Housing Market Analysis for PENZANCE ROAD, IP5 1LY

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

Overview of Sold House prices

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

  • Other
    • The average price is around £250,000 median price is £250,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £250,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 PENZANCE ROAD: £250,000 (Sold on 29 Jan 2024)
    • The first recorded sale happened at this postcode is 13 PENZANCE ROAD: £250,000 (Sold on 29 Jan 2024)
  • Semi-Detached
    • The average price is around £145,722 median price is £160,000 Standard Deviation is £62,898 with Total Sold: 9
    • The Last 5 Year average price is £245,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 PENZANCE ROAD: £245,000 (Sold on 18 Dec 2020)
    • The first recorded sale happened at this postcode is 3 PENZANCE ROAD: £50,000 (Sold on 21 Mar 1995)
  • Detached
    • The average price is around £249,875 median price is £273,500 Standard Deviation is £99,994 with Total Sold: 4
    • The most recent sale happened at this postcode is 1B PENZANCE ROAD: £360,000 (Sold on 08 May 2007)
    • The first recorded sale happened at this postcode is 5 PENZANCE ROAD: £92,500 (Sold on 26 Feb 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average IP5 1LY 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
2024£250,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£245,000 £3,224 1
2016£225,000 £3,041 1
2009£160,000 £2,128 1
2003£155,667 £1,864 3
2001£94,5001
1998£69,995 £931 1
1995£50,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£360,000 £2,500 1
2006£242,0001
2005£305,000 £2,118 1
2001£92,5001

All the Sales in the PENZANCE ROAD, IP5 1LY

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

AddressSold DatePrice% Change
13 PENZANCE ROADOther, Freehold29 Jan 2024£250,000First Sale
7 PENZANCE ROADSemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1967-197518 Dec 2020£245,000First Sale
15 PENZANCE ROADSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1950-196619 Aug 2016£225,00034.73%
30 Oct 2003£167,000First Sale
9 PENZANCE ROADSemi-Detached, FreeholdArea: 75.18 Sq.mtrAge: 1950-196630 Oct 2009£160,000128.59%
25 Aug 1998£69,995First Sale
1B PENZANCE ROADDetached, FreeholdArea: 144 Sq.mtrAge: 1991-199508 May 2007£360,00018.03%
09 Sep 2005£305,000First Sale
1A PENZANCE ROADDetached, Freehold24 Apr 2006£242,000First Sale
11 PENZANCE ROADSemi-Detached, FreeholdArea: 119 Sq.mtrAge: 1967-197522 Aug 2003£175,000First Sale
1 PENZANCE ROADSemi-Detached, Freehold16 May 2003£125,000First Sale
3 PENZANCE ROADSemi-Detached, Freehold23 Jul 2001£94,50089.00%
21 Mar 1995£50,000First Sale
5 PENZANCE ROADDetached, Freehold26 Feb 2001£92,500First Sale

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

PENZANCE ROAD, IP5 1LY Near By properties

Interactive Map

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

  • Other
    • The average price is around £345,999 median price is £80,000 Standard Deviation is £471,951 with Total Sold: 7
    • The Last 5 Year average price is £218,749 with Total Sold: 4
    • The most recent sale happened at this postcode is , 80 BELL LANE: £538,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , OAKWOOD HOUSE STOLLERY CLOSE: £1,424,996 (Sold on 29 Aug 2014)
  • Flat
    • The average price is around £160,580 median price is £159,950 Standard Deviation is £52,859 with Total Sold: 228
    • The Last 5 Year average price is £202,315 with Total Sold: 42
    • The most recent sale happened at this postcode is , 18 COX CLOSE: £160,000 (Sold on 06 Jun 2024)
    • The first recorded sale happened at this postcode is , 18 HEATH VIEW: £24,000 (Sold on 30 Nov 1995)
  • Semi-Detached
    • The average price is around £178,334 median price is £174,525 Standard Deviation is £77,379 with Total Sold: 608
    • The Last 5 Year average price is £300,572 with Total Sold: 69
    • The most recent sale happened at this postcode is , 20 GLANVILLE PLACE: £170,000 (Sold on 13 May 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 £183,566 median price is £177,000 Standard Deviation is £62,282 with Total Sold: 303
    • The Last 5 Year average price is £268,012 with Total Sold: 40
    • The most recent sale happened at this postcode is , 14 BAIRD GROVE: £286,500 (Sold on 02 Apr 2024)
    • The first recorded sale happened at this postcode is , 21 OXFORD ROAD: £83,000 (Sold on 21 Aug 1995)
  • Detached
    • The average price is around £243,669 median price is £240,000 Standard Deviation is £95,379 with Total Sold: 670
    • The Last 5 Year average price is £364,664 with Total Sold: 98
    • The most recent sale happened at this postcode is , 46 PENZANCE ROAD: £460,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 15 CAMBORNE ROAD: £79,000 (Sold on 03 Mar 1995)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£394,0002
2019£43,498 £1,039 2
2016£61,000 £884 2
2014£1,424,996 £95,000 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£160,0001
2023£239,400 £3,939 10
2022£200,286 £3,209 7
2021£184,528 £2,931 9
2020£190,000 £3,321 6
2019£193,389 £2,909 9
2018£194,119 £3,394 8
2017£186,929 £3,165 7
2016£176,150 £2,600 10
2015£153,538 £2,393 13
2014£160,000 £2,447 10
2013£154,857 £2,267 7
2012£140,250 £2,168 13
2011£147,667 £2,152 6
2010£141,862 £2,096 4
2009£142,929 £2,205 7
2008£162,500 £2,448 2
2007£144,620 £2,445 12
2006£164,723 £2,486 34
2005£147,792 £2,414 42
2004£101,548 £1,605 3
2003£59,000 £855 1
2002£61,900 £685 2
2001£62,695 £1,180 1
1999£26,250 £417 2
1998£40,0001
1995£24,000 £280 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£266,875 £4,041 4
2023£298,333 £3,542 9
2022£384,893 £3,856 14
2021£293,571 £3,494 14
2020£267,150 £3,469 10
2019£267,611 £3,342 18
2018£253,750 £3,425 14
2017£250,500 £3,141 19
2016£245,550 £3,077 19
2015£204,550 £2,523 15
2014£212,666 £2,667 12
2013£196,135 £2,388 23
2012£184,552 £2,335 20
2011£175,999 £2,215 26
2010£181,652 £2,112 23
2009£152,848 £1,936 20
2008£186,145 £2,118 21
2007£196,346 £2,344 46
2006£194,008 £1,942 43
2005£171,275 £1,940 44
2004£148,058 £1,681 17
2003£148,429 £1,685 28
2002£121,654 £1,442 51
2001£116,769 £1,254 21
2000£87,965 £1,167 11
1999£72,150 £906 13
1998£67,049 £858 10
1997£60,297 £652 15
1996£53,577 £693 13
1995£50,060 £631 15
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£286,500 £2,535 1
2023£307,833 £3,037 6
2022£291,556 £3,285 9
2021£273,929 £3,780 7
2020£240,833 £2,730 9
2019£234,750 £2,798 8
2018£245,385 £2,732 13
2017£243,966 £2,548 15
2016£230,233 £2,637 18
2015£221,375 £2,181 8
2014£202,356 £2,276 7
2013£174,062 £2,462 8
2012£188,783 £2,215 23
2011£190,936 £3,011 8
2010£170,938 £1,872 8
2009£156,749 £1,865 8
2008£175,132 £1,831 8
2007£184,972 £2,176 16
2006£175,398 £1,821 15
2005£155,660 £1,931 32
2004£150,976 £1,689 20
2003£140,495 £1,829 9
2002£122,531 £1,466 26
2001£93,910 £1,288 6
2000£76,000 £884 1
1999£59,9952
1998£52,500 £553 2
1997£57,050 £560 5
1996£40,050 £558 4
1995£83,000 £497 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£410,000 £4,905 2
2023£440,732 £4,186 10
2022£442,900 £4,225 15
2021£345,369 £3,576 32
2020£326,763 £3,483 19
2019£330,300 £2,872 20
2018£338,636 £3,458 22
2017£320,321 £3,675 28
2016£319,531 £3,065 16
2015£279,827 £2,690 26
2014£288,405 £2,599 21
2013£252,264 £2,487 17
2012£246,878 £2,547 33
2011£254,070 £2,530 28
2010£240,393 £2,099 14
2009£201,718 £2,200 24
2008£248,690 £1,930 30
2007£249,776 £2,230 40
2006£219,481 £1,951 31
2005£216,796 £1,848 44
2004£215,950 £1,841 42
2003£211,923 £1,671 32
2002£163,890 £1,542 41
2001£145,087 £1,256 19
2000£126,808 £1,157 12
1999£101,344 £1,174 10
1998£76,333 £983 12
1997£82,395 £782 10
1996£75,581 £881 8
1995£74,954 £694 12

House Type in IP5 1LY area

The most common house types in the IP5 1LY postcode area are Detached (61), Semi-detached (46), and Flat (19).

Total128
Detached61
Semi-detached46
Flat19
Terraced1
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (73), and Owned: Owns with a mortgage or loan (28).

Owned: Owns outright73
Owned: Owns with a mortgage or loan28
Social rented: Other social rented11
Private rented: Private landlord or letting agency11
Private rented: Other private rented3
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP5 1LY have 2 people in household (55), and 1 person in household (39).

2 people in household55
1 person in household39
3 people in household16
4 people in household11
5 people in household5
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0