Housing Market Analysis for SAFFRON CLOSE, IP23 8LB

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

Overview of Sold House prices

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

  • Other
    • The average price is around £56,598 median price is £56,598 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £56,598 with Total Sold: 1
    • The most recent sale happened at this postcode is 4A SAFFRON CLOSE: £56,598 (Sold on 21 Dec 2021)
    • The first recorded sale happened at this postcode is 4A SAFFRON CLOSE: £56,598 (Sold on 21 Dec 2021)
  • Semi-Detached
    • The average price is around £107,500 median price is £107,500 Standard Deviation is £0 with Total Sold: 2
    • The Last 5 Year average price is £107,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 SAFFRON CLOSE: £107,500 (Sold on 11 Dec 2020)
    • The first recorded sale happened at this postcode is 5 SAFFRON CLOSE: £107,500 (Sold on 29 Oct 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average IP23 8LB 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
2021£56,598 £666 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£107,500 £1,414 2

All the Sales in the SAFFRON CLOSE, IP23 8LB

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

AddressSold DatePrice% Change
4A SAFFRON CLOSEOther, FreeholdArea: 85 Sq.mtrAge: 201821 Dec 2021£56,598First Sale
1 SAFFRON CLOSESemi-Detached, LeaseholdArea: 76 Sq.mtr11 Dec 2020£107,500First Sale
5 SAFFRON CLOSESemi-Detached, LeaseholdArea: 76 Sq.mtr29 Oct 2020£107,500First Sale

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

SAFFRON CLOSE, IP23 8LB Near By properties

Interactive Map

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

  • Detached
    • The average price is around £259,716 median price is £248,000 Standard Deviation is £134,646 with Total Sold: 229
    • The Last 5 Year average price is £394,481 with Total Sold: 55
    • 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 £130,263 median price is £123,500 Standard Deviation is £73,175 with Total Sold: 170
    • The Last 5 Year average price is £235,042 with Total Sold: 24
    • 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£275,000 £3,873 1
2022£489,917 £3,279 6
2021£440,947 £2,973 15
2020£374,141 £3,234 16
2019£336,893 £3,192 14
2018£325,000 £2,981 2
2017£421,719 £2,546 8
2016£292,990 £2,373 5
2015£314,000 £2,389 5
2014£264,286 £2,006 7
2013£252,564 £2,058 7
2012£164,950 £2,104 1
2011£262,250 £1,898 4
2010£267,000 £1,767 8
2009£217,998 £1,722 11
2008£297,140 £2,054 9
2007£275,389 £2,162 14
2006£235,250 £1,989 10
2005£229,3614
2004£233,667 £1,746 6
2003£290,250 £1,395 4
2002£196,083 £1,559 6
2001£142,714 £1,009 7
2000£175,068 £2,339 14
1999£127,129 £884 15
1998£97,161 £643 9
1997£93,768 £652 11
1996£83,3754
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£244,002 £2,991 5
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£62,662 £799 12
1998£54,400 £579 5
1997£53,439 £611 9
1996£45,718 £522 11
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 8LB area

The most common house types in the IP23 8LB 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 8LB 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