Housing Market Analysis for SCHOOL CLOSE, IP28 8QW

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £337,875 median price is £334,000 Standard Deviation is £29,054 with Total Sold: 8
    • The most recent sale happened at this postcode is 1 SCHOOL CLOSE: £390,000 (Sold on 31 Jul 2019)
    • The first recorded sale happened at this postcode is 3 SCHOOL CLOSE: £320,000 (Sold on 23 Jun 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average IP28 8QW 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
2019£390,000 £1,857 1
2015£360,000 £1,667 1
2014£307,500 £1,700 2
2006£334,500 £1,702 4

All the Sales in the SCHOOL CLOSE, IP28 8QW

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

AddressSold DatePrice% Change
1 SCHOOL CLOSEDetached, FreeholdArea: 210 Sq.mtrAge: 2007 onwards31 Jul 2019£390,00012.07%
07 Jul 2006£348,000First Sale
2 SCHOOL CLOSEDetached, FreeholdArea: 216 Sq.mtrAge: 2007-201117 Dec 2015£360,0000.0
27 Sep 2006£360,000First Sale
4 SCHOOL CLOSEDetached, FreeholdArea: 180.8 Sq.mtrAge: 2003-200601 Sep 2014£305,000-1.61%
07 Jul 2006£310,000First Sale
3 SCHOOL CLOSEDetached, FreeholdArea: 181 Sq.mtrAge: 1996-200229 Aug 2014£310,000-3.12%
23 Jun 2006£320,000First Sale

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

SCHOOL CLOSE, IP28 8QW Near By properties

Interactive Map

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

  • Detached
    • The average price is around £230,709 median price is £223,875 Standard Deviation is £119,503 with Total Sold: 176
    • The Last 5 Year average price is £372,471 with Total Sold: 26
    • The most recent sale happened at this postcode is , THE LILACS FRIDAY STREET: £160,000 (Sold on 25 Jun 2024)
    • The first recorded sale happened at this postcode is , 5 FORD CLOSE: £90,000 (Sold on 13 Apr 1995)
  • Other
    • The average price is around £199,872 median price is £140,000 Standard Deviation is £183,926 with Total Sold: 9
    • The Last 5 Year average price is £135,167 with Total Sold: 6
    • The most recent sale happened at this postcode is , 37 BEECHES ROAD: £150,000 (Sold on 16 Feb 2024)
    • The first recorded sale happened at this postcode is , THE ORANGERY CHAPEL ROAD: £95,000 (Sold on 30 Jun 2016)
  • Semi-Detached
    • The average price is around £154,955 median price is £157,000 Standard Deviation is £63,300 with Total Sold: 89
    • The Last 5 Year average price is £246,908 with Total Sold: 6
    • The most recent sale happened at this postcode is , 16 MASON GARDENS: £235,000 (Sold on 09 Nov 2023)
    • The first recorded sale happened at this postcode is , 19 MASON GARDENS: £42,250 (Sold on 28 Jul 1995)
  • Terraced
    • The average price is around £180,424 median price is £170,000 Standard Deviation is £62,054 with Total Sold: 35
    • The Last 5 Year average price is £217,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 3 BLENHEIM CLOSE: £215,500 (Sold on 16 Sep 2021)
    • The first recorded sale happened at this postcode is , 81 CHAPEL ROAD: £118,500 (Sold on 12 Dec 1995)
  • Flat
    • The average price is around £71,333 median price is £92,500 Standard Deviation is £29,934 with Total Sold: 3
    • The most recent sale happened at this postcode is , 66B FRIDAY STREET: £92,500 (Sold on 11 Apr 2016)
    • The first recorded sale happened at this postcode is , 39A BEECHES ROAD: £29,000 (Sold on 12 Nov 1999)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£160,0001
2023£290,000 £2,843 2
2022£473,000 £2,481 5
2021£404,795 £3,604 11
2020£303,786 £2,600 7
2019£265,850 £2,405 10
2018£297,214 £3,092 7
2017£225,667 £1,896 3
2016£281,250 £2,500 6
2015£303,400 £1,960 5
2014£299,806 £1,907 8
2012£159,000 £1,508 1
2011£265,000 £2,287 4
2010£141,500 £2,124 2
2008£263,714 £3,196 7
2007£241,675 £2,273 11
2006£250,186 £2,289 18
2005£223,768 £1,797 8
2004£233,279 £2,531 7
2003£177,498 £1,514 3
2002£150,000 £824 6
2001£110,188 £826 8
2000£125,700 £740 10
1999£125,000 £847 4
1998£81,679 £1,269 7
1997£100,474 £659 4
1996£76,457 £518 7
1995£97,2014
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,0001
2023£260,000 £2,301 1
2022£68,0001
2021£102,5002
2020£128,0001
2018£692,850 £15,062 1
2017£200,000 £2,364 1
2016£95,000 £380 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£257,750 £3,028 2
2021£222,500 £2,910 2
2020£260,475 £3,720 2
2019£234,250 £2,801 6
2018£223,750 £2,764 4
2017£184,500 £2,688 2
2016£183,333 £2,479 3
2015£193,667 £2,663 3
2014£187,833 £2,099 3
2013£187,333 £2,088 3
2012£72,000 £1,385 1
2011£153,900 £1,802 5
2010£140,000 £1,611 2
2009£139,000 £1,864 1
2008£183,333 £1,718 3
2007£163,389 £2,039 9
2006£151,219 £2,002 13
2005£150,625 £1,680 4
2004£116,500 £1,917 2
2003£107,500 £1,571 2
2002£90,667 £1,370 3
2001£87,000 £781 2
2000£68,000 £971 1
1998£51,500 £790 2
1997£57,790 £675 5
1996£47,000 £530 2
1995£43,125 £623 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£226,500 £2,793 2
2020£200,000 £2,685 1
2019£264,150 £2,752 1
2018£210,200 £2,731 5
2016£211,500 £2,604 2
2015£240,333 £1,896 3
2014£166,000 £1,361 1
2010£181,000 £2,026 2
2007£152,500 £2,113 5
2006£211,733 £1,971 3
2005£157,250 £1,987 2
2003£275,0001
2001£116,250 £1,283 2
2000£112,000 £1,070 1
1999£78,000 £1,007 1
1997£87,500 £836 1
1996£59,000 £762 1
1995£118,5001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£92,500 £1,637 2
1999£29,000 £744 1

House Type in IP28 8QW area

The most common house types in the IP28 8QW postcode area are Detached (91), Semi-detached (38), and Shared house (5).

Total139
Detached91
Semi-detached38
Shared house5
Terraced3
Flat1
commercial building1
converted 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 (45).

Owned: Owns outright45
Owned: Owns with a mortgage or loan45
Private rented: Private landlord or letting agency44
Private rented: Other private rented4
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 8QW have 2 people in household (46), and 1 person in household (41).

2 people in household46
1 person in household41
3 people in household21
4 people in household21
5 people in household7
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0