Housing Market Analysis for SPRING CLOSE, IP23 8GZ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £320,000 median price is £315,000 Standard Deviation is £37,072 with Total Sold: 11
    • The most recent sale happened at this postcode is PLUM TREE HOUSE SPRING CLOSE: £425,000 (Sold on 04 Oct 2017)
    • The first recorded sale happened at this postcode is THE BIRCHES, 5 SPRING CLOSE: £298,000 (Sold on 28 Apr 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average IP23 8GZ 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
2017£425,000 £2,497 1
2011£292,000 £1,723 1
2010£325,000 £1,987 2
2009£325,000 £1,910 1
2008£320,0002
2007£305,0002
2006£289,000 £1,652 2

All the Sales in the SPRING CLOSE, IP23 8GZ

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

AddressSold DatePrice% Change
PLUM TREE HOUSE SPRING CLOSEDetached, FreeholdArea: 170.18 Sq.mtr04 Oct 2017£425,00030.77%
22 Jul 2009£325,000First Sale
3 SPRING CLOSEDetached, FreeholdArea: 169.5 Sq.mtrAge: 2003-200623 Aug 2011£292,0004.29%
15 Dec 2006£280,000First Sale
HAWTHORN HOUSE SPRING CLOSEDetached, FreeholdArea: 155.48 Sq.mtr15 Jul 2010£330,000First Sale
ASH TREE HOUSE SPRING CLOSEDetached, FreeholdArea: 172.78 Sq.mtr16 Jun 2010£320,000First Sale
4 SPRING CLOSEDetached, Freehold18 Mar 2008£305,000First Sale
COPPER BEECHES, 1 SPRING CLOSEDetached, Freehold08 Feb 2008£335,000First Sale
THE BRAMLEYS, 2 SPRING CLOSEDetached, Freehold05 Oct 2007£315,000First Sale
THE BIRCHES, 5 SPRING CLOSEDetached, Freehold16 Aug 2007£295,000-1.01%
28 Apr 2006£298,000First Sale

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

SPRING CLOSE, IP23 8GZ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £275,053 median price is £266,250 Standard Deviation is £147,390 with Total Sold: 294
    • The Last 5 Year average price is £405,468 with Total Sold: 65
    • The most recent sale happened at this postcode is , BYWAYS COLDHAM LANE: £220,000 (Sold on 25 Sep 2024)
    • The first recorded sale happened at this postcode is , AMITY HOUSE HIGH STREET: £73,000 (Sold on 05 May 1995)
  • Semi-Detached
    • The average price is around £130,825 median price is £123,000 Standard Deviation is £74,219 with Total Sold: 173
    • The Last 5 Year average price is £238,640 with Total Sold: 25
    • The most recent sale happened at this postcode is , 4 COLUMBINE WAY: £260,000 (Sold on 11 Mar 2024)
    • The first recorded sale happened at this postcode is , 1 MARTINS MEADOW: £46,500 (Sold on 30 Mar 1995)
  • Terraced
    • The average price is around £108,398 median price is £92,000 Standard Deviation is £63,776 with Total Sold: 103
    • The Last 5 Year average price is £197,538 with Total Sold: 13
    • The most recent sale happened at this postcode is , 15 BROADFIELDS ROAD: £162,000 (Sold on 26 Sep 2023)
    • The first recorded sale happened at this postcode is , 41 BROADFIELDS ROAD: £34,995 (Sold on 07 Apr 1995)
  • Other
    • The average price is around £292,525 median price is £357,150 Standard Deviation is £196,765 with Total Sold: 6
    • The Last 5 Year average price is £264,030 with Total Sold: 5
    • The most recent sale happened at this postcode is , CARDUELIS THORNHAM ROAD: £4,000 (Sold on 14 Oct 2022)
    • The first recorded sale happened at this postcode is , ARDWYN HOUSE HIGH STREET: £435,000 (Sold on 27 Nov 2015)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£388,3333
2023£438,250 £3,133 4
2022£484,389 £3,527 9
2021£440,800 £3,251 19
2020£374,141 £3,234 16
2019£336,893 £3,192 14
2018£450,400 £2,717 5
2017£421,719 £2,546 8
2016£339,675 £2,411 8
2015£330,915 £2,413 12
2014£330,308 £2,358 13
2013£236,619 £1,817 8
2012£220,725 £2,815 2
2011£238,800 £2,274 5
2010£295,100 £1,772 10
2009£267,299 £1,875 19
2008£284,426 £2,729 10
2007£275,653 £1,885 16
2006£252,500 £2,014 11
2005£243,056 £2,322 8
2004£277,125 £1,736 8
2003£290,250 £1,395 4
2002£221,167 £1,415 9
2001£153,895 £1,057 10
2000£169,797 £2,191 15
1999£127,129 £884 15
1998£94,621 £710 12
1997£93,768 £652 11
1996£88,643 £614 7
1995£72,8333
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£299,250 £2,823 4
2023£212,500 £3,252 2
2022£265,000 £2,963 2
2021£257,502 £3,013 6
2020£184,917 £2,251 6
2019£231,900 £3,538 5
2018£225,000 £2,528 1
2017£195,917 £2,378 6
2016£183,250 £2,623 4
2015£214,000 £1,939 2
2014£201,750 £2,092 4
2013£172,000 £1,536 1
2012£141,708 £2,110 6
2011£159,619 £1,903 8
2010£177,500 £2,685 4
2009£144,000 £2,021 2
2008£122,624 £916 4
2007£184,621 £1,958 7
2006£142,900 £1,880 5
2005£130,064 £1,901 7
2004£143,550 £1,471 8
2003£105,438 £1,481 8
2002£97,964 £1,240 7
2001£82,904 £875 13
2000£64,214 £820 7
1999£64,534 £804 13
1998£54,400 £579 5
1997£53,439 £611 9
1996£48,242 £522 12
1995£43,500 £537 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£206,000 £3,420 3
2022£156,000 £2,690 1
2021£233,332 £2,680 3
2020£189,500 £2,986 4
2019£168,000 £2,826 2
2018£223,500 £2,455 2
2017£138,250 £2,477 4
2016£180,500 £2,539 3
2015£160,000 £2,385 2
2014£136,100 £1,803 5
2012£129,600 £2,033 5
2011£137,500 £1,322 1
2009£112,960 £1,859 5
2008£196,750 £2,662 2
2007£157,100 £1,846 5
2006£114,582 £2,260 6
2005£92,667 £2,303 3
2004£112,500 £1,496 3
2003£90,000 £1,592 2
2002£74,800 £1,240 10
2001£48,238 £1,078 4
2000£45,375 £953 4
1999£39,899 £574 5
1998£37,167 £623 6
1997£40,750 £630 8
1996£33,582 £669 3
1995£35,498 £529 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£4,000 £38 1
2021£256,966 £1,693 3
2020£545,2501
2015£435,000 £2,417 1

House Type in IP23 8GZ area

The most common house types in the IP23 8GZ postcode area are Detached (129), Semi-detached (45), and Terraced (9).

Total183
Detached129
Semi-detached45
Terraced9
Flat0
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 (98), and Owned: Owns with a mortgage or loan (56).

Owned: Owns outright98
Owned: Owns with a mortgage or loan56
Shared ownership: Shared ownership9
Private rented: Private landlord or letting agency9
Social rented: Rents from council or Local Authority6
Social rented: Other social rented5
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the IP23 8GZ have 2 people in household (86), and 1 person in household (45).

2 people in household86
1 person in household45
3 people in household22
4 people in household21
5 people in household7
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0