Housing Market Analysis for SHORES CLOSE, IP28 8NJ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £141,000 median price is £138,000 Standard Deviation is £67,742 with Total Sold: 4
    • The Last 5 Year average price is £205,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 6 SHORES CLOSE: £230,000 (Sold on 20 Nov 2020)
    • The first recorded sale happened at this postcode is 8 SHORES CLOSE: £58,000 (Sold on 09 Sep 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average IP28 8NJ 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£205,000 £2,253 2
2009£96,000 £1,103 1
2002£58,0001

All the Sales in the SHORES CLOSE, IP28 8NJ

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

AddressSold DatePrice% Change
6 SHORES CLOSESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1991-199520 Nov 2020£230,00027.78%
07 Sep 2020£180,000First Sale
10 SHORES CLOSESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1991-199502 Mar 2009£96,000First Sale
8 SHORES CLOSESemi-Detached, Freehold09 Sep 2002£58,000First Sale

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

SHORES CLOSE, IP28 8NJ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £172,403 median price is £182,500 Standard Deviation is £77,589 with Total Sold: 31
    • The Last 5 Year average price is £243,000 with Total Sold: 6
    • The most recent sale happened at this postcode is , 6 NORTH STREET: £215,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 18 NORTH STREET: £43,000 (Sold on 23 Aug 1996)
  • Detached
    • The average price is around £335,269 median price is £277,500 Standard Deviation is £218,422 with Total Sold: 100
    • The Last 5 Year average price is £527,000 with Total Sold: 19
    • The most recent sale happened at this postcode is , ELMS FARM ELMS ROAD: £630,000 (Sold on 18 Oct 2023)
    • The first recorded sale happened at this postcode is , LINDEN HOUSE ELMS ROAD: £185,000 (Sold on 28 Jun 1996)
  • Other
    • The average price is around £853,000 median price is £682,500 Standard Deviation is £640,722 with Total Sold: 4
    • The Last 5 Year average price is £1,850,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , WOODLAND HOUSE ELMS ROAD: £1,850,000 (Sold on 08 Feb 2023)
    • The first recorded sale happened at this postcode is , ELMS FARM ELMS ROAD: £400,000 (Sold on 27 Jul 2018)
  • Flat
    • The average price is around £755,000 median price is £925,000 Standard Deviation is £295,042 with Total Sold: 3
    • The Last 5 Year average price is £962,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , FRECKENHAM HOUSE MILDENHALL ROAD: £1,000,000 (Sold on 20 Sep 2022)
    • The first recorded sale happened at this postcode is FLAT D, FRECKENHAM HOUSE MILDENHALL ROAD: £340,000 (Sold on 13 May 2010)
  • Terraced
    • The average price is around £431,667 median price is £400,000 Standard Deviation is £203,320 with Total Sold: 3
    • The Last 5 Year average price is £695,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE OLD GRANARY CHURCH LANE: £695,000 (Sold on 27 Jun 2022)
    • The first recorded sale happened at this postcode is , THE OLD GRANARY CHURCH LANE: £200,000 (Sold on 23 Jul 1999)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£215,0001
2023£245,000 £2,447 1
2022£311,0001
2021£277,000 £3,044 1
2020£205,000 £2,253 2
2019£225,000 £2,812 1
2017£260,000 £2,747 2
2014£143,000 £2,860 1
2013£192,498 £2,159 2
2012£170,000 £2,146 1
2011£224,000 £1,250 2
2009£96,000 £1,103 1
2007£120,0001
2006£241,500 £1,302 3
2005£122,5001
2004£121,0001
2003£133,250 £998 2
2002£77,5002
2001£118,500 £1,615 2
2000£55,000 £646 2
1996£43,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£538,250 £3,810 4
2022£631,000 £4,937 5
2021£554,286 £3,211 7
2020£275,000 £2,406 3
2019£725,000 £3,243 2
2018£380,000 £2,935 2
2017£417,500 £3,761 1
2016£413,333 £2,742 3
2015£285,000 £2,460 2
2014£481,833 £2,653 3
2013£400,600 £2,398 5
2012£310,000 £2,403 1
2011£278,738 £2,974 4
2010£438,500 £1,925 2
2009£250,000 £1,866 1
2008£248,500 £1,538 2
2007£394,500 £2,396 5
2006£355,000 £1,390 2
2005£238,250 £2,110 8
2004£271,000 £3,165 3
2003£213,990 £1,900 5
2002£282,825 £2,154 6
2001£294,666 £1,311 6
2000£169,929 £1,386 7
1999£75,667 £301 3
1998£125,183 £1,018 3
1997£168,750 £1,096 2
1996£171,0003
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,850,000 £7,708 1
2019£197,000 £1,113 1
2018£682,500 £3,273 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£962,500 £2,952 2
2010£340,000 £1,565 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£695,000 £3,658 1
2006£400,000 £2,105 1
1999£200,000 £1,053 1

House Type in IP28 8NJ area

The most common house types in the IP28 8NJ postcode area are Detached (100), Semi-detached (47), and Terraced (4).

Total155
Detached100
Semi-detached47
Terraced4
commercial building2
Shared house1
temporary structure1
Flat0
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (65), and Owned: Owns with a mortgage or loan (53).

Owned: Owns outright65
Owned: Owns with a mortgage or loan53
Private rented: Private landlord or letting agency17
Social rented: Other social rented11
Social rented: Rents from council or Local Authority8
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP28 8NJ have 2 people in household (65), and 1 person in household (36).

2 people in household65
1 person in household36
3 people in household30
4 people in household20
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0