Housing Market Analysis for ELMCROFT CLOSE, IP28 8RP

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

Overview of Sold House prices

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

Terraced
- The average price is around £173,245 median price is £173,750 Standard Deviation is £42,806 with Total Sold: 10
- The Last 5 Year average price is £205,625 with Total Sold: 4
- The most recent sale happened at this postcode is 7 ELMCROFT CLOSE: £185,000 (Sold on 31 Oct 2023)
- The first recorded sale happened at this postcode is 7 ELMCROFT CLOSE: £126,950 (Sold on 02 Nov 2004)
Semi-Detached
- The average price is around £170,917 median price is £162,500 Standard Deviation is £31,220 with Total Sold: 15
- The Last 5 Year average price is £228,500 with Total Sold: 2
- The most recent sale happened at this postcode is 14 ELMCROFT CLOSE: £222,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is 19 ELMCROFT CLOSE: £159,950 (Sold on 24 Sep 2004)
Detached
- The average price is around £235,886 median price is £232,000 Standard Deviation is £25,918 with Total Sold: 14
- The Last 5 Year average price is £284,500 with Total Sold: 2
- The most recent sale happened at this postcode is 1 ELMCROFT CLOSE: £309,000 (Sold on 06 Sep 2022)
- The first recorded sale happened at this postcode is 2 ELMCROFT CLOSE: £236,250 (Sold on 26 Jul 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average IP28 8RP 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£185,000	£3,190	1
2022	£280,000	£2,523	1
2021	£185,000	£2,256	1
2020	£172,500	£2,974	1
2016	£195,000	£1,757	1
2015	£154,000	£2,318	2
2014	£140,000	£2,035	2
2004	£126,950	£2,189	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£222,000		1
2022	£235,000	£2,866	1
2018	£182,500	£2,226	1
2016	£195,000	£1,509	1
2004	£157,205	£1,938	11

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£309,000	£2,452	1
2021	£260,000	£2,398	1
2016	£229,000	£2,120	1
2013	£196,000	£1,860	1
2005	£236,500	£2,001	2
2004	£229,425	£1,979	8

All the Sales in the ELMCROFT CLOSE, IP28 8RP

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

Address	Sold Date	Price	% Change
7 ELMCROFT CLOSETerraced, FreeholdArea: 58 Sq.mtrAge: 1991-1995	31 Oct 2023	£185,000	7.25%
	17 Jul 2020	£172,500	32.69%
	23 May 2014	£130,000	2.40%
	02 Nov 2004	£126,950	First Sale
14 ELMCROFT CLOSESemi-Detached, Freehold	28 Mar 2024	£222,000	21.64%
	28 Sep 2018	£182,500	14.10%
	24 Sep 2004	£159,950	First Sale
1 ELMCROFT CLOSEDetached, FreeholdArea: 126 Sq.mtrAge: 2007 onwards	06 Sep 2022	£309,000	54.54%
	22 Oct 2004	£199,950	First Sale
8 ELMCROFT CLOSETerraced, FreeholdArea: 111 Sq.mtrAge: 2007 onwards	28 Jun 2022	£280,000	43.59%
	07 Sep 2016	£195,000	6.85%
	19 Nov 2004	£182,500	First Sale
18 ELMCROFT CLOSESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 2003-2006	25 Feb 2022	£235,000	44.62%
	23 Dec 2004	£162,500	First Sale
12 ELMCROFT CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 2003-2006	25 Oct 2021	£185,000	23.33%
	22 Dec 2014	£150,000	-6.22%
	19 Nov 2004	£159,950	First Sale
17 ELMCROFT CLOSEDetached, FreeholdArea: 108.44 Sq.mtrAge: 2003-2006	28 May 2021	£260,000	12.55%
	08 Oct 2004	£231,000	First Sale
11 ELMCROFT CLOSESemi-Detached, FreeholdArea: 129.26 Sq.mtr	04 Nov 2016	£195,000	7.44%
11 ELMCROFT CLOSESemi-Detached, FreeholdArea: 129.26 Sq.mtr	23 Dec 2004	£181,500	First Sale
2 ELMCROFT CLOSEDetached, FreeholdArea: 108 Sq.mtrAge: 2003-2006	10 Mar 2016	£229,000	-3.07%
	26 Jul 2004	£236,250	First Sale
6 ELMCROFT CLOSETerraced, FreeholdArea: 60.3 Sq.mtr	07 Jul 2015	£133,000	4.77%
6 ELMCROFT CLOSETerraced, FreeholdArea: 60.3 Sq.mtr	18 Nov 2004	£126,950	First Sale
13 ELMCROFT CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 2003-2006	16 Jan 2015	£175,000	-5.97%
	08 Oct 2004	£186,106	First Sale
3 ELMCROFT CLOSEDetached, FreeholdArea: 105.4 Sq.mtrAge: 2003-2006	02 Apr 2013	£196,000	-15.88%
	29 Jul 2005	£233,000	0.87%
	13 Aug 2004	£231,000	First Sale
16 ELMCROFT CLOSEDetached, FreeholdArea: 134 Sq.mtrAge: 2003-2006	18 Mar 2005	£240,000	First Sale
21 ELMCROFT CLOSEDetached, FreeholdArea: 131 Sq.mtrAge: 2003-2006	23 Dec 2004	£249,950	First Sale
10 ELMCROFT CLOSESemi-Detached, Freehold	22 Oct 2004	£123,950	First Sale
9 ELMCROFT CLOSESemi-Detached, FreeholdArea: 59 Sq.mtrAge: 2003-2006	22 Oct 2004	£125,950	First Sale
15 ELMCROFT CLOSESemi-Detached, FreeholdArea: 97 Sq.mtrAge: 2003-2006	24 Sep 2004	£159,950	First Sale
19 ELMCROFT CLOSESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 2003-2006	24 Sep 2004	£159,950	First Sale
5 ELMCROFT CLOSEDetached, FreeholdArea: 119 Sq.mtrAge: 2003-2006	14 Sep 2004	£236,250	First Sale
4 ELMCROFT CLOSEDetached, FreeholdArea: 108.44 Sq.mtrAge: 2003-2006	07 Sep 2004	£231,000	First Sale
20 ELMCROFT CLOSEDetached, FreeholdArea: 128.53 Sq.mtrAge: 2003-2006	20 Aug 2004	£220,000	First Sale

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

ELMCROFT CLOSE, IP28 8RP Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £145,081 median price is £149,950 Standard Deviation is £64,182 with Total Sold: 347
- The Last 5 Year average price is £226,948 with Total Sold: 55
- The most recent sale happened at this postcode is , 1 BRAMBLE WALK: £268,000 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is , 39 OAK DRIVE: £55,000 (Sold on 12 Jan 1995)
Detached
- The average price is around £191,527 median price is £187,500 Standard Deviation is £84,628 with Total Sold: 465
- The Last 5 Year average price is £296,074 with Total Sold: 67
- 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)
Terraced
- The average price is around £148,306 median price is £152,250 Standard Deviation is £53,898 with Total Sold: 172
- The Last 5 Year average price is £207,058 with Total Sold: 36
- 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 £4,517,314 median price is £1,144,712 Standard Deviation is £4,592,196 with Total Sold: 26
- The Last 5 Year average price is £796,000 with Total Sold: 10
- The most recent sale happened at this postcode is , 68A HOLMSEY GREEN: £375,000 (Sold on 02 Nov 2023)
- The first recorded sale happened at this postcode is , THE ROSE AND CROWN, 82 HOLMSEY GREEN: £615,000 (Sold on 07 Jun 2017)
Flat
- The average price is around £113,987 median price is £95,000 Standard Deviation is £36,565 with Total Sold: 21
- The Last 5 Year average price is £164,375 with Total Sold: 6
- The most recent sale happened at this postcode is , 2 THE PRESIDENTS: £160,000 (Sold on 02 Sep 2022)
- The first recorded sale happened at this postcode is , 20 THE PRESIDENTS: £94,995 (Sold on 13 Mar 2009)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£280,000	£2,130	5
2023	£236,932	£3,172	11
2022	£237,556	£3,107	14
2021	£205,300	£2,863	10
2020	£206,475	£2,387	15
2019	£211,500	£2,791	7
2018	£203,875	£2,498	12
2017	£178,397	£2,415	18
2016	£165,222	£2,115	18
2015	£171,321	£2,187	27
2014	£139,000	£1,744	12
2013	£132,611	£1,553	9
2012	£139,125	£1,576	4
2011	£130,124	£1,906	4
2010	£121,562	£2,125	4
2009	£136,000	£1,934	3
2008	£148,545	£1,994	11
2007	£162,647	£1,985	18
2006	£143,854	£1,722	19
2005	£142,055	£1,938	9
2004	£153,417	£1,789	15
2003	£97,017	£1,329	15
2002	£101,964	£1,280	11
2001	£82,850	£995	17
2000	£70,562	£830	12
1999	£65,090	£796	10
1998	£54,247	£648	12
1997	£53,688	£741	12
1996	£49,694	£582	9
1995	£47,625	£518	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£338,700	£4,295	5
2023	£331,367	£2,865	15
2022	£340,000	£3,234	11
2021	£284,640	£2,842	21
2020	£230,366	£2,405	15
2019	£251,000	£2,603	10
2018	£263,166	£2,292	12
2017	£256,260	£2,303	42
2016	£241,767	£2,144	20
2015	£189,871	£2,081	12
2014	£179,000	£1,913	20
2013	£181,607	£1,955	7
2012	£178,667	£1,815	6
2011	£169,908	£1,741	6
2010	£192,222	£1,550	9
2009	£176,250	£2,190	4
2008	£224,312	£1,962	16
2007	£203,842	£2,069	22
2006	£207,750	£2,103	18
2005	£188,147	£1,612	17
2004	£207,068	£2,030	19
2003	£187,847	£1,684	18
2002	£142,395	£1,474	20
2001	£116,373	£1,064	24
2000	£111,500	£993	22
1999	£98,138	£889	26
1998	£79,221	£653	9
1997	£69,076	£632	19
1996	£64,867	£701	9
1995	£65,345	£637	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£206,000	£2,340	3
2023	£211,111	£3,295	9
2022	£229,060	£2,743	10
2021	£193,800	£2,342	10
2020	£176,875	£2,455	4
2019	£193,125	£2,507	4
2018	£143,167	£1,584	6
2017	£176,259	£2,313	17
2016	£156,772	£1,939	18
2015	£126,111	£1,885	9
2014	£146,338	£1,706	8
2013	£128,500	£1,840	5
2012	£107,000	£1,715	1
2011	£102,375	£1,128	4
2010	£130,686	£1,495	8
2009	£79,000	£878	1
2008	£145,917	£2,636	3
2007	£137,124	£1,278	8
2006	£149,193	£1,856	15
2005	£150,500	£1,439	2
2004	£138,475	£1,844	2
2003	£117,875	£1,428	4
2002	£79,167	£1,271	3
2001	£63,498	£581	2
2000	£73,833	£888	3
1999	£50,667	£570	3
1998	£45,725	£519	4
1997	£56,167	£615	3
1996	£25,000	£333	1
1995	£39,500	£403	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£228,333	£3,381	3
2021	£160,000	£1,726	3
2020	£1,698,750	£36,247	4
2019	£110,000	£667	1
2018	£6,027,300	£70,909	1
2017	£7,382,348	£108,089	14

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£168,750	£2,691	5
2021	£142,500	£2,491	1
2018	£136,000	£2,386	1
2017	£135,000	£2,360	1
2016	£111,500	£1,858	1
2014	£80,000	£952	1
2012	£110,000	£1,471	1
2011	£85,000	£30,576	1
2010	£81,998	£6,818	5
2009	£84,998	£9,581	4

House Type in IP28 8RP area

The most common house types in the IP28 8RP postcode area are Detached (80), Semi-detached (65), and Terraced (12).

Total	170
Detached	80
Semi-detached	65
Terraced	12
temporary structure	11
Flat	2
Shared house	0
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (51), and Private rented: Private landlord or letting agency (43).

Owned: Owns with a mortgage or loan	51
Private rented: Private landlord or letting agency	43
Social rented: Other social rented	29
Owned: Owns outright	27
Shared ownership: Shared ownership	9
Social rented: Rents from council or Local Authority	6
Private rented: Other private rented	4
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the IP28 8RP have 1 person in household (54), and 2 people in household (52).

1 person in household	54
2 people in household	52
3 people in household	35
4 people in household	15
5 people in household	9
6 people in household	2
7 people in household	2
8 or more people in household	2
0 people in household	0