Housing Market Analysis for GORSE CLOSE, IP28 8LH

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £159,618 median price is £155,000 Standard Deviation is £78,119 with Total Sold: 17
    • The Last 5 Year average price is £292,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 11 GORSE CLOSE: £264,500 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is 9 GORSE CLOSE: £57,000 (Sold on 23 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IP28 8LH 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
2021£264,500 £2,427 1
2019£320,000 £1,988 1
2018£275,000 £2,434 1
2015£230,000 £1,855 1
2014£210,000 £1,304 1
2008£178,500 £1,838 2
2006£197,500 £1,593 1
2005£155,000 £1,566 1
2001£103,3754
2000£95,000 £766 1
1999£73,000 £646 1
1997£66,0001
1995£57,0001

All the Sales in the GORSE CLOSE, IP28 8LH

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

AddressSold DatePrice% Change
11 GORSE CLOSEDetached, FreeholdArea: 109 Sq.mtrAge: 1967-197530 Jun 2021£264,500First Sale
1 GORSE CLOSEDetached, FreeholdArea: 161 Sq.mtrAge: 1967-197513 Nov 2019£320,00052.38%
11 Jun 2014£210,000First Sale
14 GORSE CLOSEDetached, FreeholdArea: 113 Sq.mtrAge: 1967-197514 Dec 2018£275,000276.71%
25 Jun 1999£73,000First Sale
12 GORSE CLOSEDetached, FreeholdArea: 124 Sq.mtrAge: 1976-198210 Dec 2015£230,00016.46%
27 Sep 2006£197,500107.89%
17 Nov 2000£95,000First Sale
4 GORSE CLOSEDetached, Freehold03 Dec 2008£175,00066.67%
05 Jul 2001£105,000First Sale
3 GORSE CLOSEDetached, FreeholdArea: 99 Sq.mtrAge: 1967-197528 Feb 2008£182,00017.42%
20 Jan 2005£155,000First Sale
10 GORSE CLOSEDetached, Freehold21 Nov 2001£119,000First Sale
9 GORSE CLOSEDetached, Freehold09 Mar 2001£95,50067.54%
23 Mar 1995£57,000First Sale
8 GORSE CLOSEDetached, Freehold28 Feb 2001£94,00042.42%
15 Dec 1997£66,000First Sale

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

GORSE CLOSE, IP28 8LH Near By properties

Interactive Map

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

  • Detached
    • The average price is around £234,608 median price is £243,250 Standard Deviation is £90,473 with Total Sold: 680
    • The Last 5 Year average price is £307,520 with Total Sold: 152
    • The most recent sale happened at this postcode is , 1 FENNEL DRIVE: £370,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 9 GORSE CLOSE: £57,000 (Sold on 23 Mar 1995)
  • Terraced
    • The average price is around £164,708 median price is £172,725 Standard Deviation is £61,996 with Total Sold: 798
    • The Last 5 Year average price is £228,402 with Total Sold: 136
    • The most recent sale happened at this postcode is , 9 LAVENDER CLOSE: £100,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 36 HEATHERSET WAY: £36,000 (Sold on 03 Jan 1995)
  • Semi-Detached
    • The average price is around £158,806 median price is £165,000 Standard Deviation is £74,545 with Total Sold: 905
    • The Last 5 Year average price is £239,467 with Total Sold: 174
    • The most recent sale happened at this postcode is , 11 LARCHWOOD ROAD: £280,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 47 CARNATION WAY: £38,500 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £137,249 median price is £134,500 Standard Deviation is £32,364 with Total Sold: 73
    • The Last 5 Year average price is £156,896 with Total Sold: 12
    • The most recent sale happened at this postcode is , 66 WINTERGREEN ROAD: £180,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 74 HUNDRED ACRE WAY: £129,995 (Sold on 31 Jul 2007)
  • Other
    • The average price is around £854,466 median price is £400,000 Standard Deviation is £1,031,396 with Total Sold: 15
    • The Last 5 Year average price is £1,026,298 with Total Sold: 5
    • The most recent sale happened at this postcode is , 11 BEECH DRIVE: £283,000 (Sold on 16 Dec 2022)
    • The first recorded sale happened at this postcode is , UNIT 3 BELLFLOWER CRESCENT: £1,800,000 (Sold on 18 Nov 2013)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£298,773 £1,864 11
2023£315,566 £3,112 19
2022£337,589 £3,191 28
2021£288,847 £2,660 44
2020£306,353 £2,671 17
2019£305,788 £3,002 33
2018£280,960 £2,982 25
2017£292,321 £2,609 26
2016£270,104 £2,521 31
2015£259,750 £2,143 36
2014£236,894 £2,256 29
2013£232,667 £2,078 32
2012£195,361 £2,031 14
2011£204,096 £1,860 13
2010£225,400 £1,909 40
2009£216,560 £1,946 47
2008£265,406 £2,232 35
2007£252,301 £2,216 38
2006£230,294 £2,349 39
2005£192,300 £2,132 13
2004£169,575 £1,419 12
2003£152,500 £1,857 6
2002£131,100 £1,347 10
2001£107,530 £1,129 15
2000£116,250 £1,069 15
1999£87,996 £850 12
1998£73,712 £699 16
1997£65,000 £575 8
1996£52,321 £540 12
1995£46,250 £575 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£230,400 £3,231 10
2023£260,688 £3,119 16
2022£255,181 £3,406 18
2021£229,398 £3,087 32
2020£202,083 £2,721 27
2019£218,104 £2,637 33
2018£206,468 £3,120 31
2017£212,291 £2,733 43
2016£196,434 £2,576 32
2015£180,229 £2,425 58
2014£171,487 £2,146 48
2013£149,711 £1,894 47
2012£154,518 £3,235 32
2011£150,383 £1,870 41
2010£161,553 £1,711 36
2009£165,767 £1,965 52
2008£184,970 £2,428 36
2007£168,812 £2,018 39
2006£138,095 £2,064 30
2005£124,167 £1,816 18
2004£112,020 £1,691 13
2003£102,136 £1,493 11
2002£76,960 £1,197 14
2001£70,818 £989 14
2000£59,350 £961 7
1999£49,146 £780 15
1998£41,082 £680 14
1997£46,524 £663 10
1996£39,458 £625 13
1995£39,681 £583 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£272,200 £2,490 5
2023£246,269 £3,083 26
2022£253,658 £3,269 26
2021£234,159 £2,919 47
2020£214,342 £2,726 27
2019£244,544 £2,941 43
2018£237,106 £2,862 42
2017£220,526 £2,769 36
2016£204,370 £2,419 39
2015£193,786 £2,417 30
2014£177,778 £2,227 54
2013£162,407 £1,928 33
2012£156,912 £2,029 28
2011£160,816 £1,854 26
2010£170,570 £1,923 38
2009£180,909 £1,991 34
2008£184,127 £2,211 21
2007£166,426 £2,154 27
2006£143,171 £2,088 28
2005£143,157 £1,812 30
2004£124,588 £1,805 17
2003£108,093 £1,396 23
2002£90,228 £1,264 18
2001£72,774 £1,015 34
2000£66,246 £982 26
1999£60,612 £781 32
1998£50,062 £671 33
1997£46,102 £653 21
1996£43,035 £567 27
1995£40,981 £595 34
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,0001
2023£184,000 £3,119 1
2022£142,750 £2,532 2
2021£160,000 £2,790 1
2020£166,375 £2,722 4
2019£135,917 £2,239 3
2018£187,833 £2,949 3
2017£164,458 £2,821 6
2016£153,234 £2,764 8
2015£141,250 £2,367 6
2014£136,831 £2,373 9
2013£111,663 £2,059 6
2012£124,498 £1,873 6
2011£145,000 £2,458 1
2010£106,106 £6,673 13
2009£105,000 £1,971 2
2007£129,995 £2,549 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£417,500 £5,616 2
2021£490,2531
2020£1,903,119 £46,405 2
2018£186,500 £597 2
2017£618,500 £20,362 5
2016£2,295,0001
2014£125,000 £812 1
2013£1,800,0001

House Type in IP28 8LH area

The most common house types in the IP28 8LH postcode area are Semi-detached (63), Detached (48), and Terraced (2).

Total114
Semi-detached63
Detached48
Terraced2
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 (45), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright45
Owned: Owns with a mortgage or loan44
Private rented: Private landlord or letting agency19
Social rented: Other social rented4
Social rented: Rents from council or Local Authority2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP28 8LH have 2 people in household (47), and 1 person in household (29).

2 people in household47
1 person in household29
4 people in household19
3 people in household14
5 people in household4
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0