Housing Market Analysis for CAKE STREET CLOSE, IP28 8EJ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £185,143 median price is £208,000 Standard Deviation is £61,538 with Total Sold: 7
    • The most recent sale happened at this postcode is 2 CAKE STREET CLOSE: £280,000 (Sold on 01 Jul 2016)
    • The first recorded sale happened at this postcode is 2 CAKE STREET CLOSE: £90,000 (Sold on 05 Jan 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IP28 8EJ 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£280,000 £2,414 1
2009£208,0001
2005£222,0001
2003£225,000 £1,940 1
2001£141,000 £934 1
2000£130,0001
1996£90,000 £776 1

All the Sales in the CAKE STREET CLOSE, IP28 8EJ

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

AddressSold DatePrice% Change
2 CAKE STREET CLOSEDetached, FreeholdArea: 116 Sq.mtrAge: 1983-199001 Jul 2016£280,00024.44%
11 Jun 2003£225,000150.00%
05 Jan 1996£90,000First Sale
3 CAKE STREET CLOSEDetached, Freehold30 Apr 2009£208,00060.00%
29 Dec 2000£130,000First Sale
4 CAKE STREET CLOSEDetached, Freehold01 Jul 2005£222,000First Sale
1 CAKE STREET CLOSEDetached, FreeholdArea: 151 Sq.mtrAge: 1976-198226 Jul 2001£141,000First Sale

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

CAKE STREET CLOSE, IP28 8EJ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £173,686 median price is £166,500 Standard Deviation is £89,695 with Total Sold: 207
    • The Last 5 Year average price is £314,369 with Total Sold: 23
    • The most recent sale happened at this postcode is , 1 TITHE AVENUE: £360,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 52B THE STREET: £63,000 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £131,001 median price is £128,250 Standard Deviation is £65,957 with Total Sold: 168
    • The Last 5 Year average price is £243,858 with Total Sold: 24
    • The most recent sale happened at this postcode is , 86 LAMBLE CLOSE: £250,000 (Sold on 22 Mar 2024)
    • The first recorded sale happened at this postcode is , 28 CLEMENTS WAY: £25,000 (Sold on 13 Feb 1995)
  • Terraced
    • The average price is around £126,280 median price is £119,125 Standard Deviation is £60,560 with Total Sold: 74
    • The Last 5 Year average price is £196,692 with Total Sold: 13
    • The most recent sale happened at this postcode is , 45 TITHE AVENUE: £190,000 (Sold on 26 Feb 2024)
    • The first recorded sale happened at this postcode is , 30 TITHE AVENUE: £36,000 (Sold on 07 Aug 1995)
  • Other
    • The average price is around £187,549 median price is £169,748 Standard Deviation is £112,898 with Total Sold: 6
    • The Last 5 Year average price is £231,323 with Total Sold: 4
    • The most recent sale happened at this postcode is , PLOTS 31 - 35 LAMBLE CLOSE: £239,497 (Sold on 19 Sep 2023)
    • The first recorded sale happened at this postcode is , 1 QUEENS CLOSE: £100,000 (Sold on 14 Dec 2018)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£360,0001
2023£287,000 £2,905 3
2022£326,999 £3,635 5
2021£319,389 £3,031 9
2020£300,000 £2,568 5
2019£315,300 £2,002 5
2018£230,625 £2,373 4
2017£255,000 £2,125 1
2016£257,191 £2,327 7
2015£210,000 £2,092 11
2014£205,223 £2,088 11
2013£182,812 £1,523 4
2012£210,000 £2,603 2
2011£179,738 £1,653 4
2010£173,333 £1,728 6
2009£157,167 £1,815 6
2008£199,875 £1,475 8
2007£188,688 £1,582 8
2006£199,667 £1,659 6
2005£179,100 £1,805 10
2004£187,375 £1,635 4
2003£186,167 £1,580 9
2002£155,550 £1,304 10
2001£114,278 £1,006 9
2000£103,157 £930 7
1999£77,069 £744 13
1998£90,681 £688 8
1997£72,127 £690 15
1996£76,992 £696 6
1995£64,765 £650 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£250,0001
2023£246,100 £2,860 5
2022£220,033 £3,671 3
2021£269,800 £1,942 5
2020£236,300 £2,241 10
2019£187,000 £2,365 3
2018£181,250 £2,056 4
2017£185,500 £2,174 4
2016£168,750 £1,867 4
2015£141,333 £2,153 6
2014£141,658 £1,647 6
2013£132,416 £1,642 6
2012£135,667 £1,560 3
2011£142,749 £1,750 6
2010£135,000 £1,565 1
2009£143,000 £1,959 1
2008£146,750 £1,543 4
2007£139,500 £1,785 12
2006£123,133 £1,477 9
2005£138,999 £1,797 8
2004£146,500 £1,200 3
2003£98,752 £1,079 12
2002£91,369 £1,406 8
2001£77,742 £699 6
2000£59,036 £769 7
1999£62,175 £655 8
1998£50,891 £635 9
1997£53,471 £613 7
1996£57,012 £577 4
1995£48,167 £306 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£196,500 £2,216 2
2023£185,000 £2,297 2
2022£217,000 £2,411 1
2021£188,250 £2,046 4
2020£206,000 £2,572 4
2018£157,750 £1,698 6
2017£161,500 £2,001 2
2014£175,850 £1,563 5
2013£114,667 £1,305 3
2011£121,000 £1,344 3
2010£91,000 £1,018 1
2009£79,000 £878 1
2008£180,000 £2,143 1
2007£153,100 £1,712 5
2006£140,667 £1,461 3
2005£128,000 £1,558 2
2004£150,000 £1,500 1
2003£121,700 £1,303 5
2002£79,167 £1,271 3
2001£68,165 £718 3
2000£72,875 £895 4
1999£47,500 £461 2
1998£48,333 £613 3
1997£56,167 £615 3
1996£53,750 £572 2
1995£43,500 £403 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£287,3962
2021£310,000 £2,348 1
2020£40,500 £675 1
2018£100,000 £829 2

House Type in IP28 8EJ area

The most common house types in the IP28 8EJ postcode area are Detached (105), Semi-detached (38), and Terraced (4).

Total148
Detached105
Semi-detached38
Terraced4
Flat1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (57), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright57
Owned: Owns with a mortgage or loan51
Private rented: Private landlord or letting agency29
Social rented: Other social rented5
Private rented: Other private rented5
Social rented: Rents from council or Local Authority2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP28 8EJ have 2 people in household (61), and 1 person in household (33).

2 people in household61
1 person in household33
4 people in household25
3 people in household19
5 people in household7
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0