Housing Market Analysis for CHERRY TREE CLOSE, IP23 8DH

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

Overview of Sold House prices

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

Detached
- The average price is around £220,413 median price is £212,500 Standard Deviation is £74,238 with Total Sold: 46
- The Last 5 Year average price is £319,636 with Total Sold: 11
- The most recent sale happened at this postcode is 1 CHERRY TREE CLOSE: £300,000 (Sold on 05 Oct 2021)
- The first recorded sale happened at this postcode is 11 CHERRY TREE CLOSE: £380,000 (Sold on 15 May 2024)
Semi-Detached
- The average price is around £147,417 median price is £159,500 Standard Deviation is £36,254 with Total Sold: 6
- The most recent sale happened at this postcode is RADOVAN CHERRY TREE CLOSE: £184,000 (Sold on 27 May 2015)
- The first recorded sale happened at this postcode is 10 CHERRY TREE CLOSE: £94,500 (Sold on 03 May 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average IP23 8DH 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£327,583	£3,231	6
2020	£307,500	£2,821	1
2019	£287,667	£2,809	3
2016	£250,000	£2,033	1
2015	£166,500	£1,785	1
2013	£275,000	£1,698	1
2012	£262,500	£2,004	2
2010	£173,500	£2,056	1
2008	£177,500		1
2007	£210,375	£2,188	4
2004	£220,429	£1,868	7
2003	£194,500	£1,715	8
2002	£123,889	£1,431	9
2024	£380,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£184,000	£2,453	1
2014	£180,000	£1,935	1
2008	£179,000	£1,925	1
2004	£140,000	£1,867	1
2002	£100,750	£1,151	2

All the Sales in the CHERRY TREE CLOSE, IP23 8DH

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

Address	Sold Date	Price	% Change
1 CHERRY TREE CLOSEDetached, FreeholdArea: 73 Sq.mtrAge: 1996-2002	05 Oct 2021	£300,000	55.44%
	02 Nov 2007	£193,000	19.88%
	17 Apr 2003	£161,000	34.17%
	24 May 2002	£120,000	First Sale
15 CHERRY TREE CLOSEDetached, FreeholdArea: 114 Sq.mtrAge: 2003-2006	28 Sep 2021	£318,000	67.37%
	23 Sep 2003	£190,000	First Sale
2 CHERRY TREE CLOSEDetached, FreeholdArea: 135 Sq.mtrAge: 1996-2002	21 Sep 2021	£375,000	66.67%
	14 Jul 2004	£225,000	9.76%
	29 Jan 2003	£205,000	First Sale
12 CHERRY TREE CLOSEDetached, FreeholdArea: 70 Sq.mtrAge: 1996-2002	12 Jul 2021	£275,000	139.13%
	19 Jul 2002	£115,000	First Sale
9 CHERRY TREE CLOSEDetached, FreeholdArea: 110 Sq.mtrAge: 1996-2002	24 Mar 2021	£342,500	7.70%
	07 May 2019	£318,000	61.42%
	22 Aug 2003	£197,000	First Sale
3 CHERRY TREE CLOSEDetached, FreeholdArea: 133 Sq.mtrAge: 2003-2006	17 Mar 2021	£355,000	42.00%
	16 Nov 2012	£250,000	7.30%
	17 Dec 2004	£233,000	10.95%
	16 May 2003	£210,000	First Sale
21 CHERRY TREE CLOSEDetached, FreeholdArea: 109 Sq.mtrAge: 2003-2006	01 Apr 2020	£307,500	2.50%
	12 Mar 2019	£300,000	100.00%
	27 Sep 2002	£150,000	First Sale
14 CHERRY TREE CLOSEDetached, FreeholdArea: 88 Sq.mtrAge: 1996-2002	09 Jan 2019	£245,000	104.17%
	16 Jul 2002	£120,000	First Sale
5 CHERRY TREE CLOSEDetached, FreeholdArea: 123 Sq.mtrAge: 2003-2006	24 Mar 2016	£250,000	9.65%
	08 May 2007	£228,000	23.24%
	23 May 2003	£185,000	First Sale
4 CHERRY TREE CLOSEDetached, FreeholdArea: 93.28 Sq.mtrAge: 1996-2002	12 Jun 2015	£166,500	44.78%
	18 Jan 2002	£115,000	First Sale
RADOVAN CHERRY TREE CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 2003-2006	27 May 2015	£184,000	31.43%
	11 Nov 2004	£140,000	First Sale
8 CHERRY TREE CLOSESemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1996-2002	13 Jun 2014	£180,000	0.56%
	14 Apr 2008	£179,000	67.29%
	22 May 2002	£107,000	First Sale
17 CHERRY TREE CLOSEDetached, FreeholdArea: 162 Sq.mtrAge: 2003-2006	02 May 2013	£275,000	-3.51%
	23 Jul 2004	£285,000	First Sale
19 CHERRY TREE CLOSEDetached, FreeholdArea: 129.26 Sq.mtrAge: 1996-2002	06 Dec 2012	£275,000	-3.51%
	27 Aug 2004	£285,000	First Sale
THE PINK HOUSE CHERRY TREE CLOSEDetached, FreeholdArea: 84.37 Sq.mtrAge: 2003-2006	08 Jan 2010	£173,500	5.15%
	27 Oct 2004	£165,000	First Sale
PICCOLO CHERRY TREE CLOSEDetached, Freehold	12 Feb 2008	£177,500	31.48%
PICCOLO CHERRY TREE CLOSEDetached, Freehold	28 Oct 2004	£135,000	First Sale
13 CHERRY TREE CLOSEDetached, FreeholdArea: 107 Sq.mtrAge: 2003-2006	31 Aug 2007	£233,000	22.63%
	29 Sep 2003	£190,000	First Sale
16 CHERRY TREE CLOSEDetached, FreeholdArea: 90.28 Sq.mtrAge: 1996-2002	15 Feb 2007	£187,500	56.25%
	02 Aug 2002	£120,000	First Sale
7 CHERRY TREE CLOSEDetached, Freehold	14 May 2004	£215,000	First Sale
11 CHERRY TREE CLOSEDetached, FreeholdArea: 130 Sq.mtrAge: 2003-2006	19 Dec 2003	£218,000	-42.63%
	15 May 2024	£380,000	First Sale
18 CHERRY TREE CLOSEDetached, Freehold	18 Sep 2002	£120,000	First Sale
23 CHERRY TREE CLOSEDetached, Freehold	28 Jun 2002	£115,000	First Sale
10 CHERRY TREE CLOSESemi-Detached, Freehold	03 May 2002	£94,500	First Sale
6 CHERRY TREE CLOSEDetached, Freehold	19 Apr 2002	£140,000	First Sale

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

CHERRY TREE CLOSE, IP23 8DH Near By properties

Interactive Map

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

Detached
- The average price is around £246,679 median price is £225,000 Standard Deviation is £138,254 with Total Sold: 175
- The Last 5 Year average price is £414,103 with Total Sold: 29
- The most recent sale happened at this postcode is , 11 CHERRY TREE CLOSE: £380,000 (Sold on 15 May 2024)
- The first recorded sale happened at this postcode is , FERNS CHURCH LANE: £72,000 (Sold on 05 May 1995)
Semi-Detached
- The average price is around £151,609 median price is £140,000 Standard Deviation is £66,400 with Total Sold: 61
- The Last 5 Year average price is £243,643 with Total Sold: 7
- The most recent sale happened at this postcode is , RAYLES THE STREET: £272,000 (Sold on 07 Dec 2023)
- The first recorded sale happened at this postcode is , RAYLES THE STREET: £47,950 (Sold on 27 Jul 1995)
Other
- The average price is around £729,395 median price is £465,000 Standard Deviation is £717,511 with Total Sold: 6
- The Last 5 Year average price is £792,500 with Total Sold: 2
- The most recent sale happened at this postcode is , LENROSE CHURCH LANE: £590,000 (Sold on 22 Mar 2023)
- The first recorded sale happened at this postcode is , THE CHERRY TREE OLD NORWICH ROAD: £19,500 (Sold on 13 Aug 2017)
Terraced
- The average price is around £168,177 median price is £125,000 Standard Deviation is £93,554 with Total Sold: 11
- The Last 5 Year average price is £180,000 with Total Sold: 5
- The most recent sale happened at this postcode is , END COTTAGE THE STREET: £245,000 (Sold on 06 Dec 2022)
- The first recorded sale happened at this postcode is , BRIAR COTTAGE OLD IPSWICH ROAD: £80,000 (Sold on 29 Mar 1996)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£380,000		1
2023	£541,667	£2,788	3
2022	£703,750	£5,179	2
2021	£381,692	£3,299	13
2020	£363,500	£2,851	3
2019	£363,429	£2,833	7
2018	£367,000	£3,380	5
2017	£346,500	£2,635	10
2016	£392,500	£2,117	2
2015	£251,714	£2,784	7
2014	£487,500	£2,153	1
2013	£257,071	£1,901	7
2012	£258,333	£1,858	3
2011	£215,112	£1,761	4
2010	£274,500	£2,120	3
2009	£189,667	£1,541	3
2008	£288,325		4
2007	£305,600	£2,405	10
2006	£237,500	£1,749	4
2005	£197,333	£1,592	3
2004	£238,786	£1,846	14
2003	£201,650	£1,748	10
2002	£147,133	£1,379	15
2001	£200,833	£1,355	3
2000	£126,200	£1,185	10
1999	£101,875	£872	4
1998	£128,500	£890	6
1997	£94,038	£615	13
1996	£87,250	£684	2
1995	£80,000	£669	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£272,000		1
2021	£262,167	£2,810	3
2020	£222,500	£2,771	2
2019	£202,000	£2,928	1
2018	£341,000	£2,437	2
2017	£215,000	£2,654	1
2015	£177,700	£2,311	5
2014	£181,250	£1,861	2
2013	£192,500	£1,552	1
2012	£157,833	£1,810	3
2011	£139,995	£1,371	1
2010	£150,000	£1,856	1
2009	£140,000		1
2008	£172,000	£1,981	2
2007	£156,000	£2,045	3
2005	£149,333	£1,973	3
2004	£139,288	£1,744	12
2003	£117,500	£1,774	1
2002	£86,800	£1,165	5
2001	£85,714	£1,150	7
1999	£58,750		1
1998	£54,500	£242	2
1995	£47,950	£593	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£792,500	£4,609	2
2018	£923,957	£1,066	3
2017	£19,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£245,000	£3,828	1
2021	£245,000	£3,176	1
2020	£125,000	£1,953	1
2019	£142,500	£2,084	2
2018	£340,000	£1,683	1
2016	£285,000	£1,411	1
2006	£124,950	£2,075	1
1997	£87,000	£431	1
1996	£56,500	£430	2

House Type in IP23 8DH area

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

Total	221
Detached	146
Semi-detached	66
Terraced	7
commercial building	2
Flat	0
Shared house	0
converted building	0
temporary structure	0

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 outright	116
Owned: Owns with a mortgage or loan	75
Private rented: Private landlord or letting agency	19
Social rented: Rents from council or Local Authority	6
Private rented: Other private rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the IP23 8DH have 2 people in household (95), and 1 person in household (40).

2 people in household	95
1 person in household	40
3 people in household	36
4 people in household	33
5 people in household	12
6 people in household	3
7 people in household	2
0 people in household	0
8 or more people in household	0