Housing Market Analysis for ELDON LANE, IP28 8LZ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £362,600 median price is £390,000 Standard Deviation is £181,533 with Total Sold: 5
    • The Last 5 Year average price is £455,000 with Total Sold: 2
    • The most recent sale happened at this postcode is SAXONY ELDON LANE: £520,000 (Sold on 16 Sep 2022)
    • The first recorded sale happened at this postcode is SAXONY ELDON LANE: £87,000 (Sold on 26 Mar 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average IP28 8LZ 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
2022£455,000 £2,857 2
2018£236,000 £1,601 1
2014£580,000 £3,657 1
1999£87,000 £478 1

All the Sales in the ELDON LANE, IP28 8LZ

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

AddressSold DatePrice% Change
SAXONY ELDON LANEDetached, FreeholdArea: 182 Sq.mtrAge: 1950-196616 Sep 2022£520,000497.70%
26 Mar 1999£87,000First Sale
HOLYWELL HOUSE ELDON LANEDetached, Freehold22 Jul 2022£390,000First Sale
2 ELDON LANEDetached, FreeholdArea: 147.37 Sq.mtrAge: 1983-199031 Aug 2018£236,000First Sale
GAMEKEEPERS COTTAGE ELDON LANEDetached, FreeholdArea: 158.62 Sq.mtrAge: 1983-199028 Apr 2014£580,000First Sale

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

ELDON LANE, IP28 8LZ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £235,292 median price is £232,500 Standard Deviation is £140,710 with Total Sold: 46
    • The Last 5 Year average price is £432,000 with Total Sold: 7
    • The most recent sale happened at this postcode is , 42 THE STREET: £525,000 (Sold on 05 Jan 2023)
    • The first recorded sale happened at this postcode is , GREEN LEYS THE STREET: £37,000 (Sold on 12 Apr 1995)
  • Semi-Detached
    • The average price is around £157,247 median price is £159,500 Standard Deviation is £75,223 with Total Sold: 32
    • The Last 5 Year average price is £262,362 with Total Sold: 4
    • The most recent sale happened at this postcode is , 31A THE STREET: £349,950 (Sold on 25 Nov 2022)
    • The first recorded sale happened at this postcode is , 5 MILDENHALL ROAD: £45,000 (Sold on 28 Apr 1995)
  • Terraced
    • The average price is around £95,000 median price is £91,000 Standard Deviation is £32,424 with Total Sold: 6
    • The most recent sale happened at this postcode is , 2 ERISWELL ROAD: £150,000 (Sold on 19 Jul 2013)
    • The first recorded sale happened at this postcode is , 2 ERISWELL ROAD: £58,000 (Sold on 22 Aug 1997)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£525,000 £4,412 1
2022£444,750 £3,401 4
2020£370,000 £2,721 1
2019£350,000 £3,347 1
2018£215,500 £1,942 2
2016£276,500 £2,095 1
2015£385,000 £2,437 1
2014£402,000 £2,408 3
2012£300,000 £2,373 2
2011£176,000 £2,061 1
2010£228,500 £1,905 2
2009£225,000 £2,941 2
2007£277,667 £1,849 3
2006£250,000 £1,847 3
2005£237,500 £1,962 2
2003£191,317 £1,682 3
2002£187,500 £2,247 2
2001£133,000 £943 1
2000£69,9991
1999£65,000 £491 2
1998£75,000 £674 3
1997£94,0001
1996£47,000 £618 2
1995£32,5002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£349,950 £2,892 1
2020£222,500 £2,480 1
2019£238,500 £2,259 2
2015£270,000 £1,625 1
2014£192,500 £1,385 1
2010£185,000 £1,695 1
2008£206,000 £1,962 1
2006£213,488 £1,600 4
2004£184,5001
2003£189,750 £1,593 2
2002£148,417 £1,276 6
2001£102,4982
2000£82,0001
1999£87,0001
1998£77,6673
1996£85,0001
1995£42,833 £500 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£150,000 £1,674 1
2011£87,0001
2006£120,000 £1,339 1
2000£95,000 £1,060 1
1999£60,000 £670 1
1997£58,000 £647 1

House Type in IP28 8LZ area

The most common house types in the IP28 8LZ postcode area are Detached (151), Semi-detached (20), and Terraced (3).

Total178
Detached151
Semi-detached20
Terraced3
temporary structure3
converted building1
Flat0
Shared house0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Other private rented (64), and Owned: Owns outright (62).

Private rented: Other private rented64
Owned: Owns outright62
Private rented: Private landlord or letting agency27
Owned: Owns with a mortgage or loan23
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the IP28 8LZ have 1 person in household (78), and 2 people in household (61).

1 person in household78
2 people in household61
3 people in household18
4 people in household13
5 people in household6
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0