Housing Market Analysis for OAK CLOSE, IP28 6BY

Are you looking to understand IP28 6BY 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 IP28 6BY area, explore the IP28 6BY Area information page.
For comprehensive crime statistics in the IP28 6BY area, explore the IP28 6BY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP28 6BY postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £59,806 median price is £55,000 Standard Deviation is £40,186 with Total Sold: 18
    • The Last 5 Year average price is £139,375 with Total Sold: 2
    • The most recent sale happened at this postcode is 7 OAK CLOSE: £175,000 (Sold on 18 Jan 2023)
    • The first recorded sale happened at this postcode is 31 OAK CLOSE: £23,750 (Sold on 17 May 1996)
  • Flat
    • The average price is around £51,702 median price is £52,500 Standard Deviation is £15,433 with Total Sold: 21
    • The Last 5 Year average price is £69,375 with Total Sold: 2
    • The most recent sale happened at this postcode is 32 OAK CLOSE: £71,250 (Sold on 20 Sep 2022)
    • The first recorded sale happened at this postcode is 26 OAK CLOSE: £15,000 (Sold on 27 Mar 1998)
  • Terraced
    • The average price is around £41,500 median price is £42,500 Standard Deviation is £21,241 with Total Sold: 3
    • The most recent sale happened at this postcode is 33 OAK CLOSE: £67,000 (Sold on 09 Apr 2009)
    • The first recorded sale happened at this postcode is 30 OAK CLOSE: £15,000 (Sold on 09 Oct 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IP28 6BY 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
2023£175,000 £2,628 1
2020£103,750 £1,878 1
2014£124,000 £2,255 1
2009£70,500 £1,195 4
2007£55,000 £1,442 1
2005£57,500 £1,236 2
2003£55,000 £996 1
2000£21,000 £551 1
1998£25,833 £473 3
1997£22,250 £397 2
1996£23,7501
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£71,250 £1,869 1
2019£67,500 £1,795 1
2018£70,667 £2,119 3
2016£61,500 £2,365 1
2015£61,250 £1,553 2
2013£47,500 £1,246 1
2012£47,500 £1,319 1
2011£52,500 £1,284 1
2010£48,000 £1,304 2
2007£52,500 £1,458 1
2006£51,250 £1,309 2
2005£45,000 £1,250 1
2003£35,750 £1,153 2
2000£21,000 £513 1
1998£15,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£67,000 £1,218 1
2003£42,500 £1,635 1
1998£15,000 £577 1

All the Sales in the OAK CLOSE, IP28 6BY

See the table below for more details on the sold house prices in the IP28 6BY, West Suffolk postcode.

AddressSold DatePrice% Change
7 OAK CLOSESemi-Detached, LeaseholdArea: 66.6 Sq.mtrAge: 1991-199518 Jan 2023£175,000133.33%
23 Dec 2009£75,000First Sale
32 OAK CLOSEFlat, LeaseholdArea: 38.13 Sq.mtrAge: 1983-199020 Sep 2022£71,2502.52%
05 Apr 2018£69,50011.20%
20 Nov 2015£62,50031.58%
01 Mar 2013£47,500-13.64%
27 Nov 2007£55,00010.00%
29 Apr 2005£50,000138.10%
07 Dec 2000£21,000First Sale
40 OAK CLOSESemi-Detached, LeaseholdArea: 55.24 Sq.mtrAge: 1991-199528 Feb 2020£103,75050.36%
30 Apr 2009£69,00025.45%
24 Jun 2003£55,000134.04%
28 Feb 1997£23,500First Sale
24 OAK CLOSEFlat, LeaseholdArea: 37.6 Sq.mtrAge: 1983-199002 Aug 2019£67,50037.76%
05 Feb 2010£49,000-6.67%
15 Sep 2006£52,500First Sale
30 OAK CLOSEFlat, LeaseholdArea: 26 Sq.mtrAge: 1983-199003 Sep 2018£75,00021.95%
24 Aug 2016£61,50044.71%
30 Sep 2003£42,500183.33%
09 Oct 1998£15,000First Sale
18 OAK CLOSEFlat, LeaseholdArea: 40.9 Sq.mtrAge: 1991-199509 Mar 2018£67,50012.50%
27 Aug 2015£60,00014.29%
23 Sep 2011£52,5005.00%
10 Feb 2006£50,000138.10%
06 Nov 2000£21,000First Sale
33 OAK CLOSESemi-Detached, LeaseholdArea: 55 Sq.mtrAge: 1991-199528 Oct 2014£124,00085.07%
09 Apr 2009£67,000First Sale
28 OAK CLOSEFlat, LeaseholdArea: 36 Sq.mtrAge: 1991-199507 Dec 2012£47,5001.06%
28 May 2010£47,000-10.48%
02 Nov 2007£52,50016.67%
21 Jun 2005£45,0008.43%
04 Apr 2003£41,500First Sale
34 OAK CLOSESemi-Detached, LeaseholdArea: 57 Sq.mtrAge: 1976-198221 Oct 2009£69,000228.57%
03 Jan 1997£21,000First Sale
31 OAK CLOSESemi-Detached, Leasehold30 Jan 2009£69,000190.53%
17 May 1996£23,750First Sale
38 OAK CLOSESemi-Detached, LeaseholdArea: 56 Sq.mtrAge: 1991-199503 Nov 2005£65,000145.28%
30 Oct 1998£26,500First Sale
20 OAK CLOSEFlat, Leasehold31 Jan 2003£30,000First Sale
29 OAK CLOSESemi-Detached, Leasehold23 Oct 1998£25,000First Sale
23 OAK CLOSESemi-Detached, Leasehold01 Oct 1998£26,000First Sale
26 OAK CLOSEFlat, Leasehold27 Mar 1998£15,000First Sale

Check out the sold house prices near the IP28 6BY postcode. Properties currently for saleProperties currently for rent

OAK CLOSE, IP28 6BY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP28 6BY 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 IP28 6BY postcode.

  • Detached
    • The average price is around £290,762 median price is £246,125 Standard Deviation is £189,320 with Total Sold: 214
    • The Last 5 Year average price is £492,848 with Total Sold: 33
    • The most recent sale happened at this postcode is , 38 BIRKDALE COURT: £470,000 (Sold on 23 Jul 2024)
    • The first recorded sale happened at this postcode is , 11 BIRKDALE COURT: £131,000 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £109,614 median price is £74,000 Standard Deviation is £91,070 with Total Sold: 35
    • The Last 5 Year average price is £226,250 with Total Sold: 3
    • The most recent sale happened at this postcode is , 7 OAK CLOSE: £175,000 (Sold on 18 Jan 2023)
    • The first recorded sale happened at this postcode is , 31 OAK CLOSE: £23,750 (Sold on 17 May 1996)
  • Flat
    • The average price is around £92,988 median price is £62,000 Standard Deviation is £69,279 with Total Sold: 44
    • The Last 5 Year average price is £142,917 with Total Sold: 3
    • The most recent sale happened at this postcode is , 32 OAK CLOSE: £71,250 (Sold on 20 Sep 2022)
    • The first recorded sale happened at this postcode is 6, LARK VALLEY COURT LARK VALLEY DRIVE: £44,000 (Sold on 27 Sep 1996)
  • Terraced
    • The average price is around £122,500 median price is £87,500 Standard Deviation is £113,035 with Total Sold: 8
    • The most recent sale happened at this postcode is , 5 CULFORD ROAD: £400,000 (Sold on 29 Mar 2018)
    • The first recorded sale happened at this postcode is , 30 OAK CLOSE: £15,000 (Sold on 09 Oct 1998)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£450,6673
2023£502,500 £4,842 7
2022£717,143 £4,260 7
2021£364,000 £4,065 5
2020£435,400 £3,380 5
2019£396,250 £3,398 6
2018£380,714 £4,212 7
2017£372,388 £3,298 8
2016£348,333 £3,148 3
2015£429,208 £3,212 6
2014£330,550 £3,092 10
2013£326,821 £2,329 7
2012£426,990 £2,899 5
2011£212,500 £2,153 1
2010£325,000 £2,270 9
2009£299,187 £2,351 8
2008£371,667 £1,941 3
2007£531,991 £2,224 6
2006£278,143 £1,731 7
2005£359,833 £2,541 3
2004£273,714 £2,013 7
2003£266,000 £1,785 5
2002£221,557 £1,674 13
2001£190,229 £1,450 17
2000£165,806 £1,335 8
1999£108,219 £1,311 8
1998£112,491 £1,013 11
1997£114,260 £960 15
1996£102,944 £810 9
1995£134,400 £820 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£175,000 £2,628 1
2022£400,000 £3,922 1
2020£103,750 £1,878 1
2018£330,000 £3,000 1
2015£189,000 £3,277 2
2014£124,000 £2,255 1
2009£87,400 £1,421 5
2007£124,998 £1,442 2
2006£246,000 £1,576 1
2005£134,250 £1,236 4
2004£100,000 £1,099 1
2003£80,500 £1,177 2
2000£46,500 £551 2
1999£89,000 £873 1
1998£25,833 £473 3
1997£54,375 £410 4
1996£39,2503
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£71,250 £1,869 1
2020£290,000 £2,824 1
2019£67,500 £1,795 1
2018£125,500 £2,295 4
2016£61,500 £2,365 1
2015£123,250 £1,966 4
2013£130,833 £1,615 3
2012£156,250 £1,812 2
2011£52,500 £1,284 1
2010£75,500 £1,659 3
2009£80,000 £1,523 1
2008£125,000 £1,562 1
2007£52,500 £1,458 1
2006£75,833 £1,666 3
2005£117,500 £1,963 2
2004£136,000 £1,889 1
2003£63,167 £1,496 3
2001£64,000 £1,034 2
2000£67,000 £842 3
1999£45,248 £678 3
1998£34,000 £1,009 2
1996£44,000 £710 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£400,000 £2,484 1
2010£120,500 £2,678 1
2009£67,000 £1,218 1
2006£100,000 £2,222 1
2004£160,000 £994 1
2003£42,500 £1,635 1
2002£75,000 £1,667 1
1998£15,000 £577 1

House Type in IP28 6BY area

The most common house types in the IP28 6BY postcode area are Detached (56), Semi-detached (45), and Flat (17).

Total132
Detached56
Semi-detached45
Flat17
Terraced13
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (44), and Social rented: Other social rented (33).

Owned: Owns outright44
Social rented: Other social rented33
Shared ownership: Shared ownership19
Owned: Owns with a mortgage or loan16
Social rented: Rents from council or Local Authority10
Private rented: Private landlord or letting agency7
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP28 6BY have 2 people in household (48), and 1 person in household (42).

2 people in household48
1 person in household42
3 people in household21
4 people in household16
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0