Housing Market Analysis for CHERRY TREE CLOSE, IP24 1QT

Are you looking to understand IP24 1QT 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 Breckland postcode.

For the location information and nearby amenities in the IP24 1QT area, explore the IP24 1QT Area information page.
For comprehensive crime statistics in the IP24 1QT area, explore the IP24 1QT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP24 1QT postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £120,500 median price is £123,500 Standard Deviation is £68,776 with Total Sold: 6
    • The Last 5 Year average price is £250,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 CHERRY TREE CLOSE: £250,000 (Sold on 17 Jan 2020)
    • The first recorded sale happened at this postcode is 8 CHERRY TREE CLOSE: £37,500 (Sold on 11 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IP24 1QT 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
2020£250,000 £1,894 1
2014£135,000 £1,406 1
2011£122,000 £1,244 1
2003£125,0001
1998£53,5001
1996£37,5001

All the Sales in the CHERRY TREE CLOSE, IP24 1QT

See the table below for more details on the sold house prices in the IP24 1QT, Breckland postcode.

AddressSold DatePrice% Change
6 CHERRY TREE CLOSESemi-Detached, FreeholdArea: 132 Sq.mtrAge: 1930-194917 Jan 2020£250,000First Sale
7 CHERRY TREE CLOSESemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1930-194929 Oct 2014£135,000First Sale
2 CHERRY TREE CLOSESemi-Detached, FreeholdArea: 98.1 Sq.mtrAge: 1950-196618 Oct 2011£122,000First Sale
3 CHERRY TREE CLOSESemi-Detached, Freehold23 May 2003£125,000First Sale
1 CHERRY TREE CLOSESemi-Detached, Freehold23 Jul 1998£53,500First Sale
8 CHERRY TREE CLOSESemi-Detached, Freehold11 Oct 1996£37,500First Sale

Check out the sold house prices near the IP24 1QT postcode. Properties currently for saleProperties currently for rent

CHERRY TREE CLOSE, IP24 1QT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP24 1QT 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 IP24 1QT postcode.

  • Semi-Detached
    • The average price is around £167,898 median price is £195,000 Standard Deviation is £79,203 with Total Sold: 18
    • The Last 5 Year average price is £235,000 with Total Sold: 7
    • The most recent sale happened at this postcode is , 9 MILL STONE GREEN: £280,000 (Sold on 04 Sep 2023)
    • The first recorded sale happened at this postcode is , 8 CHERRY TREE CLOSE: £37,500 (Sold on 11 Oct 1996)
  • Detached
    • The average price is around £309,418 median price is £341,250 Standard Deviation is £125,124 with Total Sold: 26
    • The Last 5 Year average price is £398,643 with Total Sold: 14
    • The most recent sale happened at this postcode is , 19 MILL STONE GREEN: £365,000 (Sold on 07 Mar 2022)
    • The first recorded sale happened at this postcode is , 6 WINDMILL LANE: £85,000 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £217,500 median price is £205,000 Standard Deviation is £24,875 with Total Sold: 4
    • The Last 5 Year average price is £217,500 with Total Sold: 4
    • The most recent sale happened at this postcode is , 1 MILL STONE GREEN: £260,000 (Sold on 28 Jan 2021)
    • The first recorded sale happened at this postcode is , 4 MILL STONE GREEN: £210,000 (Sold on 12 Sep 2019)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£280,000 £3,590 1
2022£260,000 £3,333 1
2020£236,667 £2,811 3
2019£197,500 £3,135 2
2018£222,500 £3,150 2
2015£210,000 £1,489 1
2014£147,500 £1,623 2
2011£122,000 £1,244 1
2003£125,0001
1998£47,552 £309 3
1996£37,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£402,500 £3,341 2
2021£445,800 £3,343 5
2020£369,500 £3,210 4
2019£356,333 £3,064 3
2018£331,250 £3,039 2
2017£290,0001
2013£310,000 £1,962 1
2012£205,0001
2006£191,500 £2,057 2
2003£123,000 £778 1
2002£240,000 £1,727 1
2000£149,0001
1995£50,688 £104 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£260,0001
2020£200,000 £3,175 2
2019£210,000 £3,333 1

House Type in IP24 1QT area

The most common house types in the IP24 1QT postcode area are Detached (108), Semi-detached (52), and Terraced (8).

Total171
Detached108
Semi-detached52
Terraced8
converted building2
temporary structure1
Flat0
Shared house0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (68), and Owned: Owns with a mortgage or loan (48).

Owned: Owns outright68
Owned: Owns with a mortgage or loan48
Private rented: Private landlord or letting agency32
Private rented: Other private rented19
Social rented: Other social rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP24 1QT have 2 people in household (85), and 1 person in household (36).

2 people in household85
1 person in household36
3 people in household24
4 people in household18
5 people in household5
6 people in household2
8 or more people in household1
0 people in household0
7 people in household0