Housing Market Analysis for MEAD DRIVE, IP5 2HJ

Are you looking to understand IP5 2HJ 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 2HJ area, explore the IP5 2HJ Area information page.
For comprehensive crime statistics in the IP5 2HJ area, explore the IP5 2HJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP5 2HJ postcode area, The average prices are as follows,

Flat
- The average price is around £205,654 median price is £202,500 Standard Deviation is £29,754 with Total Sold: 113
- The Last 5 Year average price is £245,152 with Total Sold: 23
- The most recent sale happened at this postcode is 21, GRESSLAND COURT MEAD DRIVE: £245,000 (Sold on 14 Sep 2023)
- The first recorded sale happened at this postcode is 29, GRESSLAND COURT MEAD DRIVE: £159,950 (Sold on 20 Nov 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average IP5 2HJ 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£256,350	£4,177	10
2022	£252,500	£3,946	2
2021	£242,500	£3,663	3
2020	£235,000	£3,872	3
2019	£227,500	£3,205	5
2018	£226,000	£3,550	5
2017	£204,000	£3,274	5
2016	£193,929	£2,794	7
2015	£211,400	£2,834	5
2014	£213,900	£2,817	5
2013	£196,250	£2,731	4
2012	£197,300	£2,784	5
2011	£182,167	£2,743	3
2010	£192,975	£2,727	2
2009	£173,250	£2,620	4
2008	£200,000	£2,703	1
2007	£179,290	£2,848	5
2006	£204,561	£2,885	18
2005	£180,521	£2,772	21

All the Sales in the MEAD DRIVE, IP5 2HJ

See the table below for more details on the sold house prices in the IP5 2HJ, East Suffolk postcode.

Address	Sold Date	Price	% Change
21, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	14 Sep 2023	£245,000	0.0
	14 Sep 2023	£245,000	53.17%
	16 Dec 2005	£159,950	First Sale
10, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	11 Aug 2023	£245,000	48.48%
	09 Nov 2007	£165,000	3.16%
	09 Dec 2005	£159,950	First Sale
7, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 69.82 Sq.mtrAge: 2003-2006	30 Jun 2023	£292,500	36.68%
	24 Oct 2012	£214,000	-2.71%
	14 Dec 2005	£219,950	First Sale
30, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 72 Sq.mtrAge: 2003-2006	02 Jun 2023	£260,000	36.84%
	27 Jun 2013	£190,000	-4.98%
	19 Dec 2005	£199,950	First Sale
2, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 70.5 Sq.mtrAge: 2003-2006	30 May 2023	£256,000	34.74%
	05 Nov 2010	£190,000	-5.92%
	12 Dec 2006	£201,950	First Sale
PLOT 17, GRESSLAND COURT MEAD DRIVEFlat, Leasehold	19 May 2023	£257,500	0.0
	19 May 2023	£257,500	32.05%
	28 Mar 2013	£195,000	5.41%
	25 Feb 2011	£185,000	First Sale
12, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	14 Feb 2023	£270,000	33.70%
	02 Jun 2006	£201,950	First Sale
6, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	01 Feb 2023	£235,000	14.63%
	31 Aug 2017	£205,000	18.84%
	28 Sep 2012	£172,500	7.85%
	23 Dec 2005	£159,950	First Sale
28, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 72 Sq.mtrAge: 2003-2006	20 Apr 2022	£265,000	11.58%
	25 May 2021	£237,500	20.25%
	03 May 2011	£197,500	-1.23%
	16 Jun 2006	£199,950	First Sale
4, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	04 Apr 2022	£240,000	48.19%
	03 Nov 2006	£161,950	First Sale
37, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 73 Sq.mtrAge: 2003-2006	26 Nov 2021	£255,000	21.43%
	29 Jul 2015	£210,000	3.70%
	03 Aug 2007	£202,500	1.28%
	16 Dec 2005	£199,950	First Sale
34, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	24 Sep 2021	£235,000	11.90%
	26 Jan 2018	£210,000	31.29%
	16 Dec 2005	£159,950	First Sale
38, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	14 Dec 2020	£230,000	43.79%
	22 Dec 2005	£159,950	First Sale
26, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	08 Oct 2020	£230,000	27.78%
	29 Jul 2016	£180,000	12.54%
	14 Dec 2005	£159,950	First Sale
23, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 72 Sq.mtrAge: 2003-2006	09 Jun 2020	£245,000	22.50%
	06 Dec 2013	£200,000	1.55%
	31 Mar 2006	£196,950	First Sale
41, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 78 Sq.mtrAge: 2003-2006	25 Sep 2019	£237,500	4.40%
	28 Nov 2014	£227,500	First Sale
31, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 72 Sq.mtrAge: 2003-2006	19 Sep 2019	£240,000	17.07%
	01 Jul 2016	£205,000	2.50%
	04 Dec 2013	£200,000	-0.97%
	11 Jan 2007	£201,950	First Sale
33, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 83 Sq.mtrAge: 2007 onwards	05 Jun 2019	£210,000	20.00%
	30 Sep 2016	£175,000	-1.10%
	23 Dec 2005	£176,950	First Sale
15, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 71 Sq.mtrAge: 2003-2006	26 Apr 2019	£225,000	14.83%
	18 Sep 2010	£195,950	-2.97%
	30 Jun 2006	£201,950	First Sale
35, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	15 Apr 2019	£225,000	40.67%
	16 Dec 2005	£159,950	First Sale
29, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 58 Sq.mtrAge: 2003-2006	10 Jul 2018	£215,000	30.30%
	26 Aug 2016	£165,000	-1.20%
	13 Feb 2007	£167,000	4.41%
	20 Nov 2005	£159,950	First Sale
20, GRESSLAND COURT MEAD DRIVEFlat, Leasehold	31 May 2018	£240,000	20.03%
20, GRESSLAND COURT MEAD DRIVEFlat, Leasehold	16 Dec 2005	£199,950	First Sale
24, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 72 Sq.mtrAge: 2003-2006	17 Apr 2018	£230,000	12.77%
	29 Mar 2006	£203,950	First Sale
32, GRESSLAND COURT MEAD DRIVEFlat, Leasehold	02 Jan 2018	£235,000	0.88%
32, GRESSLAND COURT MEAD DRIVEFlat, Leasehold	29 Sep 2006	£232,950	First Sale
1, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 74 Sq.mtrAge: 2003-2006	07 Aug 2017	£225,000	15.38%
	28 Aug 2012	£195,000	-2.50%
	11 Jul 2008	£200,000	0.03%
	14 Dec 2005	£199,950	First Sale
11, GRESSLAND COURT MEAD DRIVEFlat, Leasehold	15 Jun 2017	£205,000	24.28%
11, GRESSLAND COURT MEAD DRIVEFlat, Leasehold	02 Dec 2005	£164,950	First Sale
16, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 72 Sq.mtrAge: 2003-2006	28 Apr 2017	£220,000	7.32%
	04 Mar 2016	£205,000	1.51%
	29 Jun 2006	£201,950	First Sale
19, GRESSLAND COURT MEAD DRIVEFlat, Leasehold	13 Apr 2017	£165,000	10.00%
	31 Jul 2009	£150,000	-6.22%
	17 Feb 2006	£159,950	First Sale
40, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 79.12 Sq.mtrAge: 2003-2006	05 Aug 2016	£225,000	1.35%
	01 Sep 2015	£222,000	3.26%
	17 Jan 2014	£215,000	7.50%
	26 Nov 2009	£200,000	-15.24%
	30 Jun 2006	£235,950	First Sale
5, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 71 Sq.mtrAge: 2003-2006	28 Apr 2016	£202,500	-1.68%
	19 Dec 2006	£205,950	First Sale
18, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 73 Sq.mtrAge: 2003-2006	14 Dec 2015	£220,000	4.79%
	30 Jun 2006	£209,950	First Sale
36, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 76 Sq.mtrAge: 2003-2006	08 Dec 2015	£210,000	2.44%
	24 Jan 2014	£205,000	2.53%
	19 Dec 2005	£199,950	First Sale
27, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 72 Sq.mtrAge: 2007 onwards	04 Sep 2015	£195,000	-2.50%
	24 Jan 2012	£200,000	0.03%
	13 Mar 2006	£199,950	First Sale
9, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 70 Sq.mtrAge: 2003-2006	13 May 2014	£212,000	6.03%
	12 Dec 2005	£199,950	First Sale
3, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 77 Sq.mtrAge: 2007 onwards	11 Apr 2014	£210,000	0.02%
	31 Mar 2006	£209,950	First Sale
39, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 89 Sq.mtrAge: 2003-2006	27 Jul 2012	£205,000	-10.85%
	22 Dec 2005	£229,950	First Sale
25, GRESSLAND COURT MEAD DRIVEFlat, Leasehold	12 Oct 2011	£164,000	2.53%
25, GRESSLAND COURT MEAD DRIVEFlat, Leasehold	16 Dec 2005	£159,950	First Sale
14, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 56.41 Sq.mtrAge: 2003-2006	10 Dec 2009	£148,000	-7.50%
	02 Nov 2007	£160,000	0.03%
	12 Dec 2005	£159,950	First Sale
8, GRESSLAND COURT MEAD DRIVEFlat, LeaseholdArea: 72 Sq.mtrAge: 2007-2011	30 Jan 2009	£195,000	-2.48%
	22 Dec 2005	£199,950	First Sale
12A, GRESSLAND COURT MEAD DRIVEFlat, Leasehold	15 Dec 2006	£201,950	First Sale
22, GRESSLAND COURT MEAD DRIVEFlat, Leasehold	16 Nov 2006	£229,950	2.22%
22, GRESSLAND COURT MEAD DRIVEFlat, Leasehold	09 May 2006	£224,950	First Sale

Check out the sold house prices near the IP5 2HJ postcode. Properties currently for saleProperties currently for rent

MEAD DRIVE, IP5 2HJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP5 2HJ 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 2HJ postcode.

Terraced
- The average price is around £157,335 median price is £161,495 Standard Deviation is £69,032 with Total Sold: 673
- The Last 5 Year average price is £250,601 with Total Sold: 85
- The most recent sale happened at this postcode is , 6 SHERWOOD FIELDS: £212,000 (Sold on 25 Jul 2024)
- The first recorded sale happened at this postcode is , 68 DEWAR LANE: £52,000 (Sold on 27 Jan 1995)
Detached
- The average price is around £229,508 median price is £230,000 Standard Deviation is £106,855 with Total Sold: 1,597
- The Last 5 Year average price is £387,425 with Total Sold: 182
- The most recent sale happened at this postcode is , 23 THE LLOYDS: £495,000 (Sold on 22 Jul 2024)
- The first recorded sale happened at this postcode is , 17 DEBEN VALLEY DRIVE: £72,950 (Sold on 27 Jan 1995)
Other
- The average price is around £356,332 median price is £210,000 Standard Deviation is £425,459 with Total Sold: 9
- The Last 5 Year average price is £276,666 with Total Sold: 6
- 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 £162,177 median price is £159,950 Standard Deviation is £47,066 with Total Sold: 245
- The Last 5 Year average price is £204,677 with Total Sold: 41
- 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 , 3 MASTERSON GROVE: £62,695 (Sold on 24 Aug 2001)
Semi-Detached
- The average price is around £172,043 median price is £174,525 Standard Deviation is £77,642 with Total Sold: 746
- The Last 5 Year average price is £290,500 with Total Sold: 81
- The most recent sale happened at this postcode is , 26 SCOPES ROAD: £240,000 (Sold on 28 May 2024)
- The first recorded sale happened at this postcode is , 35 REEVE GARDENS: £56,250 (Sold on 22 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£255,929	£2,670	7
2023	£276,700	£3,378	10
2022	£267,100	£3,717	15
2021	£250,596	£3,678	17
2020	£251,167	£2,992	18
2019	£219,722	£3,049	18
2018	£237,167	£2,964	21
2017	£229,229	£2,831	24
2016	£211,620	£2,888	35
2015	£193,979	£2,508	24
2014	£190,693	£2,465	18
2013	£156,977	£2,551	22
2012	£180,344	£2,226	32
2011	£162,966	£2,814	15
2010	£177,100	£1,747	10
2009	£159,615	£1,994	13
2008	£159,927	£2,006	13
2007	£175,990	£2,250	35
2006	£166,837	£2,029	35
2005	£152,052	£2,018	59
2004	£139,171	£1,899	40
2003	£120,748	£1,841	23
2002	£112,402	£1,521	38
2001	£77,235	£1,273	23
2000	£74,598	£1,156	10
1999	£57,820	£990	21
1998	£52,935	£890	20
1997	£46,626	£840	19
1996	£44,810	£772	25
1995	£48,294	£789	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£412,500		4
2023	£449,294	£3,842	30
2022	£429,150	£3,840	30
2021	£374,700	£3,517	55
2020	£351,950	£3,196	30
2019	£343,667	£2,971	33
2018	£370,131	£3,129	40
2017	£341,630	£3,284	54
2016	£321,769	£2,888	39
2015	£294,764	£2,638	48
2014	£285,361	£2,486	47
2013	£254,025	£2,353	49
2012	£251,235	£2,434	51
2011	£262,038	£2,386	39
2010	£253,713	£1,996	41
2009	£219,223	£1,946	49
2008	£242,266	£2,122	47
2007	£258,331	£2,177	64
2006	£239,201	£1,922	111
2005	£235,230	£1,856	113
2004	£225,054	£1,901	73
2003	£214,087	£1,717	71
2002	£163,967	£1,595	91
2001	£139,635	£1,288	59
2000	£121,873	£1,217	36
1999	£103,105	£929	46
1998	£89,214	£849	61
1997	£90,010	£838	69
1996	£78,733	£768	55
1995	£81,805	£787	62

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£394,000		2
2022	£575,000	£4,792	1
2021	£210,000	£3,638	1
2019	£43,498	£1,039	2
2016	£61,000	£884	2
2014	£1,424,996	£95,000	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£175,167	£2,915	3
2023	£251,778	£4,059	9
2022	£208,000	£3,503	5
2021	£178,575	£2,885	10
2020	£196,500	£3,302	6
2019	£199,438	£3,006	8
2018	£190,600	£3,145	10
2017	£178,850	£3,021	10
2016	£167,536	£2,598	14
2015	£163,666	£2,497	12
2014	£148,299	£2,354	15
2013	£160,929	£2,313	7
2012	£138,696	£2,203	14
2011	£156,800	£2,369	5
2010	£141,862	£2,096	4
2009	£122,652	£1,977	19
2008	£162,500	£2,448	2
2007	£145,537	£2,546	12
2006	£168,351	£2,571	33
2005	£145,827	£2,412	45
2004	£111,145	£2,061	1
2001	£62,695	£1,180	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£285,833	£4,041	3
2023	£285,125	£3,895	16
2022	£358,536	£3,901	14
2021	£295,667	£3,586	15
2020	£261,500	£3,099	11
2019	£262,727	£3,132	22
2018	£255,312	£3,271	16
2017	£251,523	£3,086	22
2016	£238,558	£2,961	25
2015	£203,487	£2,469	19
2014	£205,468	£2,648	16
2013	£200,275	£2,145	20
2012	£181,888	£2,291	22
2011	£179,968	£2,187	22
2010	£181,925	£2,128	20
2009	£167,898	£2,021	26
2008	£192,716	£2,166	21
2007	£198,640	£2,342	50
2006	£197,195	£2,055	59
2005	£175,288	£2,009	59
2004	£157,299	£1,866	31
2003	£145,729	£1,795	28
2002	£120,708	£1,507	52
2001	£102,941	£1,285	29
2000	£76,570	£1,098	17
1999	£66,835	£951	18
1998	£61,722	£904	19
1997	£60,639	£789	24
1996	£58,227	£746	22
1995	£54,250	£835	28

House Type in IP5 2HJ area

The most common house types in the IP5 2HJ postcode area are Flat (92), Detached (66), and Semi-detached (14).

Total	191
Flat	92
Detached	66
Semi-detached	14
Terraced	13
Shared house	4
commercial building	2
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (75), and Social rented: Other social rented (55).

Owned: Owns outright	75
Social rented: Other social rented	55
Owned: Owns with a mortgage or loan	33
Private rented: Private landlord or letting agency	20
Social rented: Rents from council or Local Authority	5
Private rented: Other private rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the IP5 2HJ have 1 person in household (92), and 2 people in household (57).

1 person in household	92
2 people in household	57
3 people in household	21
4 people in household	19
5 people in household	2
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0