Housing Market Analysis for IP5 3RE

Are you looking to understand IP5 3RE 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 3RE area, explore the IP5 3RE Area information page.
For comprehensive crime statistics in the IP5 3RE area, explore the IP5 3RE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP5 3RE postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average IP5 3RE 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.

    All the Sales in the IP5 3RE

    See the table below for more details on the sold house prices in the IP5 3RE, East Suffolk postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the IP5 3RE postcode. Properties currently for saleProperties currently for rent

    IP5 3RE Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the IP5 3RE 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 3RE postcode.

    • Terraced
      • The average price is around £131,167 median price is £118,000 Standard Deviation is £59,483 with Total Sold: 197
      • The Last 5 Year average price is £219,394 with Total Sold: 27
      • The most recent sale happened at this postcode is , 16 HILTON ROAD: £190,000 (Sold on 20 May 2024)
      • The first recorded sale happened at this postcode is , 34 COOPERS ROAD: £44,000 (Sold on 10 Feb 1995)
    • Detached
      • The average price is around £233,336 median price is £215,000 Standard Deviation is £138,535 with Total Sold: 166
      • The Last 5 Year average price is £382,862 with Total Sold: 29
      • The most recent sale happened at this postcode is , 25 LANCASTER DRIVE: £770,000 (Sold on 06 Dec 2023)
      • The first recorded sale happened at this postcode is , 61 COOPERS ROAD: £57,000 (Sold on 07 Feb 1995)
    • Flat
      • The average price is around £112,292 median price is £115,000 Standard Deviation is £42,853 with Total Sold: 85
      • The Last 5 Year average price is £153,885 with Total Sold: 13
      • The most recent sale happened at this postcode is , 59 LARK RISE: £155,000 (Sold on 27 Oct 2023)
      • The first recorded sale happened at this postcode is , 24A LANCASTER DRIVE: £48,000 (Sold on 16 Mar 1995)
    • Semi-Detached
      • The average price is around £149,070 median price is £140,998 Standard Deviation is £72,300 with Total Sold: 192
      • The Last 5 Year average price is £263,239 with Total Sold: 23
      • The most recent sale happened at this postcode is , 65 FARRIERS CLOSE: £315,000 (Sold on 27 Oct 2023)
      • The first recorded sale happened at this postcode is , 2 SWAN CLOSE: £79,000 (Sold on 14 Jul 1995)
    • Other
      • The average price is around £8,711,963 median price is £256,750 Standard Deviation is £18,913,097 with Total Sold: 6
      • The Last 5 Year average price is £521,000 with Total Sold: 2
      • The most recent sale happened at this postcode is , 10 - 12 HAWKER DRIVE: £361,000 (Sold on 10 Oct 2022)
      • The first recorded sale happened at this postcode is , KING PIN BOWLING CENTRE GLOSTER ROAD: £152,500 (Sold on 30 Sep 2016)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£215,0003
    2022£245,333 £2,914 3
    2021£210,461 £3,290 9
    2020£215,200 £3,303 5
    2019£224,643 £2,650 7
    2018£285,167 £2,838 3
    2017£196,714 £2,697 7
    2016£169,582 £2,589 6
    2015£164,200 £2,338 10
    2014£137,383 £2,014 9
    2013£137,700 £2,026 5
    2012£121,625 £1,745 4
    2011£132,562 £1,999 8
    2010£127,389 £1,988 9
    2009£112,000 £1,623 2
    2008£174,500 £1,812 1
    2007£137,700 £2,596 5
    2006£135,320 £1,721 10
    2005£128,999 £1,694 9
    2004£109,500 £1,740 5
    2003£99,355 £1,566 28
    2002£83,945 £1,261 20
    2001£83,832 £1,080 6
    2000£74,000 £1,000 1
    1999£62,374 £708 4
    1998£55,990 £732 5
    1997£53,567 £693 3
    1996£51,300 £1,059 5
    1995£54,530 £627 5
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£596,000 £3,682 5
    2022£464,000 £4,053 5
    2021£299,450 £3,187 10
    2020£269,000 £3,307 5
    2019£365,875 £3,006 4
    2018£375,000 £2,820 2
    2017£245,999 £3,118 4
    2016£364,500 £2,802 4
    2015£348,389 £2,550 9
    2014£242,625 £2,427 8
    2013£296,199 £2,119 5
    2012£217,200 £1,945 5
    2011£183,500 £2,539 3
    2010£273,399 £1,978 5
    2009£176,625 £2,434 4
    2008£180,500 £1,861 2
    2007£316,800 £1,975 10
    2006£209,900 £1,913 10
    2005£195,375 £1,718 4
    2004£214,600 £1,858 5
    2003£123,286 £1,348 7
    2002£195,825 £1,303 6
    2001£135,875 £1,315 4
    2000£121,218 £1,142 8
    1999£120,911 £816 7
    1998£81,219 £790 10
    1997£128,700 £855 5
    1996£90,333 £695 3
    1995£80,643 £659 7
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£156,250 £2,643 4
    2022£151,500 £2,622 3
    2021£159,200 £2,522 5
    2020£125,000 £2,358 1
    2018£149,000 £2,579 2
    2017£175,000 £2,188 1
    2016£149,333 £2,290 3
    2015£120,375 £2,182 4
    2014£109,143 £1,800 7
    2013£112,750 £1,984 4
    2012£133,000 £1,603 2
    2011£120,667 £1,726 3
    2010£149,317 £1,932 3
    2009£115,000 £1,339 2
    2008£90,250 £1,867 2
    2007£146,889 £2,135 5
    2006£118,625 £1,774 4
    2005£106,738 £2,138 4
    2004£102,199 £1,886 5
    2003£81,242 £1,340 6
    2002£118,000 £1,595 1
    2001£65,998 £966 3
    2000£67,125 £854 2
    1999£60,000 £750 1
    1998£34,750 £791 2
    1997£39,500 £458 1
    1996£34,686 £509 4
    1995£48,000 £615 1
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£292,500 £4,343 5
    2022£243,500 £3,000 2
    2021£276,286 £3,375 7
    2020£243,125 £4,539 4
    2019£239,700 £2,753 5
    2018£209,625 £2,832 4
    2017£236,500 £2,769 4
    2016£226,874 £2,984 8
    2015£201,100 £2,271 5
    2014£209,008 £2,524 6
    2013£194,100 £2,467 5
    2012£168,333 £2,024 6
    2011£116,000 £2,078 3
    2010£157,000 £2,087 4
    2009£150,666 £1,952 12
    2008£154,583 £2,414 3
    2007£173,143 £1,979 7
    2006£171,481 £2,186 12
    2005£126,128 £1,756 9
    2004£128,849 £1,765 11
    2003£108,100 £1,561 15
    2002£153,5001
    2001£92,000 £1,097 6
    2000£73,678 £988 9
    1999£78,131 £926 11
    1998£63,083 £728 11
    1997£66,545 £659 10
    1996£57,000 £606 3
    1995£69,362 £720 4
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£521,0002
    2018£51,000,0001
    2017£38,6402
    2016£152,5001

    House Type in IP5 3RE area

    The most common house types in the IP5 3RE postcode area are Detached (73), Semi-detached (29), and Terraced (17).

    Total119
    Detached73
    Semi-detached29
    Terraced17
    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 (65), and Owned: Owns with a mortgage or loan (39).

    Owned: Owns outright65
    Owned: Owns with a mortgage or loan39
    Private rented: Private landlord or letting agency12
    Private rented: Other private rented3
    Shared ownership: Shared ownership2
    Social rented: Rents from council or Local Authority1
    Does not apply0
    Social rented: Other social rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the IP5 3RE have 2 people in household (51), and 1 person in household (28).

    2 people in household51
    1 person in household28
    3 people in household20
    4 people in household14
    5 people in household4
    6 people in household2
    0 people in household0
    7 people in household0
    8 or more people in household0