Housing Market Analysis for THE BACKS, IP5 1BW

Are you looking to understand IP5 1BW 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 IP5 1BW area, explore the IP5 1BW Area information page.
For comprehensive crime statistics in the IP5 1BW area, explore the IP5 1BW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP5 1BW postcode area, The average prices are as follows,

  • Other
    • The average price is around £133,500 median price is £133,500 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £133,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 THE BACKS: £133,500 (Sold on 25 Oct 2019)
    • The first recorded sale happened at this postcode is 3 THE BACKS: £133,500 (Sold on 25 Oct 2019)
  • Detached
    • The average price is around £410,000 median price is £410,000 Standard Deviation is £100,000 with Total Sold: 2
    • The Last 5 Year average price is £410,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 THE BACKS: £310,000 (Sold on 14 Jun 2019)
    • The first recorded sale happened at this postcode is 3 THE BACKS: £510,000 (Sold on 01 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average IP5 1BW 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£133,500 £819 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£310,000 £3,010 1
2023£510,000 £3,129 1

All the Sales in the THE BACKS, IP5 1BW

See the table below for more details on the sold house prices in the IP5 1BW, East Suffolk postcode.

AddressSold DatePrice% Change
3 THE BACKSOther, FreeholdArea: 163 Sq.mtrAge: 202025 Oct 2019£133,500-73.82%
01 Dec 2023£510,000First Sale
1 THE BACKSDetached, FreeholdArea: 103 Sq.mtrAge: 1983-199014 Jun 2019£310,000First Sale

Check out the sold house prices near the IP5 1BW postcode. Properties currently for saleProperties currently for rent

THE BACKS, IP5 1BW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP5 1BW 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 IP5 1BW postcode.

  • Detached
    • The average price is around £217,900 median price is £199,995 Standard Deviation is £111,536 with Total Sold: 733
    • The Last 5 Year average price is £364,875 with Total Sold: 114
    • The most recent sale happened at this postcode is , 16 ST AGNES WAY: £385,000 (Sold on 17 Jun 2024)
    • The first recorded sale happened at this postcode is , 41 CAMBRIDGE ROAD: £52,000 (Sold on 03 Feb 1995)
  • Semi-Detached
    • The average price is around £169,063 median price is £166,500 Standard Deviation is £83,964 with Total Sold: 753
    • The Last 5 Year average price is £284,135 with Total Sold: 130
    • The most recent sale happened at this postcode is , 3 BLACKDOWN AVENUE: £280,000 (Sold on 25 Mar 2024)
    • The first recorded sale happened at this postcode is , 14 ALBERTA CLOSE: £52,000 (Sold on 05 Jan 1995)
  • Terraced
    • The average price is around £135,715 median price is £133,748 Standard Deviation is £68,955 with Total Sold: 158
    • The Last 5 Year average price is £237,348 with Total Sold: 23
    • The most recent sale happened at this postcode is , 21 ALBERTA CLOSE: £245,000 (Sold on 07 Nov 2023)
    • The first recorded sale happened at this postcode is , 118 TRINITY CLOSE: £45,000 (Sold on 24 Feb 1995)
  • Other
    • The average price is around £187,438 median price is £95,500 Standard Deviation is £198,344 with Total Sold: 4
    • The Last 5 Year average price is £329,250 with Total Sold: 2
    • The most recent sale happened at this postcode is , B E SEWELL LTD MAIN ROAD: £525,000 (Sold on 23 Apr 2021)
    • The first recorded sale happened at this postcode is , 68 HOLLY ROAD: £33,750 (Sold on 02 Mar 2010)
  • Flat
    • The average price is around £93,250 median price is £93,250 Standard Deviation is £26,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , 62 HOLLY ROAD: £66,500 (Sold on 09 Apr 2009)
    • The first recorded sale happened at this postcode is , 65 BEECH ROAD: £120,000 (Sold on 17 Jan 2007)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£371,429 £4,156 7
2023£397,853 £3,837 17
2022£411,353 £4,368 17
2021£367,027 £3,951 30
2020£335,071 £3,538 21
2019£326,907 £3,456 22
2018£331,119 £3,529 26
2017£336,100 £3,663 25
2016£314,604 £3,402 24
2015£282,636 £2,834 26
2014£287,714 £2,765 21
2013£246,972 £2,618 18
2012£249,972 £2,668 18
2011£216,624 £2,469 12
2010£258,955 £2,255 11
2009£199,332 £2,054 18
2008£234,843 £2,431 16
2007£233,871 £2,415 25
2006£212,238 £1,956 26
2005£203,063 £2,112 32
2004£195,577 £1,997 29
2003£172,081 £1,703 18
2002£166,539 £1,634 32
2001£149,626 £1,297 27
2000£135,914 £1,344 60
1999£115,764 £1,123 22
1998£102,019 £912 46
1997£87,819 £794 39
1996£77,095 £764 20
1995£73,962 £767 28
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£290,600 £4,041 5
2023£303,030 £3,745 20
2022£326,167 £4,246 21
2021£284,531 £3,710 32
2020£258,725 £3,495 20
2019£259,219 £3,433 32
2018£240,184 £3,705 19
2017£257,407 £3,280 27
2016£237,800 £3,226 20
2015£219,577 £2,942 26
2014£195,009 £2,809 28
2013£183,340 £2,357 29
2012£174,326 £2,381 17
2011£169,174 £2,411 27
2010£171,394 £2,205 26
2009£152,126 £2,197 19
2008£166,916 £2,178 21
2007£187,464 £2,255 31
2006£163,934 £2,088 23
2005£160,297 £1,810 37
2004£156,347 £1,922 23
2003£134,175 £1,690 22
2002£119,553 £1,436 34
2001£97,722 £1,249 18
2000£84,707 £979 28
1999£70,060 £951 35
1998£64,108 £794 30
1997£55,832 £771 33
1996£55,204 £751 26
1995£54,956 £749 24
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£244,000 £4,247 5
2022£259,166 £4,041 6
2021£240,667 £3,701 6
2020£204,000 £3,273 5
2019£220,000 £4,451 1
2018£193,333 £2,983 3
2017£220,181 £3,215 11
2015£168,066 £2,638 9
2014£162,300 £2,770 5
2013£142,000 £2,357 6
2012£122,500 £1,905 2
2011£183,249 £2,295 4
2010£144,125 £2,211 4
2009£132,500 £1,820 2
2008£141,500 £2,223 4
2007£172,599 £2,615 5
2006£142,927 £2,129 7
2005£133,667 £2,360 6
2004£107,333 £1,724 9
2003£115,248 £1,609 2
2002£101,675 £1,481 8
2001£66,071 £1,143 7
2000£72,743 £1,190 8
1999£56,350 £1,043 5
1998£51,832 £768 6
1997£55,111 £864 9
1996£43,571 £561 7
1995£51,125 £613 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£525,0001
2019£133,500 £819 1
2017£57,500 £532 1
2010£33,750 £412 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£66,5001
2007£120,000 £1,765 1

House Type in IP5 1BW area

The most common house types in the IP5 1BW postcode area are Semi-detached (54), Detached (39), and Terraced (28).

Total123
Semi-detached54
Detached39
Terraced28
Flat1
commercial building1
Shared house0
converted building0
temporary structure0

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 (32).

Owned: Owns outright65
Owned: Owns with a mortgage or loan32
Private rented: Private landlord or letting agency19
Private rented: Other private rented4
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP5 1BW have 2 people in household (47), and 1 person in household (31).

2 people in household47
1 person in household31
3 people in household25
4 people in household17
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0