Housing Market Analysis for PENZANCE ROAD, IP5 1LE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £244,812 median price is £245,000 Standard Deviation is £108,486 with Total Sold: 16
    • The Last 5 Year average price is £321,000 with Total Sold: 5
    • The most recent sale happened at this postcode is 85 PENZANCE ROAD: £325,000 (Sold on 14 Dec 2021)
    • The first recorded sale happened at this postcode is 101 PENZANCE ROAD: £71,500 (Sold on 08 Dec 1997)
  • Semi-Detached
    • The average price is around £275,000 median price is £275,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £275,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 113 PENZANCE ROAD: £275,000 (Sold on 26 Mar 2021)
    • The first recorded sale happened at this postcode is 113 PENZANCE ROAD: £275,000 (Sold on 26 Mar 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average IP5 1LE 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
2021£356,667 £3,804 3
2020£267,500 £2,931 2
2015£270,000 £2,000 1
2013£347,500 £1,631 1
2012£240,000 £2,843 1
2011£180,000 £2,688 1
2009£154,000 £1,933 1
2008£395,000 £1,854 1
2004£204,000 £1,511 1
2002£189,998 £1,357 2
1998£70,000 £827 1
1997£71,500 £591 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£275,000 £3,056 1

All the Sales in the PENZANCE ROAD, IP5 1LE

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

AddressSold DatePrice% Change
85 PENZANCE ROADDetached, FreeholdArea: 73 Sq.mtrAge: 1950-196614 Dec 2021£325,000First Sale
98 PENZANCE ROADDetached, FreeholdArea: 124 Sq.mtrAge: 1967-197530 Jun 2021£420,000First Sale
113 PENZANCE ROADSemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1950-196626 Mar 2021£275,000First Sale
87 PENZANCE ROADDetached, FreeholdArea: 91 Sq.mtrAge: 1950-196612 Mar 2021£325,000First Sale
103 PENZANCE ROADDetached, FreeholdArea: 84.43 Sq.mtrAge: 1950-196603 Dec 2020£372,50055.21%
24 Feb 2012£240,00084.62%
08 Mar 2002£129,995First Sale
111 PENZANCE ROADDetached, FreeholdArea: 112 Sq.mtrAge: 1967-197529 May 2020£162,500First Sale
107 PENZANCE ROADDetached, FreeholdArea: 135 Sq.mtrAge: 1950-196629 Jul 2015£270,00032.35%
20 Aug 2004£204,000First Sale
94 PENZANCE ROADDetached, FreeholdArea: 213 Sq.mtrAge: 1967-197514 Jun 2013£347,500-12.03%
01 Dec 2008£395,00058.00%
05 Aug 2002£250,000First Sale
91 PENZANCE ROADDetached, FreeholdArea: 66.97 Sq.mtrAge: 1950-196611 Jan 2011£180,000First Sale
93 PENZANCE ROADDetached, FreeholdArea: 79.68 Sq.mtrAge: 1950-196622 May 2009£154,000First Sale
99 PENZANCE ROADDetached, FreeholdArea: 84.6 Sq.mtrAge: 1950-196630 Nov 1998£70,000First Sale
101 PENZANCE ROADDetached, FreeholdArea: 121 Sq.mtrAge: 1950-196608 Dec 1997£71,500First Sale

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

PENZANCE ROAD, IP5 1LE Near By properties

Interactive Map

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

  • Detached
    • The average price is around £204,945 median price is £182,000 Standard Deviation is £117,261 with Total Sold: 1,208
    • The Last 5 Year average price is £393,443 with Total Sold: 138
    • The most recent sale happened at this postcode is , 54 ST AGNES WAY: £435,000 (Sold on 30 Aug 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 £167,076 median price is £165,000 Standard Deviation is £84,136 with Total Sold: 687
    • The Last 5 Year average price is £284,650 with Total Sold: 114
    • The most recent sale happened at this postcode is , 35 LINKSFIELD: £398,000 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 38 CEDAR AVENUE: £46,000 (Sold on 10 Jan 1995)
  • Terraced
    • The average price is around £161,684 median price is £165,000 Standard Deviation is £72,797 with Total Sold: 241
    • The Last 5 Year average price is £251,914 with Total Sold: 35
    • The most recent sale happened at this postcode is , 88 TRINITY CLOSE: £240,000 (Sold on 22 Jul 2024)
    • The first recorded sale happened at this postcode is , 118 TRINITY CLOSE: £45,000 (Sold on 24 Feb 1995)
  • Flat
    • The average price is around £81,805 median price is £74,000 Standard Deviation is £35,836 with Total Sold: 19
    • The Last 5 Year average price is £129,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 10 HEATH VIEW: £128,000 (Sold on 24 Mar 2023)
    • The first recorded sale happened at this postcode is , 18 HEATH VIEW: £24,000 (Sold on 30 Nov 1995)
  • Other
    • The average price is around £442,821 median price is £531,275 Standard Deviation is £344,950 with Total Sold: 7
    • The Last 5 Year average price is £356,750 with Total Sold: 2
    • 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 , 68 HOLLY ROAD: £33,750 (Sold on 02 Mar 2010)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£405,893 £3,837 14
2023£462,104 £3,555 24
2022£458,504 £4,369 17
2021£369,969 £3,492 39
2020£352,204 £3,328 27
2019£340,542 £3,428 17
2018£353,041 £3,507 27
2017£332,824 £3,346 27
2016£335,189 £3,158 29
2015£313,037 £2,570 40
2014£280,959 £2,597 31
2013£255,816 £2,430 30
2012£263,638 £2,476 29
2011£258,474 £2,238 20
2010£253,280 £2,172 25
2009£217,708 £1,855 24
2008£247,340 £2,017 22
2007£244,319 £2,339 36
2006£221,097 £1,981 45
2005£208,438 £2,012 46
2004£207,238 £1,937 47
2003£190,403 £1,753 47
2002£172,535 £1,604 42
2001£142,492 £1,291 45
2000£138,967 £1,231 55
1999£111,327 £993 59
1998£98,661 £891 111
1997£93,162 £805 91
1996£86,695 £780 76
1995£81,967 £742 66
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£297,000 £4,041 8
2023£302,819 £3,539 16
2022£322,147 £4,162 17
2021£290,000 £3,699 32
2020£263,382 £3,407 17
2019£249,792 £3,338 24
2018£250,455 £3,787 11
2017£258,461 £3,190 26
2016£245,500 £3,152 13
2015£229,805 £2,936 18
2014£195,035 £2,727 21
2013£181,973 £2,467 24
2012£179,933 £2,191 15
2011£173,880 £2,291 25
2010£176,510 £2,195 24
2009£152,823 £2,286 26
2008£174,719 £2,450 17
2007£190,894 £2,299 34
2006£166,422 £2,063 20
2005£159,878 £1,814 37
2004£160,872 £1,993 22
2003£148,822 £1,763 20
2002£116,961 £1,428 30
2001£100,429 £1,245 21
2000£83,141 £911 28
1999£72,988 £960 30
1998£64,606 £782 26
1997£58,120 £780 35
1996£55,489 £760 29
1995£53,855 £735 21
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£289,6673
2023£269,778 £3,643 9
2022£263,062 £3,586 8
2021£244,833 £3,700 6
2020£210,071 £3,017 7
2019£238,000 £3,059 2
2018£226,929 £2,725 7
2017£229,800 £3,067 10
2016£224,500 £2,557 4
2015£194,940 £2,372 15
2014£184,562 £2,687 8
2013£164,273 £2,047 11
2012£157,750 £1,808 4
2011£173,000 £2,131 9
2010£172,583 £2,077 12
2009£139,729 £1,905 12
2008£178,833 £2,193 9
2007£186,821 £2,402 14
2006£182,642 £1,962 14
2005£151,090 £2,120 11
2004£107,333 £1,724 9
2003£148,332 £1,609 3
2002£101,675 £1,481 8
2001£65,143 £1,080 7
2000£73,158 £1,233 6
1999£56,350 £1,043 5
1998£51,856 £725 7
1997£52,667 £743 9
1996£38,700 £566 6
1995£51,125 £613 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£128,000 £2,977 1
2022£145,0001
2020£116,000 £2,698 1
2015£72,000 £1,756 1
2013£70,000 £1,628 1
2012£113,000 £1,316 1
2009£66,5001
2007£118,000 £1,573 2
2006£86,998 £1,443 2
2004£96,750 £1,149 2
2002£61,900 £685 2
1999£26,250 £417 2
1998£40,0001
1995£24,000 £280 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£356,750 £819 2
2017£467,500 £532 3
2014£950,0001
2010£33,750 £412 1

House Type in IP5 1LE area

The most common house types in the IP5 1LE postcode area are Detached (73), Semi-detached (49), and Terraced (2).

Total124
Detached73
Semi-detached49
Terraced2
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 (81), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright81
Owned: Owns with a mortgage or loan30
Private rented: Private landlord or letting agency9
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP5 1LE have 2 people in household (53), and 1 person in household (29).

2 people in household53
1 person in household29
4 people in household21
3 people in household17
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0