Housing Market Analysis for IP28 8EF

Are you looking to understand IP28 8EF 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 8EF area, explore the IP28 8EF Area information page.
For comprehensive crime statistics in the IP28 8EF area, explore the IP28 8EF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP28 8EF postcode area, The average prices are as follows,

  • Other
    • The average price is around £2,022,040 median price is £2,748,620 Standard Deviation is £1,214,233 with Total Sold: 6
    • The Last 5 Year average price is £2,022,040 with Total Sold: 6
    • The most recent sale happened at this postcode is THE CHALET: £135,000 (Sold on 15 May 2023)
    • The first recorded sale happened at this postcode is THE CHALET: £3,000,000 (Sold on 28 Feb 2021)
  • Detached
    • The average price is around £303,333 median price is £190,000 Standard Deviation is £167,398 with Total Sold: 3
    • The most recent sale happened at this postcode is OLD PLOUGH & DUCK: £540,000 (Sold on 09 Aug 2017)
    • The first recorded sale happened at this postcode is OLD PLOUGH & DUCK: £180,000 (Sold on 19 May 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average IP28 8EF 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£135,000 £2,058 1
2022£2,748,6202
2021£2,166,667 £23,962 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£540,000 £2,368 1
2007£190,000 £833 1
2006£180,000 £789 1

All the Sales in the IP28 8EF

See the table below for more details on the sold house prices in the IP28 8EF, West Suffolk postcode.

AddressSold DatePrice% Change
THE CHALETOther, FreeholdArea: 65.6 Sq.mtrAge: 1950-196615 May 2023£135,000-95.50%
28 Feb 2021£3,000,000First Sale
GROSVENOR HOUSE FARMOther, Freehold15 Feb 2022£2,748,6200.0
15 Feb 2022£2,748,620-8.38%
28 Feb 2021£3,000,000First Sale
OLD PLOUGH & DUCKOther, FreeholdArea: 228 Sq.mtrAge: 2007-201117 Nov 2021£500,000-7.41%
09 Aug 2017£540,000184.21%
30 May 2007£190,0005.56%
19 May 2006£180,000First Sale

Check out the sold house prices near the IP28 8EF postcode. Properties currently for saleProperties currently for rent

IP28 8EF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP28 8EF 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 8EF postcode.

  • Other
    • The average price is around £1,876,724 median price is £2,748,620 Standard Deviation is £1,281,614 with Total Sold: 5
    • The Last 5 Year average price is £1,876,724 with Total Sold: 5
    • The most recent sale happened at this postcode is , THE CHALET : £135,000 (Sold on 15 May 2023)
    • The first recorded sale happened at this postcode is , GROSVENOR HOUSE FARM : £3,000,000 (Sold on 28 Feb 2021)
  • Detached
    • The average price is around £303,333 median price is £190,000 Standard Deviation is £167,398 with Total Sold: 3
    • The most recent sale happened at this postcode is , OLD PLOUGH & DUCK : £540,000 (Sold on 09 Aug 2017)
    • The first recorded sale happened at this postcode is , OLD PLOUGH & DUCK : £180,000 (Sold on 19 May 2006)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£135,000 £2,058 1
2022£2,748,6201
2021£2,166,667 £23,962 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£540,000 £2,368 1
2007£190,000 £833 1
2006£180,000 £789 1

House Type in IP28 8EF area

The most common house types in the IP28 8EF postcode area are Detached (87), Semi-detached (13), and Flat (5).

Total106
Detached87
Semi-detached13
Flat5
Shared house1
Terraced0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (47), and Owned: Owns with a mortgage or loan (28).

Owned: Owns outright47
Owned: Owns with a mortgage or loan28
Private rented: Private landlord or letting agency27
Social rented: Rents from council or Local Authority3
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the IP28 8EF have 2 people in household (39), and 1 person in household (25).

2 people in household39
1 person in household25
4 people in household15
3 people in household13
5 people in household8
6 people in household5
8 or more people in household1
0 people in household0
7 people in household0