Housing Market Analysis for MERE CLOSE, IP25 7HS

Are you looking to understand IP25 7HS 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 IP25 7HS area, explore the IP25 7HS Area information page.
For comprehensive crime statistics in the IP25 7HS area, explore the IP25 7HS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP25 7HS postcode area, The average prices are as follows,

  • Detached
    • The average price is around £147,026 median price is £148,000 Standard Deviation is £64,681 with Total Sold: 17
    • The Last 5 Year average price is £300,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 22 MERE CLOSE: £300,000 (Sold on 25 Mar 2022)
    • The first recorded sale happened at this postcode is 8 MERE CLOSE: £66,000 (Sold on 03 Jan 1995)
  • Semi-Detached
    • The average price is around £103,828 median price is £83,000 Standard Deviation is £61,555 with Total Sold: 9
    • The most recent sale happened at this postcode is 28 MERE CLOSE: £240,000 (Sold on 03 Nov 2017)
    • The first recorded sale happened at this postcode is 6 MERE CLOSE: £60,000 (Sold on 24 May 1996)
  • Terraced
    • The average price is around £105,715 median price is £105,715 Standard Deviation is £40,285 with Total Sold: 2
    • The most recent sale happened at this postcode is 21 MERE CLOSE: £146,000 (Sold on 19 Jan 2011)
    • The first recorded sale happened at this postcode is 21 MERE CLOSE: £65,430 (Sold on 17 Dec 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average IP25 7HS 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
2022£300,000 £3,000 1
2016£265,000 £2,008 1
2015£170,000 £2,101 2
2014£160,000 £1,778 1
2008£137,000 £1,522 1
2007£177,000 £2,011 1
2005£159,750 £1,895 2
2004£160,0001
2003£144,000 £1,608 2
2001£84,0001
1998£78,0001
1995£63,650 £492 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£240,000 £2,609 1
2011£162,500 £1,651 1
2007£70,0001
2002£117,4752
2001£83,000 £902 1
1998£30,0001
1996£57,000 £587 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£146,000 £1,734 1
2003£65,430 £777 1

All the Sales in the MERE CLOSE, IP25 7HS

See the table below for more details on the sold house prices in the IP25 7HS, Breckland postcode.

AddressSold DatePrice% Change
22 MERE CLOSEDetached, FreeholdArea: 100 Sq.mtrAge: 1983-199025 Mar 2022£300,000First Sale
28 MERE CLOSESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1976-198203 Nov 2017£240,000189.16%
23 Feb 2001£83,00053.70%
11 Sep 1996£54,000First Sale
18 MERE CLOSEDetached, FreeholdArea: 132 Sq.mtrAge: 1983-199011 Nov 2016£265,000307.69%
31 Jul 1995£65,000First Sale
2 MERE CLOSEDetached, FreeholdArea: 92.04 Sq.mtrAge: 1983-199011 Nov 2015£180,00021.62%
18 Jul 2003£148,000First Sale
4 MERE CLOSEDetached, FreeholdArea: 71.24 Sq.mtrAge: 1976-198210 Nov 2015£160,00018.52%
23 Jun 2005£135,000First Sale
9 MERE CLOSEDetached, FreeholdArea: 90 Sq.mtrAge: 1983-199007 Feb 2014£160,00016.79%
17 Oct 2008£137,000First Sale
15 MERE CLOSESemi-Detached, FreeholdArea: 98.4 Sq.mtrAge: 1976-198207 Oct 2011£162,500First Sale
21 MERE CLOSETerraced, FreeholdArea: 84.222 Sq.mtrAge: 1983-199019 Jan 2011£146,000123.14%
17 Dec 2003£65,430First Sale
26 MERE CLOSESemi-Detached, Freehold15 Aug 2007£70,000-46.13%
30 Aug 2002£129,950First Sale
25 MERE CLOSEDetached, FreeholdArea: 88 Sq.mtrAge: 1983-199013 Apr 2007£177,000First Sale
1 MERE CLOSEDetached, Freehold18 Mar 2005£184,50015.31%
20 Aug 2004£160,00014.29%
10 Dec 2003£140,00066.67%
19 Jan 2001£84,000First Sale
27 MERE CLOSESemi-Detached, Freehold25 Apr 2002£105,000First Sale
8 MERE CLOSEDetached, Freehold18 Dec 1998£78,00018.18%
03 Jan 1995£66,000First Sale
6 MERE CLOSESemi-Detached, Freehold30 Jan 1998£30,000-50.00%
24 May 1996£60,000First Sale
20 MERE CLOSEDetached, Freehold14 Jul 1995£59,950First Sale

Check out the sold house prices near the IP25 7HS postcode. Properties currently for saleProperties currently for rent

MERE CLOSE, IP25 7HS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP25 7HS 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 IP25 7HS postcode.

  • Detached
    • The average price is around £235,260 median price is £194,000 Standard Deviation is £198,666 with Total Sold: 247
    • The Last 5 Year average price is £427,249 with Total Sold: 40
    • The most recent sale happened at this postcode is , 32 BELL LANE: £490,000 (Sold on 18 Jun 2024)
    • The first recorded sale happened at this postcode is , 8 MERE CLOSE: £66,000 (Sold on 03 Jan 1995)
  • Terraced
    • The average price is around £110,012 median price is £105,000 Standard Deviation is £74,883 with Total Sold: 32
    • The Last 5 Year average price is £220,375 with Total Sold: 4
    • The most recent sale happened at this postcode is , 27 RICHMOND ROAD: £195,000 (Sold on 08 Dec 2023)
    • The first recorded sale happened at this postcode is , 26 RICHMOND ROAD: £23,500 (Sold on 31 Jul 1995)
  • Semi-Detached
    • The average price is around £170,953 median price is £161,750 Standard Deviation is £104,039 with Total Sold: 72
    • The Last 5 Year average price is £328,857 with Total Sold: 7
    • The most recent sale happened at this postcode is , 21 BELL LANE: £405,000 (Sold on 24 Jul 2023)
    • The first recorded sale happened at this postcode is , 3 RICHMOND ROAD: £95,000 (Sold on 09 May 1996)
  • Other
    • The average price is around £564,000 median price is £400,000 Standard Deviation is £456,655 with Total Sold: 5
    • The Last 5 Year average price is £843,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , 5 RICHMOND ROAD: £1,350,000 (Sold on 16 Dec 2020)
    • The first recorded sale happened at this postcode is , 96B RICHMOND ROAD: £135,000 (Sold on 07 Mar 2018)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£551,667 £2,679 3
2023£788,750 £3,657 4
2022£343,000 £3,448 5
2021£470,042 £3,304 12
2020£328,681 £2,535 8
2019£286,875 £2,411 8
2018£293,667 £2,567 12
2017£314,312 £2,503 16
2016£320,889 £2,144 9
2015£313,035 £2,489 13
2014£240,950 £2,322 10
2013£266,800 £1,923 5
2012£227,500 £2,278 2
2011£235,000 £1,722 6
2010£190,000 £2,160 4
2009£226,600 £2,251 5
2008£186,500 £1,569 4
2007£230,312 £2,335 12
2006£215,695 £1,721 10
2005£207,562 £1,574 8
2004£218,484 £1,564 11
2003£196,600 £2,042 5
2002£152,600 £1,418 5
2001£135,723 £1,319 11
2000£96,146 £496 6
1999£115,185 £1,057 11
1998£78,687 £1,000 15
1997£81,984 £956 15
1996£70,699 £828 5
1995£61,493 £558 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£176,250 £2,399 2
2020£159,000 £2,409 1
2019£370,000 £2,675 1
2017£162,0001
2015£266,500 £1,687 1
2014£119,000 £1,959 1
2013£123,000 £1,809 1
2011£135,333 £1,783 3
2009£119,250 £1,591 2
2007£138,500 £2,037 1
2006£110,0001
2004£150,000 £1,585 2
2003£82,715 £1,124 2
2002£74,500 £1,202 1
2001£73,475 £706 2
2000£82,000 £593 1
1999£57,500 £528 1
1997£32,833 £456 3
1996£28,667 £315 3
1995£32,250 £342 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£405,000 £2,196 1
2022£220,000 £3,242 2
2021£330,000 £3,254 2
2020£400,000 £1,702 1
2019£397,000 £2,836 1
2018£271,833 £2,034 3
2017£269,000 £2,283 5
2016£169,000 £2,347 1
2015£251,000 £1,793 3
2014£183,000 £1,897 4
2013£194,000 £2,301 2
2012£195,000 £1,893 1
2011£188,100 £1,531 5
2010£160,000 £2,441 1
2009£155,0001
2008£222,000 £1,586 1
2007£173,625 £2,216 4
2006£145,000 £1,818 2
2005£293,0002
2004£164,9501
2003£128,200 £1,161 5
2002£116,030 £866 5
2001£69,750 £758 4
2000£70,0001
1999£82,000 £796 1
1998£49,167 £485 3
1997£55,357 £597 7
1996£69,667 £496 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£875,0002
2019£780,000 £2,690 1
2018£145,0002

House Type in IP25 7HS area

The most common house types in the IP25 7HS postcode area are Detached (93), Semi-detached (33), and Terraced (15).

Total142
Detached93
Semi-detached33
Terraced15
converted building1
Flat0
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (76), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright76
Owned: Owns with a mortgage or loan33
Private rented: Private landlord or letting agency16
Social rented: Other social rented12
Private rented: Other private rented7
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 IP25 7HS have 2 people in household (69), and 1 person in household (37).

2 people in household69
1 person in household37
3 people in household21
4 people in household12
5 people in household4
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0