Housing Market Analysis for MARTIN CLOSE, IP28 7LQ

Are you looking to understand IP28 7LQ 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 7LQ area, explore the IP28 7LQ Area information page.
For comprehensive crime statistics in the IP28 7LQ area, explore the IP28 7LQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP28 7LQ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £158,769 median price is £147,000 Standard Deviation is £46,766 with Total Sold: 13
    • The most recent sale happened at this postcode is 4 MARTIN CLOSE: £250,000 (Sold on 25 Nov 2016)
    • The first recorded sale happened at this postcode is 3 MARTIN CLOSE: £80,500 (Sold on 26 Jun 1998)
  • Semi-Detached
    • The average price is around £140,999 median price is £150,000 Standard Deviation is £35,818 with Total Sold: 4
    • The most recent sale happened at this postcode is 6 MARTIN CLOSE: £160,000 (Sold on 31 Aug 2012)
    • The first recorded sale happened at this postcode is 6 MARTIN CLOSE: £84,000 (Sold on 19 Oct 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average IP28 7LQ 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
2016£250,000 £1,337 1
2015£215,000 £1,828 1
2008£150,000 £1,273 1
2007£206,000 £1,752 1
2006£162,500 £1,562 2
2004£182,500 £976 1
2003£132,0001
2002£140,667 £1,041 3
2001£101,000 £857 1
1998£80,500 £685 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£160,000 £1,468 1
2008£179,995 £1,652 1
2002£140,000 £1,285 1
1999£84,000 £771 1

All the Sales in the MARTIN CLOSE, IP28 7LQ

See the table below for more details on the sold house prices in the IP28 7LQ, West Suffolk postcode.

AddressSold DatePrice% Change
4 MARTIN CLOSEDetached, FreeholdArea: 187 Sq.mtrAge: 1991-199525 Nov 2016£250,00036.99%
19 Aug 2004£182,50024.15%
05 Dec 2002£147,000First Sale
3 MARTIN CLOSEDetached, FreeholdArea: 117.6 Sq.mtrAge: 1976-198202 Dec 2015£215,0004.37%
30 Mar 2007£206,00047.14%
29 May 2002£140,00073.91%
26 Jun 1998£80,500First Sale
6 MARTIN CLOSESemi-Detached, FreeholdArea: 108.98 Sq.mtrAge: 1967-197531 Aug 2012£160,000-11.11%
28 Mar 2008£179,99528.57%
06 Sep 2002£140,00066.67%
19 Oct 1999£84,000First Sale
7 MARTIN CLOSEDetached, FreeholdArea: 117.86 Sq.mtrAge: 1967-197519 Sep 2008£150,00011.11%
15 Nov 2002£135,00033.66%
22 Jan 2001£101,000First Sale
2 MARTIN CLOSEDetached, FreeholdArea: 104 Sq.mtrAge: 1950-196620 Nov 2006£200,00060.00%
23 Jun 2006£125,000First Sale
1 MARTIN CLOSEDetached, Freehold17 Jan 2003£132,000First Sale

Check out the sold house prices near the IP28 7LQ postcode. Properties currently for saleProperties currently for rent

MARTIN CLOSE, IP28 7LQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP28 7LQ 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 7LQ postcode.

  • Detached
    • The average price is around £190,379 median price is £180,500 Standard Deviation is £108,869 with Total Sold: 284
    • The Last 5 Year average price is £330,549 with Total Sold: 35
    • The most recent sale happened at this postcode is , 4 OSPREY CLOSE: £575,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 7 SANDERLING CLOSE: £49,750 (Sold on 09 Mar 1995)
  • Semi-Detached
    • The average price is around £140,621 median price is £144,000 Standard Deviation is £67,524 with Total Sold: 377
    • The Last 5 Year average price is £238,746 with Total Sold: 53
    • The most recent sale happened at this postcode is , 48 RAVEN CLOSE: £230,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 2 CHESTNUT CLOSE: £51,500 (Sold on 26 Jan 1995)
  • Flat
    • The average price is around £79,238 median price is £82,500 Standard Deviation is £32,567 with Total Sold: 106
    • The Last 5 Year average price is £124,633 with Total Sold: 15
    • The most recent sale happened at this postcode is , 6C KINGSWAY: £120,000 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is , 31 LAPWING COURT: £33,950 (Sold on 22 Mar 1995)
  • Terraced
    • The average price is around £108,614 median price is £104,000 Standard Deviation is £58,384 with Total Sold: 303
    • The Last 5 Year average price is £175,457 with Total Sold: 43
    • The most recent sale happened at this postcode is , 2 PETERHOUSE CLOSE: £173,000 (Sold on 03 May 2024)
    • The first recorded sale happened at this postcode is , 63 PETERHOUSE CLOSE: £12,400 (Sold on 16 Jan 1995)
  • Other
    • The average price is around £265,263 median price is £180,000 Standard Deviation is £253,473 with Total Sold: 19
    • The Last 5 Year average price is £343,850 with Total Sold: 10
    • The most recent sale happened at this postcode is , 33 MARKET PLACE: £75,000 (Sold on 19 Dec 2023)
    • The first recorded sale happened at this postcode is , 11 MARKET PLACE: £11,000 (Sold on 27 Apr 2015)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£405,0003
2023£325,000 £3,199 6
2022£341,286 £3,637 8
2021£311,825 £3,016 6
2020£293,000 £2,741 4
2019£328,874 £2,729 8
2018£327,357 £2,521 7
2017£276,611 £2,758 9
2016£246,600 £2,315 10
2015£220,571 £2,248 7
2014£256,167 £2,303 9
2013£190,450 £1,888 10
2012£172,492 £1,551 6
2011£202,700 £1,722 10
2010£185,000 £1,681 6
2009£201,750 £1,798 4
2008£221,312 £2,514 8
2007£207,222 £1,971 9
2006£193,769 £1,843 13
2005£188,324 £2,111 8
2004£202,368 £1,797 25
2003£213,469 £2,688 16
2002£132,679 £1,154 14
2001£111,182 £1,272 11
2000£115,495 £1,103 10
1999£91,685 £1,101 13
1998£79,775 £733 16
1997£61,226 £552 13
1996£64,714 £680 7
1995£53,750 £560 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£197,5002
2023£243,667 £3,663 12
2022£264,310 £2,605 5
2021£247,409 £2,890 11
2020£227,056 £3,003 9
2019£232,000 £2,618 14
2018£237,167 £2,349 6
2017£204,188 £2,679 8
2016£197,056 £2,352 17
2015£181,496 £2,145 13
2014£178,903 £1,902 13
2013£164,600 £2,030 5
2012£162,944 £1,744 9
2011£144,033 £1,641 10
2010£144,786 £1,945 7
2009£145,083 £1,651 6
2008£175,562 £2,129 8
2007£153,934 £1,723 19
2006£156,006 £1,833 16
2005£148,523 £1,875 11
2004£143,027 £1,639 18
2003£133,700 £1,547 15
2002£109,621 £1,258 19
2001£86,553 £898 18
2000£82,647 £835 20
1999£72,480 £762 22
1998£65,131 £648 20
1997£57,615 £657 13
1996£52,584 £510 16
1995£55,653 £604 15
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£132,7504
2022£135,000 £3,812 2
2021£129,875 £3,261 4
2019£109,800 £2,991 5
2018£128,500 £3,075 2
2017£105,000 £3,120 6
2016£73,000 £2,429 2
2015£96,529 £2,373 7
2014£80,600 £2,000 5
2013£76,100 £1,682 2
2011£107,500 £1,928 2
2010£75,000 £1,974 1
2008£86,500 £2,137 2
2007£95,750 £2,149 5
2006£89,000 £2,021 5
2005£76,500 £2,049 2
2004£84,112 £1,833 13
2003£56,328 £1,392 9
2002£54,361 £1,435 4
2001£43,500 £1,080 7
2000£35,783 £979 6
1999£36,017 £966 6
1998£34,250 £835 2
1997£35,250 £678 2
1995£33,950 £1,064 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£204,0002
2023£175,400 £2,542 5
2022£201,572 £2,640 9
2021£167,062 £2,391 16
2020£128,167 £2,884 3
2019£173,500 £2,498 8
2018£158,750 £3,000 4
2017£160,063 £2,405 8
2016£153,115 £1,789 13
2015£139,923 £1,718 13
2014£119,607 £2,004 7
2013£129,166 £1,569 6
2012£123,000 £1,645 7
2011£97,799 £1,973 5
2010£91,167 £1,246 3
2009£93,667 £1,193 6
2008£120,933 £1,474 3
2007£124,897 £2,037 16
2006£121,045 £1,908 22
2005£119,823 £1,805 13
2004£118,104 £1,807 30
2003£84,396 £1,696 10
2002£78,928 £1,133 10
2001£64,357 £1,152 15
2000£49,000 £844 6
1999£43,411 £961 14
1998£57,444 £889 18
1997£42,267 £484 9
1996£38,185 £595 13
1995£34,067 £577 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£575,0003
2021£278,750 £4,175 4
2020£68,250 £1,225 2
2019£462,000 £2,179 1
2018£125,517 £3,025 6
2017£507,4001
2015£170,5002

House Type in IP28 7LQ area

The most common house types in the IP28 7LQ postcode area are Semi-detached (69), Detached (45), and Terraced (14).

Total138
Semi-detached69
Detached45
Terraced14
Flat9
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (55), and Owned: Owns with a mortgage or loan (48).

Owned: Owns outright55
Owned: Owns with a mortgage or loan48
Private rented: Private landlord or letting agency33
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IP28 7LQ have 2 people in household (52), and 1 person in household (48).

2 people in household52
1 person in household48
3 people in household17
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