation is £14,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , 11 BURNS CLOSE: £84,000 (Sold on 14 Sep 2001)
    • The first recorded sale happened at this postcode is , 11 BURNS CLOSE: £54,500 (Sold on 17 Apr 1998)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£475,0001
2023£290,000 £2,788 1
2022£703,750 £5,179 2
2021£360,000 £3,445 2
2020£371,500 £3,068 2
2018£170,000 £1,604 1
2017£291,000 £2,856 4
2015£245,000 £2,500 1
2013£224,750 £1,649 2
2011£210,500 £1,735 1
2009£160,000 £1,284 2
2007£350,0001
2006£210,000 £1,731 1
2004£235,000 £1,635 2
2002£201,000 £1,007 3
2001£207,7502
2000£128,750 £978 4
1999£57,5001
1998£68,500 £829 2
1997£93,750 £548 4
1996£57,000 £684 2
1995£38,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£245,167 £2,984 3
2020£214,375 £2,965 4
2019£191,000 £2,848 2
2017£232,500 £2,701 2
2015£165,333 £2,165 3
2012£145,750 £1,817 2
2009£140,0001
2008£165,000 £2,037 1
2006£161,000 £1,875 2
2005£130,000 £1,884 1
2004£138,650 £2,028 3
2003£117,500 £1,774 1
2002£81,375 £1,258 4
2001£87,643 £1,163 7
1999£59,500 £815 1
1998£57,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£1,250,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£84,0001
1998£54,5001

House Type in IP23 8DD area

The most common house types in the IP23 8DD postcode area are Detached (146), Semi-detached (66), and Terraced (7).

Total221
Detached146
Semi-detached66
Terraced7
commercial building2
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 (116), and Owned: Owns with a mortgage or loan (75).

Owned: Owns outright116
Owned: Owns with a mortgage or loan75
Private rented: Private landlord or letting agency19
Social rented: Rents from council or Local Authority6
Private rented: Other private rented4
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 8DD have 2 people in household (95), and 1 person in household (40).

2 people in household95
1 person in household40
3 people in household36
4 people in household33
5 people in household12
6 people in household3
7 people in household2
0 people in household0
8 or more people in household0