Housing Market Analysis for MELFORD CLOSE, IP4 5DN

Are you looking to understand IP4 5DN 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 East Suffolk postcode.

For the location information and nearby amenities in the IP4 5DN area, explore the IP4 5DN Area information page.
For comprehensive crime statistics in the IP4 5DN area, explore the IP4 5DN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP4 5DN postcode area, The average prices are as follows,

  • Detached
    • The average price is around £184,636 median price is £155,000 Standard Deviation is £107,602 with Total Sold: 11
    • The Last 5 Year average price is £378,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 MELFORD CLOSE: £395,000 (Sold on 03 Feb 2023)
    • The first recorded sale happened at this postcode is 2 MELFORD CLOSE: £91,500 (Sold on 20 Jan 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IP4 5DN 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
2023£395,000 £3,405 1
2022£362,500 £4,167 1
2008£215,0001
2003£220,0002
2002£155,000 £1,782 1
1998£95,0001
1995£92,1244

All the Sales in the MELFORD CLOSE, IP4 5DN

See the table below for more details on the sold house prices in the IP4 5DN, East Suffolk postcode.

AddressSold DatePrice% Change
5 MELFORD CLOSEDetached, FreeholdArea: 116 Sq.mtrAge: 1991-199503 Feb 2023£395,000First Sale
8 MELFORD CLOSEDetached, FreeholdArea: 87 Sq.mtrAge: 1991-199511 Nov 2022£362,500133.87%
02 Dec 2002£155,000First Sale
2 MELFORD CLOSEDetached, Freehold05 Dec 2008£215,00013.16%
22 Oct 2003£190,000107.65%
20 Jan 1995£91,500First Sale
7 MELFORD CLOSEDetached, Freehold14 Nov 2003£250,000123.21%
28 Feb 1995£112,000First Sale
1 MELFORD CLOSEDetached, Freehold17 Dec 1998£95,000102.15%
27 Feb 1995£46,995First Sale
4 MELFORD CLOSEDetached, Freehold28 Apr 1995£118,000First Sale

Check out the sold house prices near the IP4 5DN postcode. Properties currently for saleProperties currently for rent

MELFORD CLOSE, IP4 5DN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP4 5DN 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 IP4 5DN postcode.

  • Detached
    • The average price is around £231,186 median price is £215,000 Standard Deviation is £133,844 with Total Sold: 1,281
    • The Last 5 Year average price is £452,545 with Total Sold: 135
    • The most recent sale happened at this postcode is , 3 HINTLESHAM CLOSE: £450,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 13 SANDPIT CLOSE: £73,950 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £186,133 median price is £195,000 Standard Deviation is £65,689 with Total Sold: 134
    • The Last 5 Year average price is £273,083 with Total Sold: 12
    • The most recent sale happened at this postcode is , 66 AUDLEY GROVE: £339,000 (Sold on 26 Jun 2024)
    • The first recorded sale happened at this postcode is , 9 HOUGHTON PLACE: £42,500 (Sold on 08 Dec 1995)
  • Other
    • The average price is around £806,583 median price is £936,750 Standard Deviation is £531,141 with Total Sold: 6
    • The Last 5 Year average price is £722,900 with Total Sold: 5
    • The most recent sale happened at this postcode is , GOLF HOTEL, 748 FOXHALL ROAD: £1,250,000 (Sold on 25 Mar 2024)
    • The first recorded sale happened at this postcode is , GOLF HOTEL, 748 FOXHALL ROAD: £1,225,000 (Sold on 31 Jan 2017)
  • Semi-Detached
    • The average price is around £163,860 median price is £163,000 Standard Deviation is £85,376 with Total Sold: 105
    • The Last 5 Year average price is £323,333 with Total Sold: 9
    • The most recent sale happened at this postcode is , 42 BIXLEY DRIVE: £380,000 (Sold on 08 Jul 2022)
    • The first recorded sale happened at this postcode is , 30 THE PASTURES: £59,995 (Sold on 16 Mar 1995)
  • Flat
    • The average price is around £77,900 median price is £49,950 Standard Deviation is £41,093 with Total Sold: 3
    • The most recent sale happened at this postcode is , 31 BLAIR CLOSE: £136,000 (Sold on 11 Jun 2007)
    • The first recorded sale happened at this postcode is , 31 BLAIR CLOSE: £49,950 (Sold on 11 Jan 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£392,727 £3,195 11
2023£531,175 £3,785 20
2022£518,003 £4,021 23
2021£432,179 £3,344 42
2020£405,214 £3,065 21
2019£420,831 £3,298 18
2018£399,518 £3,253 28
2017£355,178 £3,007 21
2016£354,033 £2,740 45
2015£371,580 £2,451 31
2014£315,268 £2,620 27
2013£285,717 £2,127 30
2012£262,704 £2,245 27
2011£281,398 £2,381 32
2010£276,118 £2,014 38
2009£246,705 £1,912 26
2008£272,957 £1,824 23
2007£294,166 £2,344 39
2006£256,212 £2,073 42
2005£250,780 £2,020 33
2004£251,474 £1,886 44
2003£218,305 £1,664 49
2002£209,656 £1,623 40
2001£185,211 £1,386 61
2000£178,289 £1,232 61
1999£133,391 £1,036 92
1998£108,183 £929 100
1997£111,951 £909 82
1996£104,422 £763 74
1995£96,685 £771 101
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£339,0001
2023£305,750 £3,256 4
2022£341,000 £2,915 1
2021£235,000 £3,713 2
2020£214,000 £3,536 2
2019£238,000 £3,059 2
2018£258,583 £2,887 6
2017£247,812 £2,927 8
2016£218,250 £2,711 6
2015£217,167 £2,250 9
2014£202,500 £2,548 4
2013£174,910 £2,177 9
2012£164,071 £2,061 7
2011£167,333 £2,123 6
2010£180,611 £1,952 9
2009£137,481 £1,964 13
2008£208,700 £2,177 5
2007£195,833 £2,286 9
2006£205,550 £1,907 9
2005£166,666 £2,070 6
2004£121,500 £2,209 1
2003£149,667 £1,221 3
2002£92,000 £1,646 1
2000£62,982 £1,147 3
1998£59,000 £965 3
1997£52,000 £580 1
1996£46,167 £629 3
1995£42,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£768,000 £2,918 2
2023£5,000 £45 1
2022£648,500 £3,524 1
2019£1,425,0001
2017£1,225,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£380,000 £3,333 1
2021£324,000 £3,349 5
2020£310,000 £3,263 1
2019£300,000 £2,971 2
2018£279,000 £2,469 1
2017£257,167 £2,842 3
2016£250,000 £2,778 1
2015£208,000 £2,628 4
2014£202,750 £2,206 2
2013£191,167 £2,179 3
2012£208,875 £2,138 2
2011£183,300 £2,074 5
2010£152,500 £1,604 2
2009£166,917 £2,694 6
2008£209,9982
2007£199,929 £2,169 7
2006£211,938 £1,942 8
2005£171,750 £2,089 4
2004£141,249 £2,010 4
2003£178,908 £1,978 6
2002£103,500 £1,944 2
2001£110,098 £1,346 5
2000£100,667 £929 3
1999£69,1673
1998£62,583 £887 6
1996£55,667 £746 3
1995£63,795 £842 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£136,0001
1997£47,7501
1995£49,9501

House Type in IP4 5DN area

The most common house types in the IP4 5DN postcode area are Detached (121), Semi-detached (1), and Terraced (1).

Total123
Detached121
Semi-detached1
Terraced1
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (67), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright67
Owned: Owns with a mortgage or loan51
Private rented: Private landlord or letting agency4
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IP4 5DN have 2 people in household (50), and 4 people in household (30).

2 people in household50
4 people in household30
1 person in household21
3 people in household19
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0