Housing Market Analysis for OLIVE WAY, IP28 8XA

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £203,238 median price is £200,000 Standard Deviation is £29,395 with Total Sold: 24
    • The Last 5 Year average price is £234,000 with Total Sold: 8
    • The most recent sale happened at this postcode is 8 OLIVE WAY: £264,000 (Sold on 30 May 2024)
    • The first recorded sale happened at this postcode is 8 OLIVE WAY: £225,000 (Sold on 04 Sep 2023)
  • Flat
    • The average price is around £163,100 median price is £163,100 Standard Deviation is £1,100 with Total Sold: 2
    • The Last 5 Year average price is £162,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 OLIVE WAY: £162,000 (Sold on 10 Jan 2022)
    • The first recorded sale happened at this postcode is 5 OLIVE WAY: £164,200 (Sold on 09 Dec 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average IP28 8XA 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£264,0001
2023£225,000 £2,123 3
2022£238,000 £3,173 1
2021£231,667 £2,790 3
2018£225,000 £2,532 2
2017£230,000 £3,067 1
2016£190,000 £2,533 1
2015£193,250 £2,268 3
2013£172,884 £1,909 9
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£162,000 £2,656 1
2016£164,200 £2,692 1

All the Sales in the OLIVE WAY, IP28 8XA

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

AddressSold DatePrice% Change
8 OLIVE WAYTerraced, Freehold30 May 2024£264,00017.33%
04 Sep 2023£225,00026.41%
18 Oct 2013£177,995-20.89%
04 Sep 2023£225,0000.0
04 Sep 2023£225,000First Sale
11 OLIVE WAYTerraced, FreeholdArea: 75 Sq.mtr24 Jun 2022£238,00013.33%
31 Aug 2018£210,00014.29%
15 Sep 2015£183,75011.37%
15 Nov 2013£164,995First Sale
5 OLIVE WAYFlat, LeaseholdArea: 61 Sq.mtr10 Jan 2022£162,000-1.34%
09 Dec 2016£164,200First Sale
9 OLIVE WAYTerraced, FreeholdArea: 75 Sq.mtr16 Jul 2021£235,0002.17%
09 Jul 2021£230,00021.05%
01 Aug 2016£190,00018.75%
28 Oct 2013£159,995First Sale
7 OLIVE WAYTerraced, FreeholdArea: 106 Sq.mtr14 Jan 2021£230,00027.78%
25 Oct 2013£179,995First Sale
4 OLIVE WAYTerraced, FreeholdArea: 106 Sq.mtr30 Jan 2018£240,00034.84%
26 Jul 2013£177,995First Sale
1 OLIVE WAYTerraced, FreeholdArea: 75 Sq.mtr06 Apr 2017£230,00033.72%
26 Jun 2013£171,995First Sale
10 OLIVE WAYTerraced, FreeholdArea: 75 Sq.mtr11 Dec 2015£186,00016.25%
08 Nov 2013£159,995First Sale
2 OLIVE WAYTerraced, FreeholdArea: 112 Sq.mtr27 Oct 2015£210,00013.52%
26 Jun 2013£184,995First Sale
6 OLIVE WAYTerraced, FreeholdArea: 104 Sq.mtrAge: 2012 onwards18 Oct 2013£177,995First Sale

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

OLIVE WAY, IP28 8XA Near By properties

Interactive Map

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

  • Detached
    • The average price is around £241,337 median price is £247,500 Standard Deviation is £93,239 with Total Sold: 433
    • The Last 5 Year average price is £342,179 with Total Sold: 86
    • The most recent sale happened at this postcode is , 2 SNOWDROP WAY: £380,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 2A CLOVER WAY: £52,000 (Sold on 11 Apr 1996)
  • Semi-Detached
    • The average price is around £155,135 median price is £159,225 Standard Deviation is £75,191 with Total Sold: 504
    • The Last 5 Year average price is £246,081 with Total Sold: 102
    • The most recent sale happened at this postcode is , 40 LABURNUM CLOSE: £235,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 ROSEMARY CLOSE: £38,500 (Sold on 10 Feb 1995)
  • Terraced
    • The average price is around £165,123 median price is £167,250 Standard Deviation is £58,087 with Total Sold: 488
    • The Last 5 Year average price is £228,933 with Total Sold: 98
    • 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)
  • Flat
    • The average price is around £129,125 median price is £129,998 Standard Deviation is £33,089 with Total Sold: 62
    • The Last 5 Year average price is £150,028 with Total Sold: 9
    • 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 , 2 HAREBELL ROAD: £70,000 (Sold on 24 Oct 2006)
  • Other
    • The average price is around £474,928 median price is £400,000 Standard Deviation is £495,156 with Total Sold: 11
    • The Last 5 Year average price is £354,745 with Total Sold: 7
    • The most recent sale happened at this postcode is , 2 SCOTS PINE COURT: £5,000 (Sold on 09 Nov 2023)
    • 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£370,9388
2023£324,500 £3,724 7
2022£364,583 £3,219 12
2021£330,205 £3,006 17
2020£328,973 £3,156 21
2019£347,211 £2,894 21
2018£285,071 £2,759 7
2017£289,588 £2,435 21
2016£263,256 £2,437 30
2015£258,054 £2,080 38
2014£253,527 £2,245 29
2013£219,086 £2,064 11
2012£265,747 £1,675 9
2011£229,642 £1,671 7
2010£206,833 £1,960 10
2009£178,321 £2,329 14
2008£232,125 £2,756 4
2007£232,095 £1,984 21
2006£245,403 £2,304 53
2005£211,904 £2,054 23
2004£162,300 £1,423 8
2003£152,000 £2,019 5
2002£134,999 £1,364 7
2001£109,041 £1,129 11
2000£106,786 £893 7
1999£88,493 £898 7
1998£79,045 £616 10
1997£70,214 £639 7
1996£53,794 £542 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£260,800 £2,490 5
2023£246,900 £3,409 10
2022£258,909 £3,334 11
2021£227,316 £3,087 30
2020£241,720 £3,018 18
2019£261,030 £2,851 28
2018£221,176 £2,725 17
2017£202,682 £2,738 19
2016£201,554 £2,357 31
2015£197,158 £2,585 17
2014£172,643 £2,170 24
2013£152,964 £1,883 15
2012£134,333 £2,217 9
2011£155,748 £1,831 16
2010£148,061 £1,842 14
2009£167,333 £1,748 6
2008£137,726 £2,236 6
2007£153,923 £1,932 13
2006£159,885 £2,048 20
2005£158,615 £1,877 36
2004£132,384 £1,767 13
2003£108,168 £1,363 16
2002£91,241 £1,227 11
2001£72,293 £965 21
2000£64,727 £888 15
1999£62,129 £698 17
1998£50,953 £680 15
1997£45,295 £621 11
1996£42,679 £538 19
1995£40,564 £548 21
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£226,167 £3,231 6
2023£242,917 £2,708 6
2022£260,882 £3,337 17
2021£229,412 £2,879 20
2020£218,989 £2,948 25
2019£213,458 £2,730 24
2018£193,316 £2,988 19
2017£211,263 £2,839 19
2016£186,653 £2,577 29
2015£180,470 £2,395 44
2014£168,040 £2,212 35
2013£153,155 £1,893 33
2012£144,551 £3,718 19
2011£144,630 £1,907 21
2010£152,092 £1,842 17
2009£138,033 £2,598 9
2008£163,478 £2,732 8
2007£134,891 £2,035 19
2006£153,111 £2,178 35
2005£139,180 £2,008 25
2004£116,585 £1,732 6
2003£102,643 £1,458 7
2002£75,158 £1,183 6
2001£73,883 £1,024 9
2000£60,000 £1,053 1
1999£44,999 £745 8
1998£41,150 £708 6
1997£47,464 £679 7
1996£39,470 £601 5
1995£39,167 £553 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,0001
2023£187,167 £24,443 3
2022£121,000 £2,069 2
2020£154,500 £2,801 2
2019£57,750 £1,069 1
2018£167,500 £2,839 1
2017£150,333 £2,461 6
2016£148,063 £12,862 9
2015£135,062 £7,144 8
2014£130,796 £2,414 5
2013£109,710 £7,563 7
2012£114,997 £1,759 3
2011£106,248 £19,392 6
2010£97,197 £14,271 5
2009£72,500 £888 1
2008£140,000 £1,867 1
2006£70,000 £858 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£5,000 £26 1
2022£396,000 £5,713 2
2021£561,737 £18,131 3
2020£1,0001
2018£111,000 £597 1
2017£415,0002
2013£1,800,0001

House Type in IP28 8XA area

The most common house types in the IP28 8XA postcode area are Terraced (26), Flat (15), and Semi-detached (12).

Total58
Terraced26
Flat15
Semi-detached12
Detached4
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (22), and Owned: Owns with a mortgage or loan (19).

Private rented: Private landlord or letting agency22
Owned: Owns with a mortgage or loan19
Social rented: Other social rented7
Owned: Owns outright6
Social rented: Rents from council or Local Authority3
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP28 8XA have 2 people in household (24), and 1 person in household (15).

2 people in household24
1 person in household15
3 people in household8
4 people in household7
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0