Housing Market Analysis for BLACKSMITH LANE, IP24 2NE

Are you looking to understand IP24 2NE 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 West Suffolk postcode.

For the location information and nearby amenities in the IP24 2NE area, explore the IP24 2NE Area information page.
For comprehensive crime statistics in the IP24 2NE area, explore the IP24 2NE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP24 2NE postcode area, The average prices are as follows,

  • Detached
    • The average price is around £249,998 median price is £245,000 Standard Deviation is £22,732 with Total Sold: 3
    • The most recent sale happened at this postcode is HILL TOPS BLACKSMITH LANE: £245,000 (Sold on 18 Dec 2018)
    • The first recorded sale happened at this postcode is KERENSA BLACKSMITH LANE: £224,995 (Sold on 03 Jun 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average IP24 2NE 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
2018£245,000 £3,311 1
2015£280,0001
2010£224,9951

All the Sales in the BLACKSMITH LANE, IP24 2NE

See the table below for more details on the sold house prices in the IP24 2NE, West Suffolk postcode.

AddressSold DatePrice% Change
HILL TOPS BLACKSMITH LANEDetached, FreeholdArea: 74 Sq.mtrAge: 1950-196618 Dec 2018£245,000First Sale
KERENSA BLACKSMITH LANEDetached, Freehold15 Oct 2015£280,00024.45%
03 Jun 2010£224,995First Sale

Check out the sold house prices near the IP24 2NE postcode. Properties currently for saleProperties currently for rent

BLACKSMITH LANE, IP24 2NE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP24 2NE 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 2NE postcode.

  • Terraced
    • The average price is around £190,872 median price is £179,000 Standard Deviation is £60,481 with Total Sold: 8
    • The Last 5 Year average price is £274,765 with Total Sold: 2
    • The most recent sale happened at this postcode is , 5 ST MARTINS LANE: £270,000 (Sold on 03 Sep 2024)
    • The first recorded sale happened at this postcode is , 1 TOWER COTTAGES: £149,950 (Sold on 26 Feb 2003)
  • Detached
    • The average price is around £293,294 median price is £280,000 Standard Deviation is £172,780 with Total Sold: 73
    • The Last 5 Year average price is £500,192 with Total Sold: 13
    • The most recent sale happened at this postcode is , MILLFORD WATER LANE: £575,000 (Sold on 16 Nov 2023)
    • The first recorded sale happened at this postcode is , THE OLD PARSONAGE CHURCH LANE: £182,500 (Sold on 15 Jan 1996)
  • Semi-Detached
    • The average price is around £199,550 median price is £175,000 Standard Deviation is £100,754 with Total Sold: 35
    • The Last 5 Year average price is £310,050 with Total Sold: 10
    • The most recent sale happened at this postcode is , 32 MILL LANE: £262,500 (Sold on 20 Sep 2023)
    • The first recorded sale happened at this postcode is , 1 THETFORD ROAD: £61,000 (Sold on 04 May 1995)
  • Other
    • The average price is around £9,000 median price is £9,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £9,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , HAREFIELD EUSTON ROAD: £9,000 (Sold on 13 Jan 2023)
    • The first recorded sale happened at this postcode is , HAREFIELD EUSTON ROAD: £9,000 (Sold on 13 Jan 2023)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£270,0001
2019£279,5301
2017£165,0001
2016£157,5001
2015£193,000 £1,771 1
2007£224,000 £1,915 1
2003£118,975 £1,048 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£575,000 £2,436 1
2022£480,000 £3,220 3
2021£545,667 £2,951 3
2020£605,000 £2,778 2
2019£410,125 £2,659 4
2018£429,375 £3,074 4
2017£217,000 £1,714 2
2016£518,750 £2,432 4
2015£272,500 £1,949 2
2014£297,500 £2,588 4
2013£300,000 £2,381 1
2012£170,000 £1,466 1
2011£291,988 £1,799 4
2010£332,498 £1,973 2
2009£234,000 £2,194 2
2007£298,500 £2,069 2
2006£175,332 £1,471 3
2005£337,4752
2004£237,5002
2003£228,599 £1,700 5
2002£264,867 £1,129 3
2000£105,0001
1999£53,000 £768 1
1998£145,333 £808 3
1997£110,6005
1996£116,857 £600 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£262,500 £2,885 1
2022£355,000 £2,910 1
2021£345,833 £2,797 3
2020£299,375 £3,164 4
2019£248,000 £2,667 1
2018£195,000 £2,709 2
2017£186,000 £2,067 1
2016£164,500 £2,938 2
2014£175,000 £1,667 1
2012£123,250 £1,647 1
2010£260,000 £2,131 1
2007£250,000 £2,049 1
2006£219,000 £2,899 3
2004£140,0001
2002£212,000 £1,738 1
2001£143,833 £1,130 3
2000£102,000 £1,037 3
1999£67,000 £689 2
1998£119,0001
1997£110,0001
1995£61,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£9,0001

House Type in IP24 2NE area

The most common house types in the IP24 2NE postcode area are Detached (84), Semi-detached (23), and Terraced (6).

Total116
Detached84
Semi-detached23
Terraced6
Shared house1
converted building1
temporary structure1
Flat0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (56), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright56
Owned: Owns with a mortgage or loan35
Private rented: Private landlord or letting agency16
Private rented: Other private rented4
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the IP24 2NE have 2 people in household (52), and 1 person in household (24).

2 people in household52
1 person in household24
3 people in household23
4 people in household9
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0